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Forex News
U.S. Weekly Jobless Claims Inch Up Slightly Less Than Expected
With the more closely watched monthly jobs report looming, the Labor Department released a report on Thursday showing a slight increase in first-time claims for U.S. unemployment benefits in the week ended May 27th.
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818 days ago
Hyundai Motor America May Total Sales Up 18%
Hyundai Motor America reported Thursday that it sold a total of 70,001 units in the month of May, up 18 percent from last year's 59,432 units, driven by new May retail and total sales records for Elantra HEV, Elantra N, IONIQ 5, Santa Fe HEV, Tucson HEV, Tucson PHEV and Santa Cruz.
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818 days ago
Macy's, Dollar General Q1 Profits Decline
Retailers Macy's, Inc. (M) and Dollar General Corp. (DG) reported on Thursday that net profits for the first quarter declined from last year, with Macy's topping estimates, while Dollar General missed it. Net sales at both retailers missed expectations. Both Macy's and Dollar General also slashed their guidance for the full-year 2023.
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818 days ago
Eurozone Factory Activity Shrinks On Falling Production, Orders
Euro area manufacturing activity contracted for the second straight month in May on falling production and new orders but firms continued to take additional staff, the purchasing managers' survey results showed. Despite the deteriorating economic conditions, Eurostat data showed that the unemployment rate in the currency-bloc fell to a record low in April.
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818 days ago
FDA Warns Retailers Against Illegal Sales Of Disposable E-cigarettes
The U.S. Food and Drug Administration has warned certain retailers against unauthorized sales of popular disposable e-cigarettes, mainly various types of Puff and Hyde brand e-cigarettes. Under the retailer inspection blitz, warning letters have been issued to 30 retailers, including one distributor, for illegally selling such products. All products cited in the warning letters are disposable
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818 days ago
UK Manufacturing Downturn Deepens In May
The British manufacturing downturn worsened in May, as output, new orders and employment all fell at faster rates amid headwinds of weak domestic and foreign market conditions and client de-stocking, survey results from S&P Global revealed Thursday.
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818 days ago
U.S. Weekly Jobless Claims Inch Up To 232,000
With the more closely watched monthly jobs report looming, the Labor Department released a report on Thursday showing a slight increase in first-time claims for U.S. unemployment benefits in the week ended May 27th.
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818 days ago
more news
U.S. Private Sector Employment Jumps Much More Than Expected In May
Private sector employment in the U.S. jumped by much more than expected in the month of May, according to a report released by payroll processor ADP on Thursday.
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818 days ago
Bay Street Seen Opening Higher
Canadian shares are likely to open on positive note on Thursday, tracking European markets and on easing fears of a U.S. debt default, and encouraging data on Chinese factory activity.
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819 days ago
UK House Prices Fall Most Since 2009; Mortgage Approvals Decline
UK house prices declined the most since 2009 in May, and mortgage approvals and lending dropped in April, indicating deterioration in the housing market activity amid the rising interest rates. The house price index slid 3.4 percent from a year ago, marking the biggest fall since 2009, the Nationwide Building Society reported Thursday. The drop followed a 2.7 percent decrease in April.
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819 days ago
Yen Drops On Easing Debt Default, Fed Rate Hike Worries
The yen slipped against its major counterparts in the European session on Thursday, as approval of the U.S. debt ceiling deal by the House of Representatives and comments from Fed officials indicating a pause in interest rate hikes lifted risk sentiment.
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819 days ago
Caleres Q1 EPS Tops Estimates; Reiterates FY23 Adj. EPS Outlook
Footwear brand Caleres Inc. (CAL) reported Thursday that net earnings for the first quarter decreased to $34.73 million or $0.97 per share from $50.51 million or $1.32 per share in the prior-year quarter.
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819 days ago
Sensex, Nifty Extend Losses For Second Day
Indian shares ended Thursday's lackluster session slightly lower, with financials and telecom stocks pacing the declines.
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819 days ago
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