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U.S. Dollar Rebounds As Core PCE Inflation Picks Up

U.S. Dollar Rebounds As Core PCE Inflation Picks Up

The U.S. dollar rebounded against its major counterparts in the New York session on Friday, as stronger-than-expected core personal consumption expenditure price index for April strengthened expectations for another interest rate hike from the Federal Reserve.
RTTNews | Pred 730 dňami
U.S. Consumer Sentiment Deteriorates Less Than Previously Estimated In May

U.S. Consumer Sentiment Deteriorates Less Than Previously Estimated In May

Consumer sentiment in the U.S. deteriorated less than previously estimates in the month of May, according to revised data released by the University of Michigan on Friday. The report said the consumer sentiment index for May was upwardly revised to 59.2 from the preliminary estimate of 57.7. Economists had expected the index to be unrevised.
RTTNews | Pred 730 dňami
U.S. Consumer Price Growth Reaccelerates In April

U.S. Consumer Price Growth Reaccelerates In April

Consumer price growth in the U.S. reaccelerated in the month of April, according to a report released by the Commerce Department on Friday. The report said the annual rate of consumer price growth accelerated to 4.4 percent in April after slowing to 4.2 percent in March.
RTTNews | Pred 730 dňami
U.S. Durable Goods Orders Unexpectedly Continue To Surge In April

U.S. Durable Goods Orders Unexpectedly Continue To Surge In April

A report released by the Commerce Department on Friday unexpectedly showed a continued surge in new orders for U.S. manufactured durable goods in the month of April. The Commerce Department said durable goods orders jumped by 1.1 percent in April after spiking by 3.3 percent in March.
RTTNews | Pred 730 dňami
Novavax Says Nuvaxovid Recommended For Full Marketing Authorization For COVID In EU

Novavax Says Nuvaxovid Recommended For Full Marketing Authorization For COVID In EU

Biotechnology company Novavax, Inc. (NVAX) announced Friday that Nuvaxovid (NVX-CoV2373) has been recommended for full Marketing Authorization (MA) for use as a primary series in individuals aged 12 and older and as a booster in individuals aged 18 and older for the prevention of COVID-19 in the European Union (EU).
RTTNews | Pred 730 dňami
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Elon Musk's Neuralink Gets FDA Approval For Human Trials

Elon Musk's Neuralink Gets FDA Approval For Human Trials

Elon Musk's brain implant firm Neuralink said it has received the approval from the U.S. Food and Drug Administration to conduct first-in-human clinical trial. In a tweet, Neuralink said, "We are excited to share that we have received the FDA's approval to launch our first-in-human clinical study! This is the result of incredible work by the Neuralink team in close collaboration with the FDA..."
RTTNews | Pred 730 dňami
UK Retail Sales Rebound As Weather Improves

UK Retail Sales Rebound As Weather Improves

UK retail sales rebounded at a stronger-than-expected pace in April after poor weather conditions dampened sales in March, official data revealed Friday. The retail sales volume increased 0.5 percent month-on-month, in contrast to the revised 1.2 percent fall in March, the Office for National Statistics reported. Sales were forecast to grow more moderately by 0.3 percent.
RTTNews | Pred 730 dňami
Bay Street Seen Opening Higher

Bay Street Seen Opening Higher

Canadian shares are likely to open higher Friday morning, tracking steady crude oil and bullion prices, and positive global cues.
RTTNews | Pred 730 dňami
U.S. Dollar Drops On Debt Ceiling Deal Hopes

U.S. Dollar Drops On Debt Ceiling Deal Hopes

The U.S. dollar moved down against its major counterparts in the European session on Friday, following news that lawmakers are moving closer to a deal on raising the debt ceiling limit.
RTTNews | Pred 730 dňami

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