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Canadian Stocks Down In Negative Territory As U.S. Inflation Data Weighs

Canadian stocks are down firmly in negative territory Thursday afternoon, weighed down by concerns the Federal Reserve will hold interest rates higher for longer after data showed a bigger than expected increase in U.S. consumer prices in the month of December.

RTTNews | 594 วันที่ผ่านมา

Swiss Market Ends Notably Lower

The Switzerland market ended weak on Thursday, in line with most of the markets in Europe, after data showing a bigger than expected increase in U.S. consumer price inflation tempered expectations of an early rate cut.

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European Stocks Close Lower On Interest Rate Concerns

European stocks closed notably lower on Thursday on concerns the Federal Reserve will likely hold interest rates higher for longer after data from the Labor Department showed an acceleration in U.S. consumer price growth in the month of December.

RTTNews | 594 วันที่ผ่านมา

Amazon Not Offering Concessions To EU For IRobot Deal Approval

e-commerce behemoth Amazon.com, Inc. has not offered concessions to the European Commission in its bid to garner approval for its proposed $1.7 billion takeover of Roomba robot vacuum cleaner maker iRobot Corp., according media reports on Thursday.

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U.S. Consumer Prices Rise 0.3% In December, Slightly More Than Expected

Partly reflecting a continued increase in shelter prices, the Labor Department released a report on Thursday showing consumer prices in the U.S. rose by slightly more than expected in the month of December. The Labor Department said its consumer price index climbed by 0.3 percent in December after inching up by 0.1 percent in November. Economists had expected the index to rise by 0.2 percent.

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U.S. Weekly Jobless Claims Unexpectedly Edge Down To 202,000

First-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended January 6th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 202,000, a decrease of 1,000 from the previous week's revised level of 203,000. Economists had expected jobless claims to rise to 210,000.

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ManTech Granted About $500 Mln Enterprise IT Services Contract By DoJ

Technology solutions provider ManTech International Corp. (MANT) announced Thursday that it is one of the winners of a ten-year blanket purchase agreement (BPA) with the Department of Justice (DOJ) valued at nearly $500 million.

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U.S. Consumer Prices Rise Slightly More Than Expected In December

A highly anticipated report released by the Labor Department on Thursday showed consumer prices in the U.S. increased by slightly more than expected in the month of December.

RTTNews | 594 วันที่ผ่านมา

Alphabet's Google Laying Off Hundreds Of Staff

Alphabet Inc.'s Google is laying off hundreds of employees across few of their departments such as central engineering, Google Voice Assistant and hardware team responsible for Pixel, Nest and Fitbit, as part of its ongoing cost-cutting actions, according to media reports on Thursday.

RTTNews | 594 วันที่ผ่านมา