Allstate Corp. Reports Estimated Catastrophe Losses For April Of $494 Mln

RTTNews | Pred 462 dňami
Allstate Corp. Reports Estimated Catastrophe Losses For April Of $494 Mln

(RTTNews) - Insurer Allstate Corp. (ALL) announced Thursday estimated catastrophe losses for the month of April 2024 of $494 million or $390 million, after-tax.

Catastrophe losses in April include 11 events estimated at $491 million, with approximately 80% of the losses related to four wind, hail or tornadic events.

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Philly Fed Index Unexpectedly Returns To Negative Territory In August

Philly Fed Index Unexpectedly Returns To Negative Territory In August

Manufacturing activity in the Philadelphia area has weakened in the month of August, the Federal Reserve Bank of Philadelphia revealed in a report released on Thursday. The Philly Fed said its diffusion index for current general activity tumbled to a negative 0.3 in August from a positive 15.9 in July, with a negative reading indicating contraction.
RTTNews | Pred 22 minútami
U.S. Jobless Claims Rise More Than Expected To 235,000

U.S. Jobless Claims Rise More Than Expected To 235,000

First-time claims for U.S. unemployment benefits rose by much more than expected in the week ended August 16th, according to a repot released by the Labor Department on Thursday. The report said initial jobless claims climbed to 235,000, an increase of 11,000 from the previous week's unrevised level of 224,000. Economists had expected jobless claims to inch up to 225,000.
RTTNews | Pred 37 minútami
Euro, Pound Rises After Eurozone, U.K. PMI Reports

Euro, Pound Rises After Eurozone, U.K. PMI Reports

The European currency abd British pound strengthened against other major currencies in the European session on Thursday, after the release of Purchasing Managers' index data from both economies.
RTTNews | Pred 1 h 28 min