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Pound Weakens After U.K. Autumn Budget Statement

Pound Weakens After U.K. Autumn Budget Statement

The pound moved down against its major counterparts in the European session on Thursday, as U.K. Chancellor of Exchequer Jeremy Hunt unveiled a package of tax increases and spending cuts worth £55 billion and said that the economy is already in a recession.
RTTNews | Pred 883 dňami
Philly Fed Index Slumps To Lowest Level Since May 2020

Philly Fed Index Slumps To Lowest Level Since May 2020

A report released by the Federal Reserve Bank of Philadelphia on Thursday showed regional manufacturing activity unexpectedly contracted at a faster rate in the month of November. The Philly Fed said its diffusion index for current activity tumbled to a negative 19.4 in November from a negative 8.7 in October.
RTTNews | Pred 883 dňami
U.S. Housing Starts Show Notable Decrease In October, Building Permits Pull Back Sharply

U.S. Housing Starts Show Notable Decrease In October, Building Permits Pull Back Sharply

New residential construction in the U.S. showed a notable decrease in the month of October, the Commerce Department revealed in a report released on Thursday. The report said housing starts tumbled by 4.2 percent to an annual rate of 1.425 million in October after falling by 1.3 percent to an upwardly revised rate of 1.488 million in September.
RTTNews | Pred 883 dňami
U.S. Weekly Jobless Claims Edge Slightly Lower

U.S. Weekly Jobless Claims Edge Slightly Lower

First-time claims for U.S. unemployment benefits edged slightly lower in the week ended November 12th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims dipped to 222,000, a decrease of 4,000 from the previous week's revised level of 226,000.
RTTNews | Pred 883 dňami
Macy's, Kohl's Q3 Results Top Estimates, While Children's Place Adj. EPS Missed

Macy's, Kohl's Q3 Results Top Estimates, While Children's Place Adj. EPS Missed

Omni-channel fashion retailer Macy's, department store chain Kohl's and specialty apparel retailer The Children's Place reported on Thursday that net profit for the third quarter approximately halved from last year, primarily on lower margins and higher expenses, apart from a single-digit percentage drop in net sales.
RTTNews | Pred 883 dňami
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U.S. Weekly Jobless Claims Edge Down To 222,000

U.S. Weekly Jobless Claims Edge Down To 222,000

First-time claims for U.S. unemployment benefits edged slightly lower in the week ended November 12th, according to a report released by the Labor Department on Thursday.
RTTNews | Pred 883 dňami
U.S. Housing Starts Tumble 4.2% In October

U.S. Housing Starts Tumble 4.2% In October

New residential construction in the U.S. showed a notable decrease in the month of October, the Commerce Department revealed in a report released on Thursday.
RTTNews | Pred 883 dňami
Bay Street Seen Opening On Weak Note

Bay Street Seen Opening On Weak Note

Lower Canadian and U.S. stock futures and weak commodity prices point to a negative start for Canadian shares on Thursday.
RTTNews | Pred 883 dňami
Wells Fargo Launches Short-term Flex-Loan

Wells Fargo Launches Short-term Flex-Loan

Banking major Wells Fargo has rolled out a new short-term flexi-loan for eligible customers to gain access to funds on the go through the Wells Fargo Mobile Banking app, without the hassles of formally applying for the loan and within minutes. It is currently available in select markets and will be extended nationwide by the end of the year.
RTTNews | Pred 883 dňami

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