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U.S. Dollar Declines As PCE Data Cements Rate Cut Bets
The U.S. dollar moved down against its major counterparts in the New York session on Friday, as the nation's consumer prices increased in line with economist estimates in April, raising the possibility of a rate cut from the Federal Reserve in September.
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168 일 전
Canadian Market Modestly Lower; Bank Stocks Lose Ground On Earnings
Despite optimism about an interest rate cut by the Bank of Canada in June, the Canadian market remains weak a little past noon on Friday as data showing a less than expected growth of the nation's GDP weigh on sentiment.
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168 일 전
Tesla Recalls Over 125K Vehicles For Seat Belt Warning Issue
Tesla Inc. (TSLA) is recalling 125,227 cars in the U.S. due to a software and sensor issue that prevents the seat belt warning system from activating, which may potentially increase the risk of injury in a collision, according to a statement by the National Highway Traffic Safety Administration (NHTSA) on Friday.
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168 일 전
Chicago Business Barometer Unexpectedly Indicates Faster Contraction In May
Chicago-area business activity unexpectedly contracted at an accelerated rate in the month of May, according to a report released by MNI Indicators on Friday. MNI Indicators said its Chicago business barometer fell to 35.4 in May from 37.9 in April, with a reading below 50 indicating contraction. Economists had expected the business barometer to rise to 41.0.
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168 일 전
U.S. Consumer Prices Rise In Line With Estimates, Core Prices Edge Up Less Than Expected
A highly anticipated report released by the Commerce Department on Friday showed consumer prices in the U.S. increased in line with economist estimates in the month of April, although core consumer prices edged up by slightly less than expected.
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168 일 전
Soho House Rejects Recent Takeover Offer; Dissolves Special Committee
Soho House & Co Inc. (SHCO) said Friday that it received interest from a party that conditioned a proposal on certain Class B holders rolling over their equity interests in the Company as part of a transaction.
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168 일 전
Eurozone Inflation Rises Ahead Of ECB Meeting
Eurozone headline and core inflation accelerated in May largely driven by higher services costs ahead of the European Central Bank's governing council meeting next week, when it is widely expected to cut interest rates. The harmonized index of consumer prices posted a faster-than-expected increase of 2.6 percent, following the 2.4 percent rise in April, flash data from Eurostat showed on Friday
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168 일 전
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U.S. Consumer Prices Increase In Line With Estimates In April
A highly anticipated report released by the Commerce Department on Friday showed consumer prices in the U.S. increased in line with economist estimates in the month of April, although core consumer prices edged up by slightly less than expected.
RTTNews
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168 일 전
UBS Group Closes Takeover Of Credit Suisse
UBS Group AG (UBS) announces Friday that it has completed the merger of UBS AG and Credit Suisse AG. The completion of the merger within the expected timeline was facilitated by the strong support from regulators across the globe.
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168 일 전
German Retail Sales Fall More Than Forecast, Price Expectations Rise
Retail sales in Germany declined more than expected in April, largely led by a slump in sales of food, while a survey showed that more companies plan to raise prices in the coming months. On a calendar and seasonally adjusted basis, retail sales slumped 1.2 percent from March, when they grew an upwardly revised 2.6 percent, preliminary data from the statistical office Destatis showed Friday. Econ
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168 일 전
Novartis Reports Positive Results From Phase III ASC4FIRST Trial; Meets Both Primary Endpoints
Novartis AG (NVS) reported Friday positive results from the pivotal Phase III ASC4FIRST trial, which met both primary endpoints with clinically meaningful and statistically significant results.
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168 일 전
Bay Street May Open With Slightly Negative Bias; U.S., Canadian Economic Data In Focus
Canadian shares may open with a slightly negative bias Friday morning, reacting to earnings updates, and fresh economic data from the U.S. and Canada.
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168 일 전
Genesco Q1 Net Loss Widens; Reaffirms FY25 Outlook
Specialty retailer Genesco, Inc. (GCO) on Friday reported a net loss for the first quarter of $24.35 million or $2.23 per share, wider than $18.89 million or $1.60 per share in the prior-year quarter.
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168 일 전
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