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U.S. Dollar Higher After Inflation Data

The U.S. dollar appreciated against its most major counterparts in the European session on Thursday, as the Federal Reserve's preferred measure of inflation rose in line with expectations in October, supporting expectations that the Federal Reserve will leave rates unchanged for some time.
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U.S. Pending Home Sales Slump To Lowest Level In Over Twenty Years

U.S. Pending Home Sales Slump To Lowest Level In Over Twenty Years

Pending home sales in the U.S. slumped to their lowest level in over twenty years in the month of October, the National Association of Realtors revealed in a report released on Thursday. NAR said its pending home sales index tumbled by 1.5 percent to 71.4 in October after jumping by 1.0 percent to a revised 72.5 in September.
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Chicago Business Activity Expands For First Time In Over A Year

Chicago Business Activity Expands For First Time In Over A Year

A report released by MNI Indicators on Thursday showed Chicago-area business activity unexpectedly expanded for the first time in over a year in the month of November. MNI Indicators said its Chicago business barometer surged to 55.8 in November from 44.0 in October, with a reading above 50 indicating growth. Economists had expected the index to inch up to 45.4.
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ShapeTX Expands Ongoing Collaboration With Roche

ShapeTX Expands Ongoing Collaboration With Roche

ShapeTX announced Thursday the expansion of its partnership with Roche Holding AG (RHHBY.PK), with Roche adding a new target to their ongoing collaboration, which was initially established in August 2021.
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Eurozone Inflation Weakest Since Mid 2021

Eurozone Inflation Weakest Since Mid 2021

Eurozone inflation eased more than expected to the weakest in more than two years in November and the unemployment rate remained unchanged at a lower level, raising hopes that the European Central Bank may cut interest rates earlier than currently forecast. Inflation softened to 2.4 percent in November from 2.9 percent in October, flash data from the statistical office Eurostat revealed Thursday.
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Global 5G Subscriptions To Top 5.3 Bln By 2029-End: Ericsson Mobility Report

Global 5G Subscriptions To Top 5.3 Bln By 2029-End: Ericsson Mobility Report

Global 5G subscriptions are forecast to increase more than 330 percent over the next six years to reach at 5.3 billion, with 85 percent of the global population to have 5G coverage access, according to Ericsson Mobility Report. The November 2023 edition of the report, which is key industry reference source for network data, performance, statistics, and forecasts, estimates that new 5G...
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German Jobless Rises Unexpectedly Amid Economic Downturn

German Jobless Rises Unexpectedly Amid Economic Downturn

Germany's unemployment rate rose unexpectedly in November as the economic downturn damped job creation, official data revealed on Thursday. The jobless rate rose to 5.9 percent in November, while it was forecast to remain unchanged at 5.8 percent. The rate was the highest in two and a half years.
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U.S. Weekly Jobless Claims Inch Up To 218,000

U.S. Weekly Jobless Claims Inch Up To 218,000

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 25th. The Labor Department said initial jobless claims inched up to 218,000, an increase of 7,000 from the previous week's revised level of 211,000.
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Kroger Boosts FY23 Adj. EPS Outlook - Update

Kroger Boosts FY23 Adj. EPS Outlook - Update

While reporting financial results for the third quarter on Thursday, supermarket chain Kroger Co. (KR) raised its adjusted earnings guidance for the full-year 2023, while trimming total identical sales growth outlook.
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