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.

Philly Fed Index Unexpectedly Slumps To -19.4 In November

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.

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,

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

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

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

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

Canadian Market Down Firmly In Negative Territory At Noon

The Canadian market is down firmly in negative territory around noon on Thursday, weighed down by losses in energy, materials and technology sectors.

UK Chancellor Unveils Tax Raises, Cost Of Living Support Amid Recession

UK Chancellor Jeremy Hunt on Thursday announced tax measures that would raise billions, spending cuts and cost of living support measures for households and businesses struggling with soaring energy bills as he confirmed

European Stocks Close Lower On Growth Worries, Interest Rate Concerns

European stocks closed lower on Thursday with investors closely following the developments on the geopolitical front, and digesting the budget announcement by the British Finance Minister Jeremy Hunt.