Category
Markets
Stories and analysis from The Business Now newsroom.
Markets
Gift Nifty Closing: Gift Nifty Ends at 24,106.50, Signals Positive Start for Nifty 50
Gift Nifty Closing: Gift Nifty Ends Higher at 24,106.50 Gift Nifty Closing on July 16, 2026, ended on a positive note as Gift Nifty closed at 24,106.50, gaining 64.50 points (+0.27%) during the session. The closing level also stood 28 points above the previous Nifty 50 close of 24,078.50, indicating a potentially positive start for...
Business
Trump Warns of Expanding Strikes Against Iran Next Week: Rising Middle East Tensions Put Global Markets on Alert
Trump Warns of Expanding Strikes Against Iran as Middle East Tensions Rise Trump Warns of Expanding Strikes Against Iran, according to reports citing comments made during an interview with Fox News. The statement has intensified concerns over a broader military conflict in the Middle East and immediately placed global financial markets, energy traders, and geopolitical...
Markets
SpaceX Stock Falls Below IPO Price Ahead of Starship Test Flight: Should Investors Be Worried?
SpaceX Stock Falls Below IPO Price Ahead of Critical Starship Test Flight SpaceX Stock is back in the spotlight after the aerospace company’s shares fell below their initial public offering (IPO) price for the first time. On July 16, 2026, SpaceX Stock dropped to an all-time low of $132.75, slipping below its IPO price of...
Global
Bank of Canada Interest Rate Decision: BoC Holds Key Rate at 2.25%, Sees Economic Rebound Ahead
Bank of Canada Interest Rate Decision: BoC Holds Interest Rate at 2.25%, Predicts Economic Recovery The Bank of Canada Interest Rate Decision on July 16, 2026, kept the country’s benchmark policy interest rate unchanged at 2.25%, matching market expectations. While maintaining its current monetary policy stance, the central bank expressed optimism that Canada’s economy is...
Business
Economic Calendar Today (July 16, 2026): US Retail Sales, UK GDP, Unemployment Claims & FOMC Speeches in Focus
Economic Calendar Today (July 16, 2026): US Retail Sales, UK GDP & Fed Speakers Take Center Stage Economic Calendar Today for July 16, 2026, features several high-impact economic events that could influence the US dollar, stock markets, forex, gold prices, and bond yields. Investors will closely monitor US Retail Sales, Core Retail Sales, UK GDP,...
Business
BlackRock Assets Under Management Hits $15 Trillion as Strong ETF Inflows Boost Q2 Earnings
BlackRock Assets Under Management Hits $15 Trillion as ETF Inflows Drive Record Growth BlackRock Assets Under Management has reached a historic milestone, crossing $15 trillion for the first time as the world’s largest asset manager reported strong second-quarter 2026 earnings. Powered by record ETF inflows, higher client investments, and robust earnings growth, BlackRock Assets Under...
Economy
US Gulf Coast Gasoline Stocks Hit Multi-Year Low: What It Means for Fuel Prices, Oil Markets, and Inflation
US Gulf Coast Gasoline Stocks Hit Multi-Year Low: What It Means for Fuel Prices, Oil Markets, and Inflation The US Gulf Coast gasoline stocks hit multi-year low, reaching their lowest level since September 2017, according to the latest data released by the U.S. Energy Information Administration (EIA). The sharp decline comes as global energy markets...
Commodities
US Crude Oil Inventories Fall More Than Expected as Iran Conflict Intensifies: What It Means for Oil Prices, Gold, and Global Markets
US Crude Oil Inventories Fall More Than Expected Amid Escalating Iran Tensions The latest U.S. Energy Information Administration (EIA) data showed that US crude oil inventories fall by 1.692 million barrels, signaling tighter supply conditions than expected. While analysts had anticipated a larger draw of approximately 1.962 million barrels, the report still marks a significant...
Economy
U.S. Strikes Iran Over Strait of Hormuz Attacks: Oil Prices Surge, Gold Gains, and Global Markets Brace for Escalation
U.S. Strikes Iran Over Strait of Hormuz Attacks: Oil Prices Surge, Gold Gains, and Global Markets Brace for Escalation The U.S. Strikes Iran Over Strait of Hormuz Attacks has become one of the biggest geopolitical developments of 2026, sending shockwaves through global financial markets. According to official military statements, U.S. Central Command (CENTCOM) launched coordinated...