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Forex News
U.S. Jobless Claims Unexpectedly Edge Down To Three-Month Low
First-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended January 7th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 205,000, a decrease of 1,000 from the previous week's revised level of 206,000.
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853 days ago
U.S. Annual Consumer Price Growth Slowest Since October 2021
A highly anticipated report released by the Labor Department on Thursday showed a modest decrease in U.S. consumer prices in the month of December. The Labor Department said its consumer price index edged down by 0.1 percent in December after inching up by 0.1 percent in November. Economists had expected consumer prices to come in unchanged.
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853 days ago
Starbucks Corporate Employees To Return To Office At Least 3 Days A Week
Starbucks corporate employees are asked to return to the office a minimum of three days a week by the end of January to rebuild and revive the energy of its headquarters and regional offices, CEO Howard Schultz said. In a memo to employees, Schultz wrote that starting January 30, employees within commuting distance need to report to the Seattle headquarters on Tuesdays, Wednesdays and a third day
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853 days ago
Bay Street Likely To Open On Positive Note
Data showing a drop in U.S. consumer price inflation, higher crude oil and gold prices, and positive lead from European markets point to a firm start for the Canadian market on Thursday.
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853 days ago
U.S. Weekly Jobless Claims Edge Slightly Lower
First-time claims for U.S. unemployment benefits edged slightly lower in the week ended January 7th, according to a report released by the Labor Department on Thursday.
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853 days ago
U.S. Consumer Prices Edge Down 0.1% In December, Annual Growth Slows
A highly anticipated report released by the Labor Department on Thursday showed a modest decrease in U.S. consumer prices in the month of December. The Labor Department said its consumer price index edged down by 0.1 percent in December after inching up by 0.1 percent in November.
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853 days ago
Dollar Retreats Following U.S. CPI
U.S. CPI for December and weekly jobless claims for the week ended January 7 have been released at 8.30 am ET Thursday. After the data, the greenback eased against its major counterparts.
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853 days ago
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Dollar Mixed Ahead Of U.S. CPI
U.S. CPI for December and weekly jobless claims for the week ended January 7 are due at 8.30 am ET Thursday. Ahead of the data, the greenback traded mixed against its major counterparts. While it held steady against the franc, it fell against the yen and the euro. Against the pound, it rose.
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853 days ago
BigBear.ai Inks 10-Year Multiple Award $900 Million IDIQ Contract With US Air Force
BigBear.ai Holdings, Inc. (BBAI), a provider of AI-powered analytics and cyber engineering solutions, announced Thursday it has been awarded a multiple award $900 million Indefinite Delivery/Indefinite Quantity (IDIQ) contract by the U.S. Air Force.
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853 days ago
Eurozone Consumer Inflation Expectations Ease: ECB
Euro area consumers' inflation expectations eased in January, warranting slower pace of tightening from the European Central Bank. Consumer price inflation prediction for one-year ahead slowed to 5.0 percent from 5.4 percent, and that for three years ahead eased marginally to 2.9 percent from 3.0 percent, the latest Consumer Expectations Survey from the ECB showed Thursday.
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853 days ago
Virgin Orbit Launches Internal Probe On Root Cause Of Failed Mission
Space launch systems provider Virgin Orbit Holdings. Inc. (VORB), founded by Sir Richard Branson, announced Thursday that preliminary analysis of data from the "Start Me Up" mission has begun to shed light on the outcome of the January 9 flight and next steps to follow.
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854 days ago
Why Are Companies In Germany Finding It More Difficult To Get Loans?
As banks raise interest rates and tighten the credit standards for loans, the number of German companies finding it more difficult to obtain loans are rising in an economy that is likely to undergo a mild recession this year, an ifo Institute survey showed Thursday.
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854 days ago
Bank Of Japan To Review Side Effects Of Ultra Easing In Next Week's Policy Session: Report
The Bank of Japan is set to review the side-effects of its massive monetary easing during the policy session on January 17 and 18, and may make additional policy adjustments to correct the distortions in the yield curve, the Yomiuri Shimbun newspaper reported Thursday, without citing sources.
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854 days ago
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