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Stories and analysis from The Business Now newsroom.
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...
Markets
FII DII Data Today: FIIs Sell ₹735.83 Crore While DIIs Buy ₹704.93 Crore — What It Means for Nifty 50 on July 16
FII DII Data Today: Foreign Investors Remain Sellers as Domestic Institutions Absorb Selling Pressure FII DII Data Today indicates that foreign institutional investors (FIIs) continued to book profits in the Indian equity market, while domestic institutional investors (DIIs) largely absorbed the selling pressure. According to the latest market data: Although foreign investors remained net sellers,...
Dow Jones
PayPal Takeover News: Stripe and Advent Offer More Than $53 Billion to Acquire PayPal
PayPal Takeover News: Stripe and Advent Make $53 Billion Acquisition Offer PayPal Takeover News is making headlines after reports revealed that payments giant Stripe and private equity firm Advent International have jointly offered to acquire PayPal in a deal worth more than $53 billion. The reported proposal values PayPal at $60.50 per share, representing a...
News
Canada Wildfire Smoke Spreads Across Midwest and East: Air Quality Alerts Issued as Millions Face Health Risks
Canada Wildfire Smoke Moves Across the Midwest and East Canada Wildfire Smoke is once again impacting millions of people across the United States as thick plumes from ongoing Canadian wildfires drift into the Midwest and Eastern states. Weather agencies are warning that deteriorating air quality could persist through the end of the week, prompting health...
Business
Today’s Economic Calendar: CPI Cools, Fed Chair Warsh Testifies – What It Means for Gold, US Dollar, Stocks & Bitcoin Today (July 15, 2026)
Today’s Economic Calendar: Why Markets Are Watching Closely Today’s Economic Calendar is packed with major U.S. events that could influence global financial markets. Following softer-than-expected inflation numbers, investors are now focused on Federal Reserve Chair Kevin Warsh’s testimony and speeches from other Fed officials for clues on future interest rate policy. Gold, the US Dollar,...
News
MLB All-Star Game 2026 Live Updates: American League Dominates as Baseball’s Biggest Stars Shine in Philadelphia
MLB All-Star Game 2026 Live Updates: American League Builds Early Lead The MLB All-Star Game 2026 Live Updates have delivered another exciting edition of baseball’s Midsummer Classic, with the American League taking control against the National League at Citizens Bank Park in Philadelphia. Featuring many of Major League Baseball’s biggest stars, the 96th MLB All-Star...
News
Daylight Saving Time Reform: House Passes Permanent Daylight Saving Time Bill as Trump Signals Support
Daylight Saving Time Reform: House Passes Bill to Make Daylight Saving Time Permanent Daylight Saving Time Reform has taken a significant step forward after the U.S. House of Representatives approved legislation that would make Daylight Saving Time (DST) permanent across most of the United States. The move comes as President Donald Trump publicly signaled his...
Finance
Gift Nifty Closing Today: Gift Nifty Ends at 24,031 After a Quiet Session — What It Signals for Nifty 50 Tomorrow
Gift Nifty Closing Today: Gift Nifty Ends at 24,031 After a Quiet Session The Gift Nifty Closing Today report shows that Gift Nifty settled at 24,031, gaining 16.5 points (+0.07%) during the session. Despite the modest rise, the index still ended about 21.05 points below Nifty 50’s previous close of 24,052.05, indicating a cautious undertone...