Business

Africa must stop exporting raw materials, says AfCFTA

AfCFTA coordinator urges Africa to stop exporting raw materials and focus on value addition for industrialisation and economic growth. Read More: https://punchng.com/africa-must-stop-exporting-raw-materials-says-afcfta/

Traders Gird for More S&P 500 Volatility as Marco Risks Rise

For months, the S&P 500 Index has remained idle, despite stomach-churning swings in individual sectors that largely canceled each other out. But traders are positioning for the setup to start changing soon.

BP Puts Its North Sea Drilling Business Up for Sale

The plans are part of the energy giant’s efforts to streamline operations, but BP has deep roots in the region.

Fed dissenters warn of challenges in taming inflation

Three rate-setters rebelled against US central bank’s majority decision to hold rates steady this week

Chip Rebound, Amazon Results Bolster Stock Rally | Bloomberg Brief 07/31/26

US equity futures gain after chipmakers including Samsung and SK Hynix rebounded and Amazon posted strong earnings. The Bank of Japan keeps its policy rate unchanged following a currency intervention, which strengthened the yen against the…

Fed officials who voted to hike rates say action is needed now against inflation

Mozambique: Labor Disputes Result in Payment of About 6.8 Million Meticais

[AIM] Maputo -- The resolution of disputes between workers and employers, during the first half of 2026, resulted in payment of approximately 6.8 million meticais (106,500 US dollars at the current exchange rate) to 256 Mozambican workers.

Inflation Worries Prompted Fed Officials to Dissent on Holding Rates Steady

Internal divisions over whether to raise interest rates intensified at Kevin Warsh’s second meeting as chairman of the Federal Reserve.

BTS are back: return of K-pop superstars sparks US economic boom

Cities in North America hosting 14 concerts in August and September – and economic impact is set to be significant BTS’s “Army” fanbase is descending on New York this weekend as the K-pop supergroup continues their first world tour after a…

Beyond Trump Account S&P 500 fund: How to increase odds of lifetime financial security for children

Trump Accounts are a good start to set children on the path to financial success, but there are additional investment moves that can make a big difference.

Texas Stock Exchange Heralds Debut With Sights on NYSE, Nasdaq

The Texas Stock Exchange has rolled out trading for all tickers as the upstart venue steps up its drive to win business from Nasdaq and the New York Stock Exchange.

ExxonMobil, Chevron Steer Windfall Profits Into Debt Reduction

ExxonMobil Holdings Corp. and Chevron Corp. plowed blowout profits into debt reduction rather than huge buyback increases in a sign of Big Oil’s caution about how long war-driven price rallies will last.