Business
– The U.S. stock bull market entered its fifth year Monday after completing four years of gains. The S&P 500 has advanced about 119% from its Oct. 12, 2022 bear-market closing low, based on Truist analysis. The benchmark finished that
Global equity markets experienced a notable resurgence as investors returned to riskier assets at the end of the trading week. Financial data confirmed that US and European stocks close higher as bond yields ease, reversing a downward trend triggered by
– Gold prices moved higher on Monday as markets absorbed weaker U.S. employment data and a firmer dollar. Spot gold rose 0.6% to $4,165.49 an ounce by 0901 GMT. U.S. gold futures for December delivery gained 0.8% to $4,194.60. The
– The U.S. Treasury Department will auction $119 billion of notes and bonds next week across three consecutive sales. The schedule starts Tuesday, Oct. 6, with $58 billion of three-year notes. Treasury will follow with $39 billion of 10-year notes
The International Monetary Fund said artificial intelligence is reshaping investment, productivity and labor markets while creating new challenges for economic policymakers. The IMF’s 2026 Annual Report said AI-related technology investment added an estimated 0.5 percentage point to U.S. GDP growth
The International Monetary Fund said artificial intelligence is reshaping investment, productivity and labor markets while creating new challenges for economic policymakers. The IMF’s 2026 Annual Report said AI-related technology investment added an estimated 0.5 percentage point to U.S. GDP growth
Oil prices dropped sharply Monday as Brent crude closed at its lowest level in nearly two weeks. November Brent settled at $100.34 a barrel, losing $3.53, or 3.4%. October West Texas Intermediate fell $4.52, or 4.51%, to $95.78 a barrel.
India warned Washington that proposed tariffs on countries purchasing Russian crude oil could harm bilateral relations and disrupt global commodity trade. The statement followed the passage of the Sanctioning Russia and Iran Act of 2026 by the United States House
U.S. stocks closed lower Wednesday after the Federal Reserve raised interest rates by 25 basis points. The increase lifted the federal funds target range to 3.75% to 4.00%. The Dow Jones Industrial Average fell 631.21 points, or 1.21%, to 51,461.90.
The U.S. dollar climbed to a seven-week high on Thursday after the Federal Reserve raised interest rates for the first time in more than three years. The dollar index reached 100.36 against its major peers after gaining 0.7% overnight. That
The Federal Reserve concluded its scheduled two day monetary policy meeting on Wednesday, maintaining its key interest rate benchmark target range while releasing updated quarterly economic projections. The decision by the Federal Open Market Committee reflects ongoing evaluations of national
Costco has raised the online price of its Kirkland Signature full synthetic motor oil to $57.99 for a 10-quart case. The package contains two 5-quart bottles and comes in several common viscosity grades. Costco now limits members to one transaction
– Firefighters raised containment of the Bike Fire to 81% after the wildfire forced evacuations in Santa Clarita north of Los Angeles. The blaze burned about 172 acres near Cambria Estates Lane and Ravenhill Road in the Sand Canyon area.
– A 45-year-old man killed eight people at a home in Erie, Pennsylvania, before apparently killing himself, police said. The Friday shooting left nine people dead in total, including the gunman. The victims included a pregnant woman, a 5-year-old boy
– U.S. school book bans affected Canadian authors Margaret Atwood and Ryan North during a record year for removals. PEN America recorded 11,982 bans during the 2025-26 school year, its highest annual total since tracking began in 2021. The group
WASHINGTON, D.C. / RankWire.AI / – The U.S. Supreme Court has heard arguments in a major climate lawsuit brought by Boulder, Colorado. The dispute asks whether federal law blocks state-law claims over alleged harms tied to interstate and international greenhouse
– Southern California’s prolonged October heat wave pushed downtown Los Angeles to 101°F on Tuesday. The reading extended an extraordinary run of triple-digit temperatures. It marked a fifth straight day at or above 100°F in downtown Los Angeles. The National
– A tropical disturbance in the southwestern Gulf has an 80% chance of developing within 48 hours, according to the National Hurricane Center. The system, designated Invest AL92, was producing disorganized showers and thunderstorms early Tuesday. Forecasters said a tropical
The foreign exchange market recorded strong upward momentum as the US dollar hits 17-month high benchmarks, climbing to a 102.08 index rating and securing its third consecutive weekly gain. According to international market reports published by the Emirates News Agency, the
Luxury
MENA Newswire News Desk: The personal luxury goods market, long seen as resilient against economic uncertainty, is witnessing a significant contraction for the first time since the Great Recession. According to Bain & Company’s annual luxury report, global sales are
Rolex introduces the latest addition to its esteemed collection with the unveiling of the new Oyster Perpetual Rolex Deepsea model. Breaking tradition, this iteration marks the first-ever presentation of the divers’ watch in 18 ct yellow gold. Sporting a distinctive 60-minute
The Rolex Oyster Perpetual Day-Date, a beacon of horological prestige, marries the elegance of 18 ct gold or 950 platinum with groundbreaking innovation. Since its launch in 1956, it has stood out as the first wristwatch to display both the date and
The 53rd edition of the Watch & Jewellery Middle East Show, unveiled its treasures on January 31st in Sharjah. This prestigious event, a collaboration between Expo Centre Sharjah and the Sharjah Chamber of Commerce and Industry, has become a beacon for luxury connoisseurs worldwide,
Porsche, the renowned sports car manufacturer, has teamed up with Frauscher Shipyard to unveil the 850 Fantom Air, their inaugural electric sports boat. Powering this maritime marvel is the drive technology slated for Porsche’s upcoming all-electric Macan. International media and enthusiasts recently
The Rolex GMT-Master II is making waves with its two latest versions – one in yellow Rolesor, a blend of Oystersteel and yellow gold, and another in 18 ct yellow gold. These timepieces debut a groundbreaking grey-black Cerachrom bezel insert, redefining the
In the world of luxury watchmaking, certain introductions set the bar higher. The Aquanaut Luce Annual Calendar Reference 5261R-001 is just that – a testament to Patek Philippe’s continued commitment to pushing the boundaries of innovation while maintaining an elegant touch. The
In the picturesque heart of Switzerland, the rhythm of innovation beats strong within Audemars Piguet’s walls. The legendary Swiss watchmaker brings forth yet another symphony of design: a novel rendition of their Royal Oak Offshore Music Edition, initially birthed to the world in
In the vast universe of luxury brands, Rolex occupies a unique celestial body, twinkling with prestige, precision, and timeless allure. It’s a name that, for over a century, has been synonymous with excellence in watchmaking. While many brands have come and gone,
The Rock, an egg-sized white diamond billed as the largest of its kind to be auctioned, sold for more than CHF21.6 million ($21.75 million), including fees – at the low end of what Christie’s expected. As reported by AP, the
Swiss watchmaker Montres Etoile announced the launch of its first complication, an automatic, tri-retrograde, Islamic Lunar and Gregorian Dual – calendar timepiece with moon face. This complicated wristwatch based on an automatic Swiss made movement is completed by a complication
La Lu gourmet chocolates, delightfully delicious creations fashioned from the finest ingredients in Italy intended to satiate the most discerning of tastes, luxuriously smooth in finish and ultra-refined in texture, crafted into a fascinating array of products is now available
Braun, the one-of-a-kind brand celebrating its 100 years in 2021, has entered a unique collaboration with the Chief Creative Officer and Founder of Off-White and Artistic Director of Louis Vuitton Menswear, Virgil Abloh. Today, the design leaders unveil their “functional
Hublot, has introduced a limited edition Big Bang e connected Premier League watch, a new evolution of its connected Big Bang with a dedicated application, new dial and new strap, in purple, the iconic color of the Premier League. The
The Breitling Premier Norton Edition is a potent representation of a partnership between two iconic brands that share intriguingly similar timelines and powerful legacies. The watch expresses the style and performance expected from a maker of refined Swiss watches and
Lifestyle
TOKYO, November 13, 2025: Apple and ISSEY MIYAKE have announced a new collaboration called iPhone Pocket, a 3D-knitted wearable accessory designed to hold an iPhone and other small items. The product, which combines the Japanese fashion brand’s textile innovation with Apple’s design precision,
Fresha, a leading global booking platform for lifestyle services, announced today that it has secured a $31 million investment from JP Morgan to enhance its machine learning and AI-driven robotics capabilities. This financial backing will enable Fresha to innovate further
Adidas Originals and Highsnobiety, a prominent platform in fashion, design, and culture, have announced the launch of their limited-edition HIGHArt Campus sneaker. This collaboration represents a fusion of art and style, as Highsnobiety’s HIGHArt, an online showcase of products and stories, inspires
In a world where we are inundated with options for almost everything, the name Starbucks stands out as the epitome of coffee culture, connecting billions of people across diverse geographies. How did a single coffeehouse chain from Seattle gain the global notoriety
On August 23, which would have been Kobe Bryant’s birthday, Nike released a revamped classic: the Kobe 8 Protro Halo. This shoe isn’t just another pair of kicks — it’s a tribute to a basketball legend and his “Black Mamba” identity. The release was
Fashion is not merely an industry, but a reflection of society’s heartbeat at any given point in history. From the streets of Paris to the runways of Milan, fashion is a universal language spoken with fabrics, patterns, and trends. But
Global Sports Brand Targets Goal of $3 Billion
/ U.S. Polo Assn., the official brand of the United States Polo Association (USPA), has launched its iconic, sport-inspired Spring-Summer Collection for 2023. The brand’s global photo shoot took place in historic Santa Barbara, Calif., known for its spectacular weather, beautiful vineyards,
The world’s most immersive mega-coaster, Mission Ferrari, will debut at Ferrari World Abu Dhabi on 12th January, 2023. As a result of this new addition, the World’s Leading Theme Park will offer even more Ferrari-inspired rides and attractions for adults
Southern California interior designer and popular lifestyle influencer Becki Owens has launched her home furnishings line, Becki Owens Living beckiowensliving.com. Owens created this custom collection of over 1000 pieces across 40 categories – from furniture to lighting to home décor
To celebrate the indescribable drive and competitive spirit of all athletes and fans, Apple launched the International Collection bands for Apple Watch, featuring 22 limited-edition Sport Loop bands with colorful designs that represent those nations across the globe. Each band
The talented team of watchmakers and designers at OLTO-8 just launched a unique mechanical watch for those who seek individuality and bold style. The motorsport inspired Infinity II watch boasts superb craftsmanship, precise timekeeping and iconic design. This stunning new
Casio Computer Co., Ltd. announced the release of four new GST-B400 watches, the latest additions to the G-SHOCK family of shock-resistant watches. The new watches boast the slimmest*1 profile of any in the G-STEEL series, which is known for using
The LEGO Group has taken the covers off a new LEGO version of one of the most coveted nameplates in automotive history, with the unveiling of the two-in-one LEGO Porsche 911 Turbo and 911 Targa set that brings together two
Halal cosmetics market is projected to grow through to 2028 according to the 2021 Global Industry Research Report that provides market size, industry growth, share, development trends, investment plans, business ideas and forecasts by 2028. Scenarios and useful business decisions.