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US Small Business Confidence Continues To Improve Despite Inflation Worries - NFIB

US Small Business Confidence Continues To Improve Despite Inflation Worries - NFIB

Small business sentiment in the U.S. strengthened to a two-and-a-half-year high in July though inflation remained the top concern for businesses, the monthly survey results from the National Federation of Independent Business (NFIB) showed Tuesday. The NFIB Small Business Optimism Index rose for the fourth month in a row in July, up 2.2 points to 93.7 from 91.5 in June.
RTTNews | 134 days ago
U.S. Producer Prices Inch Up In Line With Estimates In July, Annual Growth Slows Notably

U.S. Producer Prices Inch Up In Line With Estimates In July, Annual Growth Slows Notably

Producer prices in the U.S. crept higher in the month of July, according to a report released by the Labor Department on Tuesday. The Labor Department said its producer price index for final demand inched up by 0.1 percent in July after rising by 0.2 percent in June. The uptick by producer prices matched economist estimates.
RTTNews | 134 days ago
China Bank Lending Remains Weak

China Bank Lending Remains Weak

China's bank lending remained weak in July amid high interest rates, official data revealed on Tuesday. Aggregate financing totalled CNY 18.87 trillion in the January to July period, which was down by CNY 3.22 trillion, the People's Bank of China said. Within this total, yuan-denominated loans to the real economy increased by CNY 12.38 trillion in the first seven months of the year.
RTTNews | 134 days ago
UK Wage Data Supports Calls For Gradual Rate Cut

UK Wage Data Supports Calls For Gradual Rate Cut

The slower-than-expected deceleration in the UK wage growth supports the case for gradual interest rate cuts by the Bank of England later this year after a quarter-point reduction early this month. Average earnings excluding bonus climbed 5.4 percent in the three months to June from the previous year, slower than the 5.8 percent rise in the prior period, the Office for National Statistics said.
RTTNews | 134 days ago
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Anteris Technologies Submits Confidential Draft Registration Statement For Proposed US IPO

Anteris Technologies Submits Confidential Draft Registration Statement For Proposed US IPO

Biotechnology company Anteris Technologies Ltd. (AVR) said Tuesday it has submitted a confidential draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission by its affiliate, Anteris Technologies Global Corp., relating to the proposed U.S. initial public offering by Anteris Global of its shares of common stock.
RTTNews | 134 days ago
Bay Street Likely To Open With Negative Bias

Bay Street Likely To Open With Negative Bias

Canadian shares may open with a negative bias on Tuesday, weighed down by lower crude oil and metal prices. The market is likely to move in a tight band for much of the day's session as investors await key economic data.
RTTNews | 134 days ago
Home Depot Cuts FY24 Earnings, Comps View, Lifts Sales Forecast; Stock Down

Home Depot Cuts FY24 Earnings, Comps View, Lifts Sales Forecast; Stock Down

Shares of Home Depot, Inc. were losing more than 5 percent in the pre-market activity on the NYSE after the home improvement retailer on Tuesday reported weak earnings in its second quarter amid lower comparable sales, despite a slight growth in total sales. However, adjusted earnings beat the Street estimates. Further, the company revised down its fiscal 2024 earnings view, to now expect a...
RTTNews | 134 days ago

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