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Bank Of England Raises Key Rate Further To Tame Inflation
The Bank of England hiked its key rate for the eleventh consecutive session on Thursday as an unexpected rise in inflation outweighed concerns about the recent banking sector turbulence. The nine-member Monetary Policy Committee decided to lift the bank rate by 25 basis points to 4.25 percent. This was the highest rate since 2008.
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885 hari yang lalu
Pound Mixed After BoE Decision
The pound showed mixed performance against its major rivals in the European session on Thursday, after the Bank of England raised its benchmark rate by 25 basis points and signalled further tightening if there are signs of persistent price pressures.
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885 hari yang lalu
U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower
A report released by the Labor Department on Thursday unexpectedly showed a slight decrease by first-time claims for U.S. unemployment benefits in the week ended March 18th. The Labor Department said initial jobless claims slipped to 191,000, a decrease of 1,000 from the previous week's unrevised level of 192,000. Economists had expected jobless claims to rise to 201,000.
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885 hari yang lalu
United Natural Foods Says UNFI Retail CEO Michael Stigers To Resign
United Natural Foods, Inc. (UNFI) announced Thursday that Michael Stigers notified the company of his intention to resign from his position as Chief Executive Officer, UNFI Retail to pursue another professional opportunity.
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885 hari yang lalu
Norges Bank Lifts Key Rate By 25 Bps; Hints At More Tightening
Norway's central bank decided to raise its policy rate by 25 basis points to curb inflation amid the tight labor market conditions and hinted at another rate hike in May and beyond. Norges Bank's Monetary Policy and Financial Stability Committee on Thursday unanimously decided to lift the policy rate to 3.00 percent from 2.75 percent.
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885 hari yang lalu
Trupanion CFO Drew Wolff To Step Down Effective June 1
Trupanion, Inc. (TRUP) announced Thursday that Chief Financial Officer Drew Wolff will be stepping down from his position, effective June 1, 2023.
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885 hari yang lalu
Philippine Central Bank Hikes Rate For Ninth Straight Session
The Philippine central bank raised its benchmark rates for the ninth consecutive policy session to gain control over inflationary pressure emanating from strong domestic demand and lingering supply-side constraints. That said, the bank softened its pace of tightening given the stability in the currency.
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885 hari yang lalu
more news
U.S. Weekly Jobless Claims Unexpectedly Edge Down To 191,000
A report released by the Labor Department on Thursday unexpectedly showed a slight decrease by first-time claims for U.S. unemployment benefits in the week ended March 18th.
RTTNews
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885 hari yang lalu
Bay Street Likely To Open Slightly Higher
The Canadian market is likely to open higher on Thursday, tracking firm bullion prices.
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885 hari yang lalu
United Airlines, Archer To Launch First Air Taxi Route In Chicago
United Airlines and Archer Aviation Inc. announced plans to launch the first commercial electric air taxi route in Chicago, between O'Hare International Airport or ORD and Vertiport Chicago. As part of their urban air mobility or UAM network buildout, both companies will utilize Archer's electric vertical takeoff and landing or eVTOL aircraft in the new route.
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885 hari yang lalu
Pound Advances After BoE Decision
As expected, the Bank of England raised its key rate by 25 basis points to 4.25 percent from 4 percent. Following the decision, the pound rose against its major counterparts.
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885 hari yang lalu
FactSet Maintains FY23 Adj. EPS Outlook; Q2 Adj. EPS Tops View
While reporting financial results for the second quarter on Thursday, FactSet Research Systems, Inc. (FDS) maintained its adjusted earnings outlook for the full-year 2023, while trimming annual revenue guidance.
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885 hari yang lalu
Pound Mixed Ahead Of BoE Decision
The Bank of England's monetary policy announcement is due at 8:00 am ET Thursday. The BoE is widely expected to raise its key rate by 25 basis points to 4.25 percent from 4 percent.
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885 hari yang lalu
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