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European Stocks Close Sharply Higher On U.S. Inflation Data
After struggling for direction till around mid afternoon, European stocks flared up in the final hour of the session on Thursday after data showing a smaller than expected rise in U.S. consumer prices helped raise optimism the Fed will slow the pace of interest rate hike as early as next month.
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975 days ago
Canadian Stocks Rising Sharply On Soft U.S. Inflation Data
Canadian shares are up sharply on Thursday thanks to hectic buying across the board after data showing a smaller than expected increase in consumer prices in the U.S. helped raise optimism the Fed will slow the pace of interest rate hikes as early as next month.
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975 days ago
Slowdown In U.S. Consumer Inflation Pulls Down Dollar
The U.S. dollar moved down against its major rivals in the European session on Thursday, after a data showed that the nation's consumer prices increased less than expected in October, raising hopes for a slower pace of tightening by the Federal Reserve in the future.
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975 days ago
Boeing Finalizes Order For Two 777-8 Freighters With Silk Way West Airlines
Boeing Co. (BA) announced Thursday that Silk Way West Airlines has finalized an order of two 777-8 Freighters, with options for two additional airplanes. The two companies announced the agreement at a signing ceremony today at Boeing Commercial Airplanes' Seattle Delivery Center.
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975 days ago
U.S. Weekly Jobless Claims Inch Up To 225,000
A report released by the Labor Department on Thursday showed a modest increase in first-time claims for U.S. unemployment benefits in the week ended November 5th. The Labor Department said initial jobless claims crept up to 225,000, an increase of 7,000 from the previous week's revised level of 218,000.
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975 days ago
U.S. Consumer Price Growth Slows More Than Expected In October
The Labor Department released a highly anticipated report on Thursday showing U.S. consumer prices increased by less than expected in the month of October. The report showed the consumer price index rose by 0.4 percent in October, matching the increase seen in September. Economists had expected consumer prices to climb by 0.6 percent.
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975 days ago
U.S. Weekly Jobless Claims Inch Up Slightly More Than Expected
A report released by the Labor Department on Thursday showed a modest increase in first-time claims for U.S. unemployment benefits in the week ended November 5th.
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975 days ago
more news
U.S. Consumer Prices Climb Less Than Expected In October
The Labor Department released a highly anticipated report on Thursday showing U.S. consumer prices increased by less than expected in the month of October.
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975 days ago
Dollar Drops Following U.S. CPI
At 8:30 am ET Thursday, U.S. weekly jobless claims for the week ended November 5 and consumer inflation data for October have been released. After these data, the greenback fell against its major rivals.
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975 days ago
Biogen Appoints Christopher Viehbacher As President And CEO
Biotechnology company Biogen Inc. (BIIB) announced Thursday that its Board of Directors has appointed Christopher Viehbacher as President and Chief Executive Officer and a member of the Board of Directors, effective November 14. Viehbacher succeeds Michel Vounatsos, who has led the company since 2017.
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975 days ago
Dollar Mixed Ahead Of U.S. CPI
At 8:30 am ET Thursday, U.S. weekly jobless claims for the week ended November 5 and consumer inflation data for October are due. Ahead of these data, the greenback traded mixed against its major counterparts. While the currency retreated against the yen, it held steady against the rest of major rivals.
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975 days ago
Ralph Lauren Maintains FY23 Revenue Growth Outlook - Update
While reporting its financial results for the second quarter on Thursday, luxury fashion house Ralph Lauren Corp. (RL) maintained its revenue growth guidance for the full-year 2023. It also provided revenue growth outlook for the third quarter.
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975 days ago
Canadian Shares Seen Opening On Mixed Note
Canadian shares are likely to open on a mixed note on Thursday. The market is likely to see some bargain hunting after the previous session's sharp setback.
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975 days ago
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