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Powell Reiterates Commitment To Aggressively Fighting Inflation
Federal Reserve Chair Jerome Powell reiterated the central bank's commitment to aggressively fighting inflation during remarks at the Cato Institute's 40th Annual Monetary Conference on Thursday. "We need to act now, forthrightly, strongly as we have been doing," Powell said. "And we have to keep at it until the job is done."
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vor 1006 Tagen
Sunset Farm Foods Recalls Sausage Products
Sunset Farm Foods, Inc. has recalled about 4,480 pounds of chicken and pork smoked sausage products for possible contamination with foreign matter, specifically thin blue plastic material, the U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS) said in a statement.
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vor 1006 Tagen
U.S. Jobless Claims Unexpectedly Edge Down To Three-Month Low
First-time claims for U.S. unemployment benefits unexpectedly showed a modest decrease in the week ended September 3rd, according to a report released by the Labor Department on Thursday. The report showed initial jobless claims edged down to 222,000, a decrease of 6,000 from the previous week's revised level of 228,000.
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vor 1006 Tagen
Uber Partners Nuro To Use Their Autonomous Electric Vehicles For Food Deliveries
Ride-hailing firm Uber Technologies, Inc. (UBER) and autonomous vehicle company Nuro, announced a multi-year partnership to use Nuro's autonomous electric vehicles for food deliveries in the United States.
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vor 1006 Tagen
ReWalk Robotics Appoints Michael Lawless As New CFO
Robotic medical technology firm ReWalk Robotics Ltd. (RWLK) announced Thursday the appointment of Michael Lawless as Chief Financial Officer, effective September 19, 2022.
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vor 1006 Tagen
QuickLogic Awarded $6.9 Mln Base Contract To Develop Technologies For DoD Requirements
Fabless semiconductor company QuickLogic Corp. (QUIK) announced Thursday it has been awarded a $6.9 million Base Contract, beginning this month, to develop and demonstrate Strategic Radiation Hardened (SRH), high reliability Field Programmable Gate Array (FPGA) technology to support identified and future Department of Defense (DoD) strategic and space system requirements.
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vor 1006 Tagen
U.S. Weekly Jobless Claims Unexpectedly Edge Down To 222,000
First-time claims for U.S. unemployment benefits unexpectedly showed a modest decrease in the week ended September 3rd, according to a report released by the Labor Department on Thursday.
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vor 1006 Tagen
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FuelCell Energy Q3 Results Top Estimates
Clean energy technology company FuelCell Energy, Inc. (FCEL) on Thursday reported a second-quarter net loss attributable to common stockholders of $30.21 million or $0.08 per share, sharply wider than $12.80 million or $0.04 per share in the prior-year quarter.
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vor 1006 Tagen
Higher Commodity Prices Pointing To Positive Start On Bay Street
The Canadian market is likely to open higher Thursday morning, tracking firm crude oil and bullion prices.
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vor 1006 Tagen
Indian Shares Rally On Oil Price Slide
Indian shares posted strong gains on Thursday, as oil extended losses on demand concerns, after having plunged to hit seven-month lows in the U.S. trading session overnight.
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vor 1006 Tagen
European Shares Mostly Higher As Focus Shifts To ECB, Powell
European stocks rose in cautious trade on Thursday, as investors await the ECB rate decision and an announcement on U.K. Prime Minister Liz Truss's energy bill support package later in the day.
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vor 1006 Tagen
FTSE 100 Gains As Markets Brace For Truss's Energy Plan
U.K. stocks rose on Thursday as investors await an announcement on Prime Minister Liz Truss's energy bill support package and the ECB rate decision later in the day.
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vor 1006 Tagen
CAC 40 Edges Higher Ahead Of Powell's Speech
French stocks eked out modest gains on Thursday as investors awaited a policy decision from the European Central Bank for directional cues.
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vor 1006 Tagen
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