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Dollar Fails To Hold Early Gains, Loses Ground Against Some Major Counterparts
After climbing higher Thursday morning following data showing a bigger than expected increase in U.S. consumer price inflation in the month of September, the U.S. dollar retreated and shed ground against most of its major counterparts.
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vor 1035 Tagen
Swiss Market Ends Modestly Higher
The Switzerland stock market ended modestly higher on Thursday, recovering well after suffering a sharp setback around mid afternoon.
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vor 1035 Tagen
European Stocks Stage Dramatic Recovery, Close Notably Higher
European stocks plunged sharply Thursday afternoon after data showing a bigger than expected increase in U.S. consumer price inflation raised concerns about more aggressive rate hikes by the Fed, but rebounded swiftly and ended the session with strong gains.
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vor 1035 Tagen
Dollar Advances As Hot U.S. Inflation Data Boosts Rate Hike Bets
The U.S. dollar gained ground against its most major counterparts in the European session on Thursday, as the nation's consumer prices increased more than expected in September, intensifying expectations for another 75-basis point rate hike by the Federal Reserve in November.
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vor 1036 Tagen
Canadian Shares Rising Sharply In Late Morning Trade
The Canadian market is up firmly in positive territory Thursday morning, led by gains in energy stocks.
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vor 1036 Tagen
Patterson Cos. Promotes CFO Don Zurbay To Replace Mark Walchirk As President And CEO
Patterson Companies, Inc. (PDCO) announced that its Board of Directors has appointed Don Zurbay, most recently Chief Financial Officer, as President and Chief Executive Officer. Zurbay has also been elected to the Board.
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vor 1036 Tagen
U.S. Consumer Prices Rise More Than Expected, Core Price Growth Reaches 40-Year High
Consumer prices in the U.S. increased by more than expected in the month of September, according to a highly anticipated report released by the Labor Department on Thursday. The Labor Department said its consumer price index rose by 0.4 percent in September after inching up by 0.1 percent in August.
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vor 1036 Tagen
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U.S. Jobless Claims Inch Up Slightly More Than Expected To 228,000
A report released by the Labor Department on Thursday showed a modest increase in first-time claims for U.S. unemployment benefits in the week ended October 8th. The Labor Department said initial jobless claims rose to 228,000, an increase of 9,000 from the previous week's unrevised level of 219,000. Economists had expected jobless claims to inch up to 225,000.
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vor 1036 Tagen
Keurig Dr Pepper Conducts Strategic Realignment Of Supply Chain Structure
Beverage company Keurig Dr Pepper, Inc. (KDP) announced Thursday a strategic realignment of its supply chain structure, designed to strengthen focus, speed and accountability at the Business Unit level, while accelerating productivity across the enterprise.
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vor 1036 Tagen
U.S. Weekly Jobless Claims Inch Up To 228,000
A report released by the Labor Department on Thursday showed a modest increase in first-time claims for U.S. unemployment benefits in the week ended October 8th.
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vor 1036 Tagen
U.S. Consumer Prices Rise More Than Expected In September
Consumer prices in the U.S. increased by more than expected in the month of September, according to a highly anticipated report released by the Labor Department on Thursday.
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vor 1036 Tagen
Dollar Climbs Following U.S. CPI
At 8:30 am ET Thursday, U.S. weekly jobless claims for the week ended October 8 and consumer inflation data for September have been released. After these data, the greenback advanced against its major rivals.
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vor 1036 Tagen
Dollar Falls Ahead Of U.S. CPI
At 8:30 am ET Thursday, U.S. weekly jobless claims for the week ended October 8 and consumer inflation data for September are due. Ahead of these data, the greenback dropped against its major rivals.
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vor 1036 Tagen
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