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Fed Minutes Highlight 'Unusually Elevated Degree Of Uncertainty' About Outlook
The minutes of the Federal Reserve's latest monetary policy meeting reiterated officials widely expect to begin lowering interest rates in 2024, although they also highlighted an "unusually elevated degree of uncertainty" about the outlook for rates and the economy.
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582 ngày trước
Swiss Market Ends Higher On Wednesday
The Swiss stock market returned from its lengthy New Year's break to the upside, opening higher on Wednesday and remaining in the green throughout the session.
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582 ngày trước
European Markets Finish With Heavy Losses
The major European markets opened lower on Wednesday and continued to sink as the day progressed, ending near session lows.
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582 ngày trước
U.S. Manufacturing Index Indicates Slightly Slower Contraction In December
A report released by the Institute for Supply Management showed U.S. manufacturing activity contracted at a slightly slower rate in the month of December. The ISM said its manufacturing PMI rose to 47.4 in December from 46.7 in November, but a reading below 50 still indicates contraction. Economists had expected the index to inch up to 47.1.
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582 ngày trước
U.S. Job Openings Edge Down From Upwardly Revised Level In November
The Labor Department released a report on Wednesday showing job openings in the U.S. edged down from an upwardly revised level in the month of November. The report said job openings dipped to 8.79 million in November from an upwardly revised 8.85 million in October.
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582 ngày trước
U.S. Dollar Advances As Yields Rise On Rate Uncertainty
The U.S. dollar firmed against its major counterparts in the New York session on Wednesday, amid fading optimism about early interest rate cuts by the Federal Reserve.
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582 ngày trước
Hyundai Motor America December Total Sales Up 4%
Hyundai Motor America reported Wednesday that it sold a total of 75,164 units in the month of December, up 4 percent from last year's 72,058 units, driven by best ever December total sales record in company history and for IONIQ 5, Santa Fe PHEV, Santa Fe HEV, Tucson, Tucson PHEV, and Palisade.
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582 ngày trước
more news
UniFirst Backs FY24 Outlook; Q1 Results Top Estimates
While reporting financial results for the first quarter of fiscal 2024 on Wednesday, UniFirst Corp. (UNF) maintained its earnings and revenue guidance for the full-year 2024.
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582 ngày trước
Verrica Pharmaceuticals Announces Agreement With Walgreens To Distribute YCANTH
Dermatology therapeutics company Verrica Pharmaceuticals Inc. (VRCA) announced Wednesday the expansion of its distribution network by entering into an agreement with Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc. (WBA), to distribute YCANTH through its specialty pharmacy.
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582 ngày trước
Esperion Therapeutics, Daiichi Sankyo Europe Ink $125 Mln Amendment To Their Collaboration
Esperion Therapeutics, Inc. (ESPR) and Daiichi Sankyo Europe GmbH or DSE, the European arm of Japanese pharmaceutical company Daiichi Sankyo Co., Ltd. (DSKYF.PK), announced Wednesday a $125 million amendment to their collaboration, which includes an amicable resolution to their commercial dispute and certain other adjustments to enhance the long-term value of their products.
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582 ngày trước
German Unemployment Rises Less Than Expected
Germany's unemployment increased less than expected at the end of the year despite the economy undergoing a recession, official data revealed on Wednesday. Unemployment rose only 5,000 in December compared to an increase of 21,000 in November and 29,000 in October, the Federal Labor Agency reported.
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582 ngày trước
Euro Hits Fresh 2-week Low Against U.S. Dollar
The euro registered losses against the U.S. dollar during the European session on Wednesday, after a data showed that German unemployment rate increased slightly at the end of the year.
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582 ngày trước
UCB Announces Commercial Availability Of Zilbrysq In U.S. To Treat Generalized Myasthenia Gravis
Biopharmaceutical company UCB announced Wednesday that ZILBRYSQ (zilucoplan) is now available in the U.S. for the treatment of generalized myasthenia gravis (gMG) in adult patients who are anti-acetylcholine receptor (AChR) antibody positive.
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582 ngày trước
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