Rackspace Technology Promotes CFO Amar Maletira To Succeed Kevin Jones As CEO

Oil Futures Settle Sharply Higher On Inventory Drop, Supply Disruptions Concerns

Oil prices rose sharply on Wednesday as crude inventories in the U.S. dropped in the week ended January 10th. Possibility of supply disruptions due to new sanctions by the U.S. on Russia contributed as well to the rise in oil prices.

RTTNews | 5h 28min ago

TSX Up Nearly 1% As Interest Rate Concerns Drop

The Canadian market is up firmly in positive territory Wednesday afternoon as U.S. consumer price inflation data has raised hopes the Federal Reserve will lower interest rates in its next meeting, or in March 2025. Technology, real estate, financials and healthcare stocks notably higher. A few stocks from consumer staples, industrials and materials sectors are also up, while shares from the rest

RTTNews | 6h 34min ago

Swiss Market Ends On Firm Note

After a weak start and a subsequent recovery, the Switzerland market suffered a mild setback around early afternoon on Wednesday, but recovered swiftly and climbed higher to end the day's session on a firm note. Encouraging U.S. and UK consumer price inflation data aided sentiment.

RTTNews | 8h 3min ago

European Stocks Close On Firm Note On Encouraging Economic Data

European stocks closed higher on Wednesday as investors reacted to some encouraging economic data, including consumer price inflation data from the U.K. and the U.S. The less than expected increase in U.S. consumer price inflation has raised hopes of rates cuts by the Federal Reserve.

RTTNews | 8h 20min ago

U.S. Dollar Falls As Core Inflation Slows

The U.S. dollar moved down against its major counterparts in the New York session on Wednesday, as core consumer inflation came in cooler than expected in December, supporting hopes of rate cuts by the Federal Reserve.

RTTNews | 8h 57min ago

New York Manufacturing Index Unexpectedly Indicates Contraction In January

New York manufacturing activity unexpectedly declined in the month of January, according to a report released by the Federal Reserve Bank of New York on Wednesday. The New York Fed said its general business conditions index tumbled to a negative 12.6 in January from a positive 2.1 in December, with a negative reading indicating contraction.

RTTNews | 11h 44min ago

U.S. Annual Core Consumer Price Growth Unexpectedly Slows In December

While the Labor Department released a closely watched report on Wednesday showing U.S. consumer prices increased by slightly more than expected in the month of December, the report also showed an unexpected slowdown by the annual rate of core consumer price growth.

RTTNews | 11h 58min ago

Indonesia Unexpectedly Cuts Key Interest Rate To Boost Economic Growth

Indonesia's central bank unexpectedly lowered interest rates for the first time in five policy sessions, in a bid to boost the economic growth, citing the prospect of lower inflation this year and next.

RTTNews | 12h 28min ago

EURUSD	1.02894	GBPUSD	1.22377	AUDUSD	0.62259
USDJPY	156.511	USDCAD	1.43386	USDCHF	0.91273