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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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697天前
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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697天前
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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697天前
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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697天前
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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697天前
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.
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697天前
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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697天前
more news
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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697天前
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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697天前
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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697天前
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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697天前
Kroger Reaffirms FY23 Outlook - Update
While reporting financial results for the first quarter on Thursday, supermarket chain Kroger Co. (KR) reaffirmed its adjusted earnings and identical sales outlook for the full-year 2023. Identical sales growth for the first quarter, without fuel, increased 3.5 percent, with underlying growth of 5.0 percent.
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697天前
Bay Street Seen Opening Lower
Canadian shares are likely to open weak on Thursday, tracking lower European stocks and bullion prices. The Federal Reserve's hawkish tone is also likely to weigh on sentiment.
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697天前
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