Forex News
U.S. Consumer Prices Unexpectedly Flat In May, Annual Growth Slows To 3.3%
With a steep drop in gasoline prices partly offsetting a continued increase in shelter prices, the Labor Department released a report on Wednesday showing U.S. consumer prices were unexpectedly flat in the month of May. The Labor Department said its consumer price index came in unchanged in May after rising by 0.3 percent in April. Economists had expected consumer prices to inch up by 0.1 percent.
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147 days ago
Thailand Leaves Policy Rate Steady At 2.50%
Thailand's central bank decided to keep the interest rate unchanged for the fourth straight meeting on Wednesday as the inflation rate returned to the target range, despite the rising pressure from the government to cut rates to support economic growth.
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147 days ago
U.S. Mortgage Applications Show Substantial Rebound
After reporting two consecutive weekly decreases in U.S. mortgage applications, the Mortgage Bankers Association released a report on Wednesday showing a substantial rebound in mortgage applications in the week ended June 7th.
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147 days ago
U.S. Consumer Prices Unexpectedly Unchanged In May
With a steep drop in gasoline prices partly offsetting a continued increase in shelter prices, the Labor Department released a report on Wednesday showing U.S. consumer prices were unexpectedly flat in the month of May.
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147 days ago
Boxlight Board Confirms Dale Strang As CEO
Boxlight Corp. (BOXL), a provider of interactive technology solutions, announced Wednesday that the Board of Directors has unanimously voted to name Dale Strang as Boxlight's Chief Executive Officer. Strang was appointed as Interim Chief Executive Officer in January 2024.
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147 days ago
Fresenius Medical Care Inks Virtual Power Purchase Agreements For Renewable Energy
Fresenius Medical Care (FMS) announced Wednesday it has signed five virtual power purchase agreements (vPPAs) with wind and solar energy project developers in Germany and the U.S. The projects are expected to feed around 580 gigawatt hours of renewable energy into the grid, which equals up to 46 percent of FME's most recently reported global consumption.
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147 days ago
UK Economy Flatlines As Election Looms
The UK economy stagnated in April as services growth was offset by falls in production and construction output, which was largely caused by an unusually wet weather, and dealt a setback to Prime Minister Rishi Sunak ahead of the July 4 general election. Gross domestic product remained flat on month, as expected, after expanding 0.4 percent in March, the Office for National Statistics said Wednesd
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147 days ago
more news
Federal Express To Lay Off Up To 2,000 Employees Amid Workforce Reduction Plan In Europe
Federal Express Corp., a subsidiary of FedEx Corp. (FDX) announced Wednesday a workforce reduction plan in Europe as part of its ongoing measures to reduce structural costs.
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147 days ago
Dollarama Q1 Net Profit, Sales, Comps Rise
Canadian value retailer Dollarama, Inc. (DOL.TO) reported Wednesday that net earnings for the first quarter of fiscal 2025 increased to $215.8 million or $0.77 per share from $179.9 million or $0.63 per share in the prior-year quarter.
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147 days ago
Sensex, Nifty End Modestly Higher Ahead Of Key Economic Data
Indian shares eked out modest gains on Wednesday ahead of industrial output and inflation data, due out later in the day.
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147 days ago
European Shares See Cautious Gains Ahead Of US Inflation Data, Fed Decision
European stocks traded higher on Wednesday as investors awaited key U.S. inflation data as well as a Federal Reserve policy decision later in the day for additional clues on the outlook for interest rates.
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147 days ago
FTSE 100 Rises As Economy Stagnates In April
U.K. stocks advanced on Wednesday ahead of the release of key U.S. inflation data and the Federal Reserve's interest-rate decision due later in the day.
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147 days ago
Commodity Currencies Rise, Focus On U.S. CPI Data, Fed Meeting
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened most major currencies in the Asian session on Wednesday, as traders await the U.S. inflation report and the Federal Reserve decision later in the day.
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147 days ago
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