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Dollar Rises Against Major Counterparts Ahead Of Jackson Hole Symposium
The U.S. dollar firmed against its major counterparts on Thursday, supported by data showing a drop in jobless claims, and hawkish comments from former St Louis Fed President James Bullard.
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vor 715 Tagen
Swiss Market Give Up Early Gains, Settles Flat
The Switzerland stock market started off on a firm note on Thursday, and despite staying firm till more than an hour past noon, gradually pared gains and eventually ended the day's session just marginally up.
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vor 716 Tagen
European Stocks Fail To Hold Early Gains, Close Broadly Lower
European stocks failed to hold early gains and settled lower on Thursday, facing stiff resistance at higher levels as investors turned a bit cautious ahead of the Jackson Hole Symposium.
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vor 716 Tagen
U.S. Dollar Advances As Initial Jobless Claims Fall; Powell's Speech In Focus
The U.S. dollar climbed against its major counterparts in the European session on Thursday, amid positive jobless claims data and hawkish comments from former St Louis Fed President James Bullard.
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vor 716 Tagen
U.S. Durable Goods Orders Plunge 5.2% In July Amid Sharp Pullback In Aircraft Demand
With aircraft demand pulling back sharply following recent strength, the Commerce Department released a report on Thursday showing new orders for U.S. manufactured durable goods tumbled by more than expected in the month of July. The Commerce Department said durable goods orders plunged by 5.2 percent in July after surging by a revised 4.4 percent in June.
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vor 716 Tagen
T-Mobile US Plans To Slash Workforce By Under 7% Or 5000 Positions
Telecom major T-Mobile US, Inc. (TMUS) announced Thursday in an email to its employees that it is planning to reduce the size of its workforce by just under 7 percent or 5,000 positions.
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vor 716 Tagen
U.S. Jobless Claims Unexpectedly Dip To 230,000
The Labor Department released a report on Thursday unexpectedly showing a modest decrease in first-time claims for U.S. unemployment benefits in the week ended August 19th. The report said initial jobless claims slipped to 230,000, a decrease of 10,000 from the previous week's revised level of 240,000.
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vor 716 Tagen
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U.S. Weekly Jobless Claims Unexpectedly Dip To 230,000
The Labor Department released a report on Thursday unexpectedly showing a modest decrease in first-time claims for U.S. unemployment benefits in the week ended August 19th.
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vor 716 Tagen
OSI Systems Guides FY24 Revenues Well Above Estimates - Update
While reporting financial results for the fourth quarter on Thursday, OSI Systems, Inc. (OSIS) initiated its adjusted earnings and revenue growth guidance for the full-year 2024.
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vor 716 Tagen
U.S. Durable Goods Orders Pull Back More Than Expected In July
With aircraft demand pulling back sharply following recent strength, the Commerce Department released a report on Thursday showing new orders for U.S. manufactured durable goods tumbled by more than expected in the month of July.
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vor 716 Tagen
Bay Street Likely To Open On Mixed Note
Canadian shares are likely to see a mixed start on Thursday with investors reacting to earnings updates from major banks, and upbeat results from U.S. chipmaker Nvidia.
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vor 716 Tagen
Akebia Therapeutics Expects To Resubmit NDA For Vadadustat NDA In Q3
Biopharmaceutical company Akebia Therapeutics, Inc. (AKBA) announced Thursday that the company expects to resubmit its New Drug Application (NDA) for vadadustat as a treatment for anemia due to chronic kidney disease in adult patients on dialysis by the end of the third quarter of 2023.
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vor 716 Tagen
Indonesia Central Bank Keeps Rate Unchanged
Indonesia's central bank kept the key interest rate unchanged for the seventh straight session as inflation is expected to remain within the target in the near-term. The Board of Governors of Bank Indonesia, led by Governor Perry Warjiyo, voted to hold the seven-day reverse repo rate at 5.75 percent.
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vor 716 Tagen
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