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U.S. New Home Sales Show Substantial Rebound In December
A report released by the Commerce Department on Thursday showed a substantial rebound in new home sales in the U.S. in the month of December. The Commerce Department said new home sales spiked by 8.0 percent to an annual rate of 664,000 in December after plunging by 9.0 to an upwardly revised rate of 615,000 in November.
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Pred 572 dňami
U.S. Durable Goods Orders Unchanged In December After Surging In November
With a pullback in orders for transportation equipment offsetting strength in other sectors, new orders for U.S. manufactured durable goods unexpectedly came in unchanged in the month of December, according to a report released by the Commerce Department on Thursday. The report said durable goods orders were virtually unchanged in December after surging by 5.5 percent in November.
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Pred 572 dňami
U.S. Weekly Jobless Claims Rebound More Than Expected
After reporting first-time claims for U.S. unemployment benefits at their lowest level in over a year in the previous week, the Labor Department released a report on Thursday showing initial jobless claims rebounded by more than expected in the week ended January 20th. The Labor Department said initial jobless claims climbed to 214,000, an increase of 25,000 from the previous week's revised level.
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Pred 572 dňami
U.S. Economic Growth Far Exceeds Estimates In Q4
The Commerce Department released a report on Thursday showing the U.S. economy grew by much more than expected in the fourth quarter of 2023. The report said gross domestic product shot up by 3.3 percent in the fourth quarter after surging by 4.9 percent in the third quarter. Economists had expected GDP to jump by 2.0 percent.
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Pred 572 dňami
ECB Keeps Rates Unchanged For Third Time
The European Central Bank held its key interest rates steady for a third policy session in a row and stuck to its stance that policy would remain restrictive for as long as needed, and did not give any signal regarding the possibility of a rate cut in the near future.
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Pred 572 dňami
Carpenter Technology Q2 Earnings Meets Estimates
Carpenter Technology Corp. (CRS) reported Thursday that net income for the second quarter soared to $42.7 million or $0.85 per share from $6.2 million or $0.13 per share in the prior-year quarter.
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Pred 572 dňami
U.S. GDP Jumps Much More Than Expected In Q4
The Commerce Department released a report on Thursday showing the U.S. economy grew by much more than expected in the fourth quarter of 2023.
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Pred 572 dňami
more news
U.S. Durable Goods Orders Unexpectedly Unchanged In December
New orders for U.S. manufactured durable goods unexpectedly came in unchanged in the month of December, according to a report released by the Commerce Department on Thursday.
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Pred 572 dňami
German Ifo Business Confidence Weakest Since 2020
Business morale in Germany weakened unexpectedly to the lowest since the summer 2020 as the train strike and supply chain issues caused by the Red Sea re-routing added to the current sombre outlook. The business confidence index fell to 85.2 in January from a revised reading of 86.3 in December, survey results from the Munich-based ifo Institute showed on Thursday.
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Pred 572 dňami
U.S. Weekly Jobless Claims Climb To 214,000
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rebounded by more than expected in the week ended January 20th.
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Pred 572 dňami
Euro Mixed After ECB Decision
As expected, the European Central Bank kept the main refinancing rate unchanged at 4.50 percent. Following the decision, the euro traded mixed against its major counterparts. While it rose against the greenback, it changed little against the rest of major counterparts.
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Pred 573 dňami
Bay Street Seen Opening On Mixed Note
Canadian shares are likely to open on mixed note Thursday morning, with investors tracking a mixed trend in commodities markets, and reacting to the European Central Bank's policy announcement.
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Pred 573 dňami
Euro Mixed Ahead Of ECB Decision
The monetary policy announcement from the European Central Bank is due at 8.15 am ET Thursday. Markets widely expect the ECB to keep the interest rates on hold today but anticipate early rate cuts as inflation has slowed more sharply.
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Pred 573 dňami
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