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U.S. Dollar Falls As Treasury Yields Decline On Recession Worries
The U.S. dollar dropped against its major rivals in the New York session on Wednesday, amid a sell-off in treasury yields on concerns that the Federal Reserve's aggressive monetary tightening to tame inflation could push the economy into recession.
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1030 gün önce
European Stocks Close Notably Lower On Inflation Worries, Rate Hikes Jitters
Despite staging a fairly good recovery in late afternoon trades, European stocks closed notably lower on Wednesday amid rising worries about inflation and tighter policies from central banks.
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1030 gün önce
Powell: Fed 'Strongly Committed' To Bringing Inflation Back Down To 2%
On the heels of last week's significant interest rate increase, Federal Reserve Chair Jerome Powell appeared before the Senate Banking Committee on Wednesday to deliver his semiannual monetary policy testimony. Powell began his prepared remarks by highlighting the Fed's strong commitment to bringing inflation back down to the central bank's longer-run goal of 2 percent.
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1030 gün önce
Loonie Climbs After Canada Inflation Data
Canada inflation data for May has been released at 8:30 am ET Wednesday. After the data, the loonie rose against its major counterparts.
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1030 gün önce
Loonie Mixed Ahead Of Canada Inflation Data
Canada inflation data for May will be released at 8:30 am ET Wednesday. Ahead of the data, the loonie traded mixed against its major counterparts. While it fell against the euro and the yen, it was steady against the greenback and the aussie.
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1030 gün önce
Cheniere, Chevron Ink Long-Term LNG Sale And Purchase Agreements
Cheniere Energy, Inc. (LNG) announced Wednesday that two of its subsidiaries, Sabine Pass Liquefaction, LLC and Cheniere Marketing, LLC, have each entered into long-term liquefied natural gas or LNG, sale and purchase agreements or SPA, with Chevron U.S.A. Inc., a wholly-owned subsidiary of Chevron Corp. (CVX).
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1030 gün önce
Bay Street Seen Opening Lower; Inflation Data Eyed
Lower Canadian and U.S. futures indicate a weak start for the Canadian market on Wednesday. Inflation data for the month of May is expected to significantly impact stock price movements.
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1030 gün önce
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DoorDash Partners Loblaw To Provide Grocery Delivery Service To Customers In Canada
DoorDash, Inc. (DASH) and Loblaw Cos. Ltd. (L.TO) announced Wednesday a collaboration that will bring a new and innovative grocery delivery service to customers in Canada.
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1030 gün önce
Wall Street Looks Headed For Weak Start
Sharply lower futures point to a weak start for U.S. stocks on Wednesday. The focus will be on Federal Reserve Chairman Jerome Powell's testimony before the Senate about the state of the economy this morning.
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1030 gün önce
KVH Industries Confirms Brent Bruun As President And CEO
KVH Industries, Inc., (KVHI) announced Wednesday that its Board of Directors has appointed Brent Bruun as President and Chief Executive Officer and a member of the Board. The Board also appointed two seasoned industry executives, David Kagan and David Tolley, as directors of KVH.
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1030 gün önce
Moderna Announces New Clinical Data On Omicron COVID Booster Candidate MRNA-1273.214
Biotechnology company Moderna, Inc. (MRNA) announced Wednesday new clinical data on its bivalent (Omicron) COVID booster candidate, mRNA-1273.214.
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1030 gün önce
Bio-Techne To Acquire Namocell For Undisclosed Terms
Life sciences company Bio-Techne Corp. (TECH) announced Wednesday it has reached an agreement to acquire Namocell, Inc., a provider of fast and easy to use single cell sorting and dispensing platforms that are gentle to cells, and preserve cell viability and integrity.
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1030 gün önce
ANI Pharmaceuticals Says FDA Oks ANDA For Clorazepate Dipotassium Tablets
ANI Pharmaceuticals, Inc. (ANIP) announced Wednesday that it has received U.S. Food and Drug Administration (FDA) approval for the Abbreviated New Drug Application (ANDA) for Clorazepate Dipotassium Tablets.
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1030 gün önce
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