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U.S. Housing Starts Slump 1.4% In December, Much Less Than Expected
New residential construction in U.S. fell for the fourth straight month in December, according to a report released by the Commerce Department on Thursday, although the decrease was much smaller than expected.
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vor 750 Tagen
U.S. Weekly Jobless Claims Unexpectedly Drop Below 200,000
A report released by the Labor Department on Thursday unexpectedly showed a decrease in first-time claims for U.S. unemployment benefits in the week ended January 14th. The Labor Department said initial jobless claims fell to 190,000, a decrease of 15,000 from the previous week's unrevised level of 205,000. The dip surprised economists, who had expected jobless claims to rise to 214,000.
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vor 750 Tagen
Philly Fed Index Indicates Slower Contraction In January
The Federal Reserve Bank of Philadelphia released a report on Thursday showing regional manufacturing activity has contracted at a slower rate in the month of January.
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vor 750 Tagen
U.S. Housing Starts Slump Less Than Expected In December
New residential construction in U.S. fell for the fourth straight month in December, according to a report released by the Commerce Department on Thursday, although the decrease was much smaller than expected.
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vor 750 Tagen
U.S. Weekly Jobless Claims Unexpectedly Decrease To 190,000
A report released by the Labor Department on Thursday unexpectedly showed a decrease in first-time claims for U.S. unemployment benefits in the week ended January 14th.
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vor 750 Tagen
Turkish Central Bank Holds Key Rate Unchanged For Second Month
Turkey's central bank left its key interest rate unchanged for the second straight month as inflation slowed notably from near 85.0 percent. The Monetary Policy Committee of the Central Bank of the Republic of Turkey, or TCMB, decided to hold the policy rate at 9.00 percent. The outcome of the meeting widely matched expectations.
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vor 750 Tagen
Bay Street Looks Headed For Weak Start
Lower Canadian and U.S. futures and sliding European stocks amid rising concerns about global economic slowdown point to a weak start for the Canadian market Thursday morning.
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vor 750 Tagen
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P&G Q2 Profit Down 7%, But Meets Estimates; Boosts FY23 Sales Outlook
Consumer goods giant Procter & Gamble Co. reported on Wednesday that profit for the second quarter decreased seven percent from last year, hurt primarily by a decrease in operating margin and a sales decline. However, earnings per share met analysts' estimates, while quarterly sales topped them. Looking ahead, the company maintained its earnings growth guidance for full-year 2023.
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vor 750 Tagen
UK Lenders To Tighten Credit Conditions In Q1: BoE Survey
UK lenders are set to tighten their credit conditions, applicable to both secured and unsecured lending to households in the first quarter of the year, the latest Credit Conditions Survey from the Bank of England showed Thursday. Banks reported a fall in the availability of secured credit to households in the fourth quarter and they expect another fall over the first quarter.
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vor 750 Tagen
Australian, NZ Dollars Extend Fall On Recession Worries
The Australian and NZ dollars extended decline against their major counterparts in the European session on Thursday, as disappointing U.S. data fuelled concerns about a recession in the aftermath of a tighter monetary policy.
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vor 750 Tagen
Boeing, NASA To Develop Green Single-aisle Airliners
Boeing Co. is joining with NASA's Sustainable Flight Demonstrator or SFD project, aiming to build a new generation of green single-aisle airliners this decade. The U.S. Space agency has given the aerospace and defense major and its industry partners a contract for the development and flight testing of a full-scale Transonic Truss-Braced Wing or TTBW demonstrator airplane, an emission-reducing...
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vor 750 Tagen
Bank Negara Malaysia Unexpectedly Holds Rate Steady At 2.75%
Malaysia's central bank maintained its benchmark rate in a surprise move at this year's first policy meeting on Thursday, as policymakers assessed that the current rate remains accommodative and supportive of economic growth amid the resilient domestic demand.
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vor 750 Tagen
Sensex, Nifty Snap Two-day Winning Streak As Recession Worries Weigh
Indian shares ended Thursday's session modestly lower after two consecutive sessions of gains.
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vor 750 Tagen
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