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ECB Slows Rate Hikes, Signals More Tightening Amid Eurozone Recession
The European Central Bank slowed the pace of its interest rate hikes, as expected, but said there is a need for significant tightening in future as it markedly lifted the euro area inflation forecast and projected a recession for the single currency bloc during the first half of next year. The central bank also revealed its initial plans to trim its portfolio.
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865 일 전
New York Manufacturing Index Slumps Much More Than Expected In December
The Federal Reserve Bank of New York released a report on Thursday showing a contraction n regional manufacturing activity in the month of December.
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865 일 전
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 일 전
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 일 전
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 일 전
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 일 전
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 일 전
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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 일 전
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 일 전
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 일 전
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 일 전
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 일 전
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 일 전
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