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Swiss Market Ends Lower Again As Growth Worries Weigh
The Switzerland stock market ended on a weak note on Thursday, extending losses from the previous session, as rising worries about slowing global economic growth continued to weigh on sentiment.
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vor 1049 Tagen
European Stocks Close Lower On Growth Worries
European stocks closed lower on Thursday as investors continued to react to hotter-than-expected U.S. inflation data, which has raised expectations that the Fed might aggressively hike rates in the coming months.
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vor 1049 Tagen
Philippine Central Bank Unexpectedly Raises Key Interest Rate
The Philippines' central bank raised its key interest rate in a surprise move on Thursday to curtail broadening inflationary pressures, as policymakers assessed that the strong rebound in the domestic economy this year can tolerate further tightening of monetary policy.
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vor 1050 Tagen
U.S. Producer Prices Jump 1.1% In June, More Than Expected
A report released by the Labor Department on Thursday showed U.S. producer prices increased by more than expected in the month of June. The Labor Department said its producer price index for final demand jumped by 1.1 percent in June after climbing by an upwardly revised 0.9 percent in May.
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vor 1050 Tagen
U.S. Jobless Claims Unexpectedly Inch Up To Nearly Eight-Month High
First-time claims for U.S. unemployment benefits unexpectedly inched higher in the week ended July 9th, according to a report released by the Labor Department on Thursday. The report showed initial jobless claims crept up to 244,000, an increase of 9,000 from the previous week's unrevised level of 235,000.
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vor 1050 Tagen
Canadian Dollar Drops As Oil Prices Tumble On Concerns Over Steep Fed Rate Hike
The Canadian dollar lost ground against its key counterparts during the European session on Thursday, as oil prices plunged on fears over a super-sized rate hike from the Federal Reserve to tame inflation and risks of a potential recession.
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vor 1050 Tagen
Amazon Delivers Biggest Prime Day Event Ever
Amazon.com, Inc. (AMZN) announced Thursday that prime members purchased more than 300 million items worldwide during Prime Day 2022, making this year's event the biggest Prime Day event in Amazon's history. Prime members saved over $1.7 billion, more than any previous Prime Day event.
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vor 1050 Tagen
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RealNetworks CFO Christine Chambers To Leave; Brian McClain Named Interim CFO
RealNetworks, Inc. (RNWK) announced Thursday that CFO Christine Chambers will be leaving the company on July 31, 2022 to pursue another opportunity.
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vor 1050 Tagen
GM, Pilot Co. Collaborate To Build National DC Fast Charging Network
General Motors Co. (GM) and Pilot Co. (Pilot and Flying J) announced Thursday that they are collaborating on a national DC fast charging network that will be installed, operated and maintained by EVgo through its eXtend offering.
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vor 1050 Tagen
U.S. Weekly Jobless Claims Unexpectedly Edge Higher
First-time claims for U.S. unemployment benefits unexpectedly inched higher in the week ended July 9th, according to a report released by the Labor Department on Thursday.
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vor 1050 Tagen
U.S. Producer Price Index Jumps More Than Expected In June
A report released by the Labor Department on Thursday showed U.S. producer prices increased by more than expected in the month of June. The Labor Department said its producer price index for final demand jumped by 1.1 percent in June after climbing by an upwardly revised 0.9 percent in May.
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vor 1050 Tagen
Bay Street Likely To Open On Negative Note
Sharply lower commodity prices and weak European markets point to a negative start for the Canadian market on Thursday.
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vor 1050 Tagen
Conagra Brands Guides FY23 Adj. EPS Below Estimates - Update
While reporting financial results for the fourth quarter on Thursday, branded food company Conagra Brands, Inc. (CAG) initiated its adjusted earnings and organic net sales growth guidance for the full-year 2023.
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vor 1050 Tagen
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