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U.S. Business Inventories Increase In Line With Estimates In September
Business inventories in the U.S. rose in line with economist estimates in the month of September, according to a report released by the Commerce Department on Wednesday. The report said business inventories climbed by 0.4 percent in September, matching the increase seen in August as well as expectations.
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Pred 687 dňami
New York Manufacturing Activity Unexpectedly Expands In November
New York manufacturing activity unexpectedly showed a significant turnaround in the month of November, according to a report released by the Federal Reserve Bank of New York on Wednesday. The New York Fed said its general business conditions index surged to a positive 9.1 in November from a negative 4.6 in October, with a positive reading indicating growth.
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U.S. Retail Sales Edge Down 0.1% In October, Less Than Expected
A report released by the Commerce Department on Wednesday showed retail sales in the U.S. edged slightly lower in the month of October. The Commerce Department said retail sales slipped by 0.1 percent in October, while economists had expected sales to dip by 0.3 percent. The modest decrease in retail sales partly reflected a sharp pullback in sales by motor vehicle and parts dealers.
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U.S. Producer Prices Unexpectedly Decrease Amid Sharp Drop In Gas Prices
On the heels of yesterday's report showing consumer prices were unchanged, the Labor Department released a separate report on Wednesday showing an unexpected decrease in U.S. producer prices in the month of October. The unexpected monthly decrease partly reflected a sharp pullback in energy prices, with gasoline prices leading the way lower.
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Eurozone Economy To Undergo Moderate Recovery After Challenging Year: EU
The euro area economy is expected to recover only moderately after a challenging year during which growth was damped by weak consumption and subdued foreign demand, the European Commission said in its Autumn Forecast, released Wednesday. The EU forecast the 20-nation currency bloc to grow by a modest 0.6 percent in 2023, which is less than the 0.8 percent estimated previously.
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Pred 687 dňami
New York Manufacturing Index Unexpectedly Turns Positive In November
New York manufacturing activity unexpectedly showed a significant turnaround in the month of November, according to a report released by the Federal Reserve Bank of New York on Wednesday.
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Pred 687 dňami
U.S. Retail Sales Edge Down Less Than Expected In October
A report released by the Commerce Department on Wednesday showed retail sales in the U.S. edged slightly lower in the month of October. The Commerce Department said retail sales slipped by 0.1 percent in October after jumping by an upwardly revised 0.9 percent in September.
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Pred 687 dňami
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U.S. Producer Prices Unexpectedly Decline 0.5% In October
After yesterday's report showing consumer prices were unchanged, the Labor Department released a separate report on Wednesday showing an unexpected decrease in U.S. producer prices in the month of October.
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Pred 687 dňami
Griffon Guides FY24 Revenues In Line With Estimates - Update
While reporting financial results for the fourth quarter on Wednesday, Griffon Corp. (GFF) initiated its revenue guidance for the full-year 2024 of $2.6 billion.
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Pred 687 dňami
UK Inflation Softens To 2-Year Low On Energy, Food Prices
Faster-than-expected slowdown took British inflation to the lowest level in two years, soothing fears of further interest rate hikes by the Bank of England and Prime Minister Rishi Sunak claimed that he has delivered on his pledge of halving price growth ahead of election next year. Consumer price inflation eased to 4.6 percent in October from 6.7 percent in the previous month.
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Pred 687 dňami
Bay Street Looks Set To Open On Firm Note
Canadian shares are likely to open on a firm note on Wednesday, tracking positive global cues thanks to tamer-than-expected consumer price inflation data from the U.S. easing concerns about Fed interest rates.
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Pred 687 dňami
TJX Companies Boosts FY24 Outlook - Update
While reporting financial results for the third quarter on Wednesday, off-price retailer TJX Companies, Inc. (TJX) trimmed its earnings outlook for the fourth quarters, while raising its earnings guidance for the full-year 2024.
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Pred 687 dňami
Centene Appoints Susan Smith As COO
Healthcare company Centene Corp. (CNC) announced Wednesday the appointment of Susan Smith as its Chief Operating Officer (COO), effective January 1, 2024. She has worked at Centene since June 2023.
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Pred 687 dňami
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