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U.S. Core Consumer Price Growth Unexpectedly Slows In February

Core consumer price growth in the U.S. unexpectedly slowed in the month of February, according to a report released by the Commerce Department on Friday. The report said core consumer prices, which exclude food and energy prices, jumped 4.6 percent year-over-year in February.

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Eurozone Inflation Falls To 13-Month Low On Energy Prices

Eurozone inflation eased more than expected to the lowest level in more than a year in March driven by the fall in energy prices but the core figure edged up to a new record to keep the pressure on the European Central Bank to tighten its policy further. Consumer prices advanced 6.9 percent on a yearly basis in March, slower than the 8.5 percent rise in February, flash estimate published by Eur

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Bay Street Seen Opening Slightly Higher

Canadian shares are likely to open higher Friday morning, tracking gains in European markets after data showed a drop in Eurozone inflation, and encouraging data from China.

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U.S. Dollar Climbs Ahead Of PCE Inflation Data

The U.S. dollar was higher against its major counterparts in the European session on Friday, as investors awaited the release of key U.S. inflation data later in the day that could influence the Fed's monetary policy path.

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Ford Raises Price Of F-150 Lightning Electric Pickup Again

Ford Motor Co. has once again raised the price of its popular F-150 Lightning electric pickup truck after the automaker resumed its production that was halted following electric vehicle battery fire incident. The company will also resume shipments of the Lightning this week, reports said.

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Distribution Solutions To Acquire His Co. For Up To $319 Mln

Specialty distribution company Distribution Solutions Group, Inc. (DSGR) announced Friday that it reached a definitive agreement to acquire HIS Co., Inc., a leading distributor of specialty products serving high growth industrial technology applications.

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Sensex Nifty Rally As Bank Worries Ease

Indian shares posted strong gains on Friday, the last day of fiscal 2022-23, as traders returned to their desks after a holiday the previous day for Sri Ram Navami.

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UK House Prices Fall Most Since 2009

UK house prices declined at the fastest pace since mid-2009 amid rising interest rates and high inflation dampening housing affordability, the Nationwide Building Society reported Friday. The annual fall in house prices deepened to 3.1 percent in March from 1.1 percent in February. This was the biggest annual decline since July 2009. Prices were forecast to drop 2.2 percent.

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