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Forex News
European Stocks Drifting Lower As Central Banks Hike Interest Rates
European stocks are down firmly in negative territory in early afternoon trades on Thursday, reacting to the Federal Reserve's hawkish comments, and policy decisions from the European Central Bank (ECB), the Bank of England (BoE) and the Swiss National Bank.
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865 days ago
Philly Fed Index Indicates Slower Contraction In December
Philadelphia-area manufacturing activity contracted at a slower rate in the month of December, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday.
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865 days ago
Meta Platforms Partners Silicon Ranch For Seven New Solar Projects In Georgia And Tennessee
Meta Platforms, Inc. (META) announced Thursday seven new solar projects in Georgia and Tennessee totaling 720 megawatts (MWAC) to support its regional operations with 100% renewable energy.
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865 days ago
U.S. Retail Sales Pull Back More Than Expected In November
After reporting a sharp increase in U.S. retail sales in the previous month, the Commerce Department released a report on Thursday showing retail sales pulled back by much more than expected in the month of November.
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865 days ago
U.S. Weekly Jobless Claims Unexpectedly Edge Lower
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended December 10th.
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865 days ago
Williams To Acquire MountainWest Pipelines From Southwest Gas In $1.5 Bln Deal
Williams Cos. (WMB) announced Thursday that it has reached an agreement to acquire MountainWest Pipelines Holding Co. from Southwest Gas Holdings, Inc. (SWX), in a transaction including $1.07 billion of cash and $0.43 billion of assumed debt, for an enterprise value of $1.5 billion.
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865 days ago
Euro Rises After ECB Decision
As expected, the European Central Bank raised its main refinancing rate by 50 basis points to 2.50 percent from 2 percent. Following the announcement, the euro rose against its major opponents.
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865 days ago
more news
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 hike its main refinancing rate by 50 basis points to 2.50 percent from 2 percent.
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865 days ago
Twitter Suspends Account That Tracked Elon Musk's Private Jet
Twitter permanently suspended an account that tracked the location of Elon Musk's private jet. The @ElonJet account, with more than 500,000 followers, was removed following a new set of policies. The company tweeted, "We've updated our Private Information policy to prohibit sharing someone else's live location in most cases."
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865 days ago
Old Dominion Freight Line Announces General Rate Increase Of 4.9%
Old Dominion Freight Line, Inc. (ODFL) announced Thursday a general rate increase (GRI) of 4.9 percent applicable to rates established under the existing ODFL 559, 670, and 550 tariffs, effective January 3, 2023.
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865 days ago
Sensex, Nifty Close Sharply Lower On Growth Concerns, Interest Rate Jitters
Indian stocks fell on Thursday, tracking weak global cues after the Federal Reserve hiked its rate by 50 basis points on Wednesday and signaled more hikes in the coming months.
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865 days ago
HOOKIPA Pharma Promotes Katia Schlienger As Chief Medical Officer
Biopharmaceutical company HOOKIPA Pharma Inc. (HOOK) announced Thursday the promotion of Katia Schlienger, to Chief Medical Officer and the appointment of Malte Peters, to its Board of Directors, both effective January 1, 2023.
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865 days ago
Pound Drops After BoE Decision
As expected, the Bank of England raised its key rate by 50 basis points to 3.50 percent from 3 percent. Following the decision, the pound fell against its major counterparts.
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865 days ago
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