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U.S. Consumer Sentiment Index Tumbles Much More Than Expected In April

U.S. Consumer Sentiment Index Tumbles Much More Than Expected In April

Preliminary data released by the University of Michigan on Friday showed a continued slump by U.S. consumer sentiment in the month of April. The University of Michigan said its consumer sentiment index tumbled to 50.8 in April after plunging to 57.0 in March. Economists had expected the consumer sentiment index to fall to 54.5.
RTTNews | 2 ngày trước
CPSC Recalls: Fisher-Price Toys, OTC Cold Medicine, Youth ATVs, Baby Bath Seats, High Chairs

CPSC Recalls: Fisher-Price Toys, OTC Cold Medicine, Youth ATVs, Baby Bath Seats, High Chairs

The U.S. Consumer Product safety Commission or CPSC has announced various recalls including Fisher-Price Stroller Toys and Tissue Box Toys, over-the-counter or OTC cold medicine, youth All-Terrain Vehicles or ATVs, baby bath seats, and high chair activity centers, among others. Toy maker Fisher-Price Inc., owned by Mattel, Inc., recalled about 253,000 units of Brunch & Go Stroller Toys.
RTTNews | 2 ngày trước
U.S. Producer Prices Unexpectedly Decrease In March, Annual Growth Slows

U.S. Producer Prices Unexpectedly Decrease In March, Annual Growth Slows

On the heels of yesterday's report showing a surprise dip by U.S. consumer prices, the Labor Department released a separate report on Friday showing U.S. producer prices also unexpectedly decreased in the month of March. The Labor Department said its producer price index for final demand fell by 0.4 percent in March after inching up by a revised 0.1 percent in February.
RTTNews | 2 ngày trước
U.S. Producer Prices Unexpectedly Fall 0.4% In March

U.S. Producer Prices Unexpectedly Fall 0.4% In March

On the heels of yesterday's report showing a surprise dip by U.S. consumer prices, the Labor Department released a separate report on Friday showing U.S. producer prices also unexpectedly decreased in the month of March.
RTTNews | 2 ngày trước
Bay Street May Open On Positive Note

Bay Street May Open On Positive Note

Canadian shares are likely to open higher on Friday, led by gains in the materials sectors thanks to rising metal prices. Gold prices climbed to record highs past $3,200 an ounce mark. Escalating tensions between China and the U.S. could weigh on sentiment and cap market's upside.
RTTNews | 2 ngày trước
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JPMorgan Stock Gains On Q1 Results Above Street, AUM Strength

JPMorgan Stock Gains On Q1 Results Above Street, AUM Strength

Shares of JPMorgan Chase & Co. were gaining around 2 percent in the pre-market activity on the NYSE after the banking major reported Friday higher profit and revenues in its first quarter, both above market estimates, despite significant growth in provision for credit losses. Assets under management climbed from last year, driven by continued net inflows and higher market levels.
RTTNews | 2 ngày trước
Euro Soars As Tariff Walk-back Eases Tensions Further

Euro Soars As Tariff Walk-back Eases Tensions Further

The euro strengthened against other major currencies in the European session on Friday, as the investor sentiment improved after the EU said it would suspend its planned countermeasures to Trump's tariffs for 90 days.
RTTNews | 2 ngày trước
FDA To Phase Out Animal Testing In The Development Of Monoclonal Antibodies, Other Drugs

FDA To Phase Out Animal Testing In The Development Of Monoclonal Antibodies, Other Drugs

The U.S. Food and Drug Administration has announced a plan to replace animal testing in the development of monoclonal antibody therapies and other drugs with more effective, human-relevant methods. The plan is in line with the agency's efforts to modernize regulatory science as technology advances, and follows the demand by Congress and the scientific community over the years for more human...
RTTNews | 2 ngày trước
Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Friday.
RTTNews | 2 ngày trước
FTSE 100 Recovers After Setback, Up More Than 0.5%

FTSE 100 Recovers After Setback, Up More Than 0.5%

After a positive start and a subsequent drop into negative territory, U.K. stocks are recovering a bit on Friday with investors largely making cautious moves, reacting to the developments on the tariff front.
RTTNews | 2 ngày trước

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