Forex News
Wall Street Likely To See Positive Start
Higher futures point to a fairly steady start on Wall Street Tuesday morning.
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715 days ago
U.S. Consumer Prices Increase In Line With Estimates In February
Consumer prices in the U.S. increased in line with economist estimates in the month of February, according to a report released by the Labor Department on Tuesday. The Labor Department said its consumer price index rose by 0.4 percent in February after climbing by 0.5 percent in January. The advance by the index matched expectations.
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715 days ago
Dollar Drops Following U.S. CPI
Following the release of U.S. CPI for February at 8.30 am ET Tuesday, the greenback fell against its major counterparts.
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715 days ago
Hormel Foods Launches HORMEL Sliced Chorizo
Branded food company Hormel Foods Corp. (HRL) announced Tuesday the launch of the new HORMEL Sliced Chorizo, made with premium ingredients and authentic Spanish spices like garlic, peppers, and pimento.
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715 days ago
Dollar Mixed Ahead Of U.S. CPI
At 8.30 am ET Tuesday, U.S. CPI for February is set for release. Ahead of the data, the greenback traded mixed against its major counterparts. While it dropped against the euro and the pound, it held steady against the yen and the franc.
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715 days ago
Credit Suisse Stock Down After Admitting Material Weaknesses In Financial Reporting
Credit Suisse Group AG's shares were losing around 4 percent in Swiss trading as well as around 3 percent in pre-market activity on the NYSE after the banking major admitted that it has identified "material weaknesses" in its financial reporting for the years 2022 and 2021. The development comes as the worldwide banking industry has been facing scrutiny following the failure of U.S banks Silicon..
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715 days ago
Cvent Holding To Be Taken Private By Blackstone In $6.4 Bln Deal
Cvent Holding Corp. (CVT) announced Tuesday that it has entered into a definitive agreement to be acquired by an affiliate of private equity funds managed by Blackstone in a transaction valued at an enterprise value of approximately $4.6 billion.
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715 days ago
more news
JetBlue Airways Backs FY23 Outlook
Announcing an operational and financial update of its expected first quarter 2023 results on Tuesday, JetBlue Airways Corp. (JBLU) said it has maintained its strong operational performance with a solid completion factor of over 98% quarter-to-date.
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715 days ago
Delta Air Lines Reaffirms Q1 Outlook
Ahead of its presentation at the J.P. Morgan Industrials Conference on Tuesday, Delta Air Lines, Inc. (DAL) reaffirmed its outlook for the first quarter of fiscal 2023.
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715 days ago
Sensex, Nifty End Off Day's Lows
Indian shares fell for a fourth consecutive session on Tuesday, though markets ended well off their day's lows, taking cues from gains in European equities and U.S. stock futures after the Biden administration assured that there won't be a relapse of the financial crisis from 15 years ago.
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715 days ago
Uber And Lyft Can Treat Drivers As Contractors, California Appeals Court Rules
A California appeals court has ruled in favor of gig economy companies including rideshare and delivery network companies Uber Technologies, Inc., Lyft, Inc., and DoorDash, Inc., allowing them to continue to treat their drivers as independent contractors in the state. The latest court move overturns a 2021 decision by a lower court in California that barred the companies to follow Proposition 22.
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715 days ago
European Shares Inch Higher Ahead Of US Inflation Data
European stocks held steady on Tuesday after logging their steepest single day decline this year the previous day on fears of contagion from the collapse of U.S. lenders Silicon Valley Bank and Signature Bank.
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715 days ago
British Jobless Rate Stays Stable; Wage Growth Slows
The UK unemployment rate remained stable in the three months to January and wages grew slowly, raising the possibility of an interest rate pause from the Bank of England after ten successive rate hikes. The unemployment rate remained unchanged at 3.7 percent in the three months to January, the Office for National Statistics reported Tuesday. The rate was forecast to rise slightly to 3.8 percent.
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715 days ago
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