Devon Energy To Buy Williston Basin Business Of Grayson Mill Energy For $5 Bln

Eurozone Inflation Accelerates; Jobless Rate Steady At 6.3%

Eurozone inflation accelerated more than expected in October on food and energy prices but it remained within the target of the European Central Bank, bolstering the case for a gradual monetary policy easing. Another official data showed that the euro area unemployment rate remained unchanged at a record low in September.

RTTNews | 7h 11min ago

Chicago Business Barometer Unexpectedly Slumps To Five-Month Low In October

MNI Indicators released a report on Thursday showing its reading on Chicago-area business activity unexpectedly tumbled to a five-month low in October. The report said MNI Indicators' Chicago business barometer slumped to 41.6 in October from 46.6 in September, with a reading below 50 indicating contraction. Economists had expected the business barometer to inch up to 47.0.

RTTNews | 7h 15min ago

Uber Q3 Results Climb, Sees Growth In Q4 Gross Bookings; But Stock Drops

Uber Technologies, Inc. reported Thursday higher profit in its third quarter, benefited by significant unrealized gains and higher revenues. The rideshare and delivery network company also issued fourth -quarter outlook, expecting higher adjusted EBITDA and gross bookings. Meanwhile, Uber shares were losing around 8 percent in the early morning trading on the NYSE.

RTTNews | 7h 19min ago

U.S. Consumer Price Inflation Data Largely In Line With Estimates In September

The Commerce Department on Thursday released its report on U.S. personal income and spending in the month of September, which includes the Federal Reserve's preferred readings on consumer price inflation. The report said the personal consumption expenditures (PCE) price index rose by 0.2 percent in September after inching up by 0.1 percent in August. The modest increase matched estimates.

RTTNews | 7h 36min ago

U.S. Weekly Jobless Claims Unexpectedly Fall To Five-Month Low

With the more closely watched monthly jobs report looming, the Labor Department released a report on Thursday showing an unexpected decline by first-time claims for U.S. unemployment benefits in the week ended October 26th. The report said initial jobless claims fell to 216,000, a decrease of 12,000 from the previous week's revised level of 228,000.

RTTNews | 7h 40min ago