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U.S. Industrial Production Unexpectedly Edges Down 0.1% In October
Reflecting a continued slump in utilities output, the Federal Reserve released a report on Wednesday unexpectedly showing a modest decrease in U.S. industrial production in the month of October. The Fed said industrial production edged down by 0.1 percent in October following a revised 0.1 percent uptick in September.
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1003 일 전
Euro Firms As Geopolitical Tensions Recede
The euro was higher against its most major counterparts during the European session on Wednesday, as comments from U.S. President Joe Biden alleviated concerns over a missile strike in Poland, which killed two people.
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1003 일 전
U.S. Import Prices Show Modest Decrease In October
A report released by the Labor Department on Wednesday showed a modest decrease in U.S. import prices in the month of October. The Labor Department said import prices edged down by 0.2 percent in October after tumbling by a revised 1.1 percent in September.
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1003 일 전
U.S. Retail Sales Jump 1.3% In October, More Than Expected
Retail sales in the U.S. showed a significant increase in the month of October, according to a report released by the Commerce Department on Wednesday. The report showed retail sales surged by 1.3 percent in October after coming in unchanged in September. Economists had expected retail sales to jump by 1.0 percent.
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1003 일 전
TJX Cos. Promotes John Klinger To Succeed Scott Goldenberg As CFO
Off-price retailer TJX Companies, Inc. (TJX) announced Wednesday that John Klinger has been promoted to Executive Vice President, Chief Financial Officer effective January 29, 2023, the beginning of TJX's fiscal year.
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1003 일 전
U.S. Import Prices Dip Less Than Expected In October
A report released by the Labor Department on Wednesday showed a modest decrease in U.S. import prices in the month of October.
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1003 일 전
Loonie Mixed After Canada CPI
Canada consumer inflation for October has been released at 8:30 am ET Wednesday. After the data, the loonie traded mixed against its major counterparts. While the currency fell against the greenback, it advanced against the rest of major rivals.
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1003 일 전
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Dollar Rises Following U.S. Retail Sales
U.S. retail sales and import and export prices for October have been released at 8:30 am ET Wednesday. The greenback climbed against its major counterparts after the data.
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1003 일 전
U.S. Retail Sales Jump More Than Expected In October
Retail sales in the U.S. showed a significant increase in the month of October, according to a report released by the Commerce Department on Wednesday.
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1003 일 전
Target Q3 Results Miss Estimates, While TJX Adj. EPS Top Estimates
Discount retailer Target reported Wednesday that third-quarter net profit halved from last year, reflecting a 330 basis points drop in gross margins, driven primarily by markdowns in an increasingly challenging environment. Both earnings per share and quarterly revenues also missed analysts' estimates. The retailer also provided comparable sales guidance for the fourth quarter.
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1003 일 전
Loonie Mixed Ahead Of Canada CPI
Canada consumer inflation for October is due at 8:30 am ET Wednesday. Ahead of the data, the loonie traded mixed against its major counterparts. While the currency fell against the euro, it held steady against the rest of major rivals.
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1003 일 전
Dollar Steady Ahead Of U.S. Retail Sales
U.S. retail sales and import and export prices for October are due at 8:30 am ET Wednesday. Ahead of the data, the greenback held steady against its major counterparts.
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1003 일 전
Ford CEO Warns EVs To Cost Jobs; Urges To Produce More Parts In-house
Amid the speedy transition by automakers to electric vehicles, Ford CEO Jim Farley reportedly warned that EVs' production will result in significant job losses, but producing more parts in-house will help to mitigate this impact. While talking at an auto conference for the Rainbow Push Coalition in Detroit, Farley said EVs require 40 percent lesser workers than for producing cars and trucks power
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1003 일 전
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