NetApp To Cut Workforce By About 8% Amid Restructuring

European Markets Close On Firm Note After ECB, BoC Rate Decisions

European markets closed on a firm note on Thursday after staying somewhat subdued till a little past noon. The BoE's 25-basis point rate cut, expectations of more monetary easing by the Fed after data showing a smaller-than-expected increase in CPI helped underpin sentiment.

RTTNews | Před 1 h 3 min

TSX Rises 1% As Technology, Financials Stocks Move Higher

Canadian stocks moved higher Thursday morning, after data showing a lower-than-expected US CPI reading raised hopes of more interest rate cuts by the Federal Reserve in the coming months.

RTTNews | Před 2 h 46 min

Philly Fed Index Unexpectedly Slumps Further Into Negative Territory In December

A report released by the Federal Reserve Bank of Philadelphia on Thursday unexpectedly showed a notable decrease by its reading on regional manufacturing activity in the month of December. The Philly Fed said its diffusion index for current general activity slumped to a negative 10.2 in December from a negative 1.7 in November, with a negative reading indicating contraction.

RTTNews | Před 3 h 13 min

U.S. Annual Consumer Price Growth Unexpectedly Slows In November

The annual rate of growth by consumer prices has unexpectedly slowed, according to data released by the Labor Department on Thursday. The Labor Department said consumer prices in November were up by 2.7 percent compared to the same month a year ago. The year-over-year price growth in November reflects a notable slowdown from the 3.0 percent surge in September.

RTTNews | Před 3 h 49 min

U.S. Jobless Claims Decrease Roughly In Line With Estimates

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits declined roughly in line with economist estimates in the week ended December 13th. The Labor Department said initial jobless claims fell to 224,000, a decrease of 13,000 from the previous week's revised level of 237,000. Economists had expected jobless claims to slip to 225,000.

RTTNews | Před 3 h 59 min