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U.S. Industrial Production Unexpectedly Dips 0.2% In May
The Federal Reserve released a report on Thursday unexpectedly showing a modest decrease in U.S. industrial production in the month of May.
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U.S. Import Prices Decrease 0.6% May, Much More Than Expected
Import prices in the U.S. fell by much more than expected in the month of May, according to a report released by the Labor Department on Thursday. The Labor Department said import prices slid by 0.6 percent in May after rising by a downwardly revised 0.3 percent in April.
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U.S. Jobless Claims Unexpectedly Hold At Highest Level Since October 2021
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits were unexpectedly flat in the week ended June 10th. The Labor Department said initial jobless claims came in at 262,000, unchanged from the previous week's revised level.
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ECB Hikes Rates By 25 Bps, More Tightening Likely As Inflation Seen 'Too High'
The European Central Bank raised the three key interest rates by a quarter basis points on Thursday, in line with expectations, as policymakers assessed that despite some slowing, inflation is likely to remain "too high for too long" and economists' are looking forward to one more hike in July.
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790 dagar sedan
CUTERA Says FDA Clears AviClear As Long-Term Treatment For Mild To Severe Acne
Dermatology solutions provider CUTERA, INC. (CUTR) announced Thursday a new U.S. Food and Drug Administration clearance of AviClear as a long-term treatment for mild to severe inflammatory acne vulgaris. This is the first acne therapy to claim long term effectiveness for mild, moderate and severe acne.
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Philly Fed Index Indicates Modestly Faster Contraction In June
The Federal Reserve Bank of Philadelphia released a report on Thursday showing regional manufacturing activity contracted at a modestly faster rate in the month of June.
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New York Manufacturing Index Unexpectedly Returns To Positive Territory In June
A report released by the Federal Reserve Bank of New York on Thursday showed a significant turnaround in regional manufacturing activity in the month of June.
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790 dagar sedan
more news
U.S. Import Prices Decrease Much More Than Expected May
Import prices in the U.S. fell by much more than expected in the month of May, according to a report released by the Labor Department on Thursday.
RTTNews
|
790 dagar sedan
U.S. Retail Sales Unexpectedly Rise 0.3% In May
The Commerce Department released a report on Thursday showing an unexpected increase in U.S. retail sales in the month of May.
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790 dagar sedan
U.S. Weekly Jobless Claims Unexpectedly Unchanged
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits were unexpectedly flat in the week ended June 10th.
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790 dagar sedan
Swiss Govt Forecasts Below-Average Growth
Switzerland's economy is expected to log significantly below-average growth though the year started vigorously, the State Secretariat for Economic Affairs, or SECO, said Thursday. The expert group of SECO forecast gross domestic product to grow 1.1 percent this year, unchanged from the previous projection. Likewise, growth outlook for 2024 was maintained at 1.5 percent.
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790 dagar sedan
Euro Advances After ECB Decision
As expected, the European Central Bank raised its main refinancing rate by 25 basis points to 4 percent. Following the announcement, the euro climbed against its major opponents.
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Euro Mixed Ahead Of ECB Decision
The European Central Bank will announce interest rate decision at 8:15 am ET Thursday. The ECB is expected to raise the key refi rate by 25 basis points to 4 percent from 3.75 percent.
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790 dagar sedan
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