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U.S. GDP Surges 3.8% In Q2, Much More Than Previously Estimated
Revised data released by the Commerce Department on Thursday showed the U.S. economy unexpectedly grew by much more than previously estimated in the second quarter of 2025. The report said real gross domestic product spiked by 3.8 percent in the second quarter compared to the previously reported 3.3 percent surge. Economists had expected the pace of GDP growth to be unrevised.
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Před 4 dny
U.S. Durable Goods Orders Unexpectedly Rebound In August
After reporting a sharp pullback by new orders for U.S. manufactured durable goods over the two previous months, the Commerce Department released a report on Thursday unexpectedly showing a significant rebound by durable goods orders in the month of August. The Commerce Department said durable goods orders shot up by 2.9 percent in August after tumbling by a revised 2.7 percent in July.
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Před 4 dny
Starbucks To Close Coffeehouses, Cut 900 Jobs In $1 Bln Restructuring
As part of its "Back to Starbucks" strategy, Coffee giant Starbucks Corp. Thursday announced a $1 billion restructuring plan involving the closure of select coffeehouses and around 900 job cuts. In a filing with the U.S. Securities and Exchange Commission, the company said it estimates the $1 billion restructuring charges to be related to the store closures, support organization transformation,
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Před 4 dny
U.S. Weekly Jobless Claims Unexpectedly Decrease To Two-Month Low
A report released by the Labor Department on Thursday unexpectedly showed an extended pullback by first-time claims for U.S. unemployment benefits in the week ended September 20th. The Labor Department said initial jobless claims fell to 218,000, a decrease of 14,000 from the previous week's revised level of 232,000. Economists had expected jobless claims to inch up to 235,000.
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Před 4 dny
Swiss National Bank Pauses Policy Easing
The Swiss National Bank left its policy rate unchanged after easing for six straight meetings as higher US trade tariff dampened the economic outlook amid weak inflation.
The SNB retained its policy rate unchanged at zero percent, as widely expected. Banks' sight deposits held at the SNB will be remunerated at the SNB policy rate up to a certain threshold.
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Před 4 dny
U.S. GDP Surges Much More Than Previously Estimated In Q2
Revised data released by the Commerce Department on Thursday showed the U.S. economy unexpectedly grew by much more than previously estimated in the second quarter of 2025.
RTTNews
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Před 4 dny
U.S. Durable Goods Orders Unexpectedly Surge 2.9% In August
After reporting a sharp pullback by new orders for U.S. manufactured durable goods over the two previous months, the Commerce Department released a report on Thursday unexpectedly showing a significant rebound by durable goods orders in the month of August.
RTTNews
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Před 4 dny
more news
U.S. Weekly Jobless Claims Unexpectedly Decrease
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits unexpectedly declined in the week ended September 20th.
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Před 4 dny
Bay Street Likely To Open On Mixed Note
Canadian shares are likely to see a mixed start Thursday morning, with investors tracking the trend in the commodities market and a slew of U.S. economic data, including reports on second quarter GDP and Personal Consumption & Expenditure.
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Před 4 dny
Eurozone Bank Lending Growth Rises In August
Lending to Eurozone households and non-financial corporates grew at a faster pace in August as declining interest rates supported demand, data from the European Central Bank showed Thursday. Annual growth in adjusted loans to households rose to 2.5 percent from 2.4 percent in July. This was the strongest growth since March 2023.
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Před 4 dny
FTSE 100 Down 0.4% At Noon; Convatec Declines Sharply
U.K. stocks are down in negative territory on Thursday, in line with other major markets in Europe, with investors awaiting some key economic data from the U.S. later in the day.
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Před 4 dny
CAC 40 Drifts Lower In Cautious Trade
French stocks are down in negative territory on Thursday, extending losses from the previous session, as investors remain cautious ahead of key U.S. economic data, including reports on second-quarter GDP, and PCE report for the second quarter.
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Před 4 dny
French Consumer Confidence Remains Unchanged
France's consumer sentiment remained unchanged at a low level in September amid political uncertainty, monthly survey data from the statistical office INSEE showed on Thursday. The consumer confidence index held steady at 87 in September and also matched expectations.
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Před 4 dny
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