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U.S. Jobless Claims Rise More Than Expected To 215,000
First-time claims for U.S. unemployment benefits rose by more than expected in the week ended February 24th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 215,000, an increase of 13,000 from the previous week's revised level of 202,000. Economists had expected jobless claims to rise to 210,000.
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Medtronic Files Complaint Against Axonics With US ITC For Two Patent Infringements
Healthcare technology company Medtronic plc (MDT) announced Thursday it filed a complaint with the U.S. International Trade Commission (ITC), along with a parallel action in U.S. District Court for the District of Delaware, to block Axonics, Inc. (AXNX) from improperly importing and selling products that infringe two Medtronic patents related to the MRI compatibility of implantable medical devices.
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German Inflation Lowest Since June 2021
Germany's consumer price inflation eased further in February to its lowest level in over two-and-a-half years, while core inflation remained unchanged validating the European Central Bank's view that it is too early to think of cutting interest rates.
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Před 544 dny
UK Mortgage Approvals At 15-Month High
British mortgage approvals increased to a 15-month high at the start of the year, signalling that the impact of higher interest rates is fading in the property market. Mortgage approvals for house purchases rose to 55,200 in January from 51,500 in December, the Bank of England said Thursday. Approvals were the highest since October 2022.
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U.S. Consumer Prices Increase In Line With Estimates In January
A highly anticipated report released by the Commerce Department on Thursday showed consumer prices in the U.S. increased in line with economist estimates in the month of January.
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Před 544 dny
U.S. Dollar Retreats After PCE Data
The U.S. personal consumption expenditures price index for January has been released at 8:30 am ET Thursday. After the data, the greenback pulled back against its major counterparts.
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Před 544 dny
U.S. Weekly Jobless Claims Rise More Than Expected
First-time claims for U.S. unemployment benefits rose by more than expected in the week ended February 24th, according to a report released by the Labor Department on Thursday.
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Před 544 dny
more news
Conagra Brands To Divest Its 51.8% Ownership Stake In India-based Agro Tech Foods
Conagra Brands, Inc. (CAG) announced Thursday that one of its subsidiaries has entered into a definitive agreement with funds advised by Convergent Finance and Samara Capital to divest its 51.8% ownership stake in Agro Tech Foods Ltd.
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Před 544 dny
Bay Street Likely To See Some Wild Swings At Open
With a slew of Canadian earnings updates, Canadian GDP data and U.S. inflation readings in focus, Bay Street is likely to see a somewhat volatile start on Thursday.
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Před 544 dny
Marcus Q4 Net Loss Sharply Narrows
Marcus Corp. (MCS) reported on Thursday that net loss attributable to the company for the fourth quarter sharply narrowed to $1.44 million or $0.05 per share from $9.32 million or $0.30 per share in the prior-year quarter.
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Před 544 dny
German Unemployment Rises More Than Expected
Joblessness in Germany increased more than expected in February as the weaker economic activity started to hurt the labor market. The unemployment rate remained unchanged at 5.9 percent in February, data from the Federal Labor Agency showed Thursday. The rate was seen at 5.8 percent.
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Před 544 dny
Xometry Appoints James Miln To Succeed Jim Rallo As CFO
AI-powered marketplace Xometry, Inc. (XMTR) announced Thursday the appointment of James Miln as the company's new Chief Financial Officer, effective March 1, 2024.
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Před 544 dny
French Inflation Lowest In More Than 2 Years
France consumer price inflation eased to the lowest in more than two years in February, provisional data from the statistical office INSEE showed on Thursday. Consumer price inflation softened to 2.9 percent from 3.1 percent in the prior month. This was the lowest rate since December 2021, when inflation stood at 2.8 percent. Economists had forecast consumer prices to climb 2.7 percent.
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Před 544 dny
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