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U.S. Consumer Prices Rise 0.3% In April, Slightly Less Than Expected

A highly anticipated report released by the Labor Department on Wednesday showed consumer prices in the U.S. rose by slightly less than expected in the month of April. The Labor Department said its consumer price index increased by 0.3 percent in April after rising by 0.4 percent in March. Economists had expected consumer prices to climb by another 0.4 percent.
RTTNews | 186 일 전
Bay Street Seen Opening On Mixed Note

Bay Street Seen Opening On Mixed Note

Canadian shares are likely to turn in a mixed performance again with investors reacting to U.S. inflation data and a slew of corporate earnings announcements. Materials shares may move higher, tracking firm metal prices.
RTTNews | 186 일 전
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EU Projects Eurozone To Log Gradual Growth, Inflation On Track To Target

EU Projects Eurozone To Log Gradual Growth, Inflation On Track To Target

The European Commission projected the euro area economy to stage a gradual growth amid geopolitical risks and expects inflation to be on the track to hit the target. In the latest Spring economic forecast, released Wednesday, the commission said the single currency bloc will grow 0.8 percent this year, same as the Winter interim forecast.
RTTNews | 186 일 전
Arcos Dorados Q1 Profit Declines

Arcos Dorados Q1 Profit Declines

Arcos Dorados Holdings, Inc. (ARCO), a restaurant chain and McDonald's franchisee, reported Wednesday that net income attributable to the company for the first quarter declined to $28.51 million or $0.14 per share from $37.41 million or $0.18 per share in the prior-year quarter.
RTTNews | 186 일 전
European Shares Mostly Higher After GDP Data

European Shares Mostly Higher After GDP Data

European stocks were mostly higher on Wednesday as investors digested a slew of mixed earnings reports and looked ahead to the release of U.S. CPI report later in the day for directional cues.
RTTNews | 186 일 전

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