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U.S. Retail Sales Jump Much More Than Expected Amid Rebound By Auto Sales
Partly reflecting a rebound by auto sales, the Commerce Department released a report on Thursday showing retail sales in the U.S. increased by much more than expected in the month of July. The Commerce Department said retail sales jumped by 1.0 percent in July after edging down by a revised 0.2 percent in June. Economists had expected retail sales to rise by 0.3 percent.
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Před 71 dny
U.S. Weekly Jobless Claims Unexpectedly Extend Pullback
A report released by the Labor Department on Thursday unexpectedly showed a continued decline by first-time claims for U.S. unemployment benefits in the week ended August 10th. The Labor Department said initial jobless claims fell to 227,000, a decrease of 7,000 from the previous week's revised level of 234,000. Economists had expected jobless claims to inch up to 235,000.
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Před 71 dny
U.S. Industrial Production Decreases Much More Than Expected In July
The Federal Reserve released a report on Thursday showing industrial production in the U.S. fell by much more than expected in the month of July.
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Před 71 dny
Cisco To Cut 7% Jobs, Sees $1 Bln Charges In Restructuring; Stock Up
Shares of Cisco Systems Inc. were gaining around 8 percent in the pre-market activity on the Nasdaq after the technology conglomerate, in its fourth-quarter earnings call, announced a restructuring plan with around 7 percent cut in its global workforce. The move, which is expected to allow the firm to invest in key growth opportunities and drive more efficiencies in its business, would result...
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Před 71 dny
New York Manufacturing Index Inches Higher But Remains Negative In August
New York manufacturing activity edged slightly lower in the month of August, the Federal Reserve Bank of New York revealed in a report on Thursday.
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Před 71 dny
Philly Fed Index Unexpectedly Turns Negative In August
A report released by the Federal Reserve Bank of Philadelphia on Thursday said regional manufacturing softened overall in the month of August.
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Před 71 dny
U.S. Import Prices Unexpectedly Edge Higher In July
Import prices in the U.S. unexpectedly crept higher in the month of July, according to a report released by the Labor Department on Thursday.
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Před 71 dny
more news
U.S. Retail Sales Jump Much More Than Expected In July
The Commerce Department released a report on Thursday showing retail sales in the U.S. increased by much more than expected in the month of July.
RTTNews
|
Před 71 dny
U.S. Weekly Jobless Claims Unexpectedly Dip To 227,000
A report released by the Labor Department on Thursday showed an unexpected decline by first-time claims for U.S. unemployment benefits in the week ended August 10th.
RTTNews
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Před 71 dny
Walmart Sees Growth In Q3, Lifts FY25 View After Q2 Sales Rise; Stock Up
Shares of Walmart, Inc. were gaining around 8 percent in the pre-market activity on the NYSE after the retail behemoth on Thursday issued third-quarter guidance, expecting growth, and also raised its fiscal 2025 forecast. Meanwhile, adjusted earnings forecast for the third quarter is below the market estimates, and for fiscal 2025 is in line or below the Street view.
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Před 71 dny
Bay Street Seen Opening On Positive Note
Canadian shares look headed for a positive start Thursday morning, tracking higher commodity prices, and amid continued optimism about an interest rate cut by the Federal Reserve in September.
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Před 71 dny
Pound Rises Slightly After U.K. Q2 GDP Expands
The British pound strengthened slightly against other major currencies in the European session on Thursday, after the U.K. economy expanded again in the second quarter but the pace of growth moderated slightly due to the contractions in industrial and construction output.
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Před 71 dny
Philippine Central Bank Lowers Rate For First Time Since 2020
The Philippine central bank unexpectedly lowered its benchmark rates for the first time in nearly four years and hinted at more easing amid well-anchored inflation expectations. The monetary board of the Bangko Sentral ng Pilipinas reduced the target reserve repurchase rate by 25 basis points to 6.25 percent. Markets were expecting a hold.
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Před 71 dny
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