Browsing: Business

– Costco has increased the online retail price of its Kirkland Signature full synthetic motor oil to $57.99 for a 10-quart case. This package includes two 5-quart bottles and spans several common viscosity grades. Additionally, the retailer has introduced a

– U.S. stocks ended lower Monday as declines in artificial intelligence and semiconductor shares weighed on major indexes. The S&P 500 fell 0.5% to 7,619.98. The Dow Jones Industrial Average lost 152.09 points, or 0.3%, to 52,421.20. The Nasdaq Composite

– On Monday, the U.S. Treasury 10-year benchmark yield surged briefly past 5%, reaching a level last observed in October 2023. Prior to this, the yield had not surpassed 5% since 2007. It subsequently retreated, with the official Treasury curve

Prime Minister Mark Carney reaffirmed Ottawa’s commitment to expanding local industrial production and mitigating vulnerabilities in global supply chains amid rising tensions with Washington. During an executive roundtable, Carney underscored the importance of regulatory reforms and financial incentives aimed at

– Brent crude stayed above the $100 mark per barrel on Friday amid ongoing supply disruptions that continue to tighten the global oil market. By 0555 GMT, Brent futures traded at $105.62 per barrel, reflecting a 1.9% decrease from the

– U.S. stocks extended their decline Wednesday after a sharp selloff pushed the Dow Jones Industrial Average down 628 points Tuesday. The Dow fell another 0.77% to 52,381.02, while the S&P 500 lost 0.48%. The Nasdaq Composite declined 0.64% as

Treasury yields stabilized in subdued trading as fixed-income markets weighed U.S. Treasury Secretary Scott Bessent’s fiscal management strategy against broader macroeconomic headwinds. Despite recent liquidity support through doubled long-end Treasury buybacks, long-term borrowing costs remained elevated near multi-decade peaks amid

– On September 5, the U.S. saw diesel prices soar to a fresh all-time high of $5.8819 per gallon, marking a significant nationwide escalation. This increase extends a sharp upward trend, with the previous year’s average at $3.7123 per gallon.

Weakening North American retail demand dragged Lululemon Athletica Inc.’s fiscal second-quarter 2026 net revenue down 4% year-over-year to $2.42 billion, missing the $2.46 billion consensus target. While headline diluted earnings per share of $2.92 topped market projections, the outperformance was

– Gold increased by more than 1% on Thursday, rebounding from its lowest point in over three weeks. The spot price of gold rose 1.1% to $4,434.70 per ounce by 04:25 GMT. Meanwhile, U.S. gold futures climbed 1.5% to reach