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Forex News
U.S. Weekly Jobless Claims Unexpectedly Dip To 211,000
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended December 10th. The Labor Department said initial jobless claims slipped to 211,000, a decrease of 20,000 from the previous week's revised level of 231,000.
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867 days ago
McDonald's Inks Virtual Power Purchase Agreements For 189 MW From Enel's Blue Jay Solar
McDonald's Corp. (MCD) and all five members of the restaurant chain's North American Logistics Council (NALC) - Armada, Earp Distribution, Martin Brower, Mile Hi Foods and The Anderson-DuBose Company - announced Thursday they have signed agreements with Enel North America to purchase renewable energy and the associated renewable energy certificates (RECs) from Enel Green Power's Blue Jay solar project in Grimes County, Texas.
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867 days ago
ECB Slows Rate Hikes, Signals More Tightening Amid Eurozone Recession
The European Central Bank slowed the pace of its interest rate hikes, as expected, but said there is a need for significant tightening in future as it markedly lifted the euro area inflation forecast and projected a recession for the single currency bloc during the first half of next year. The central bank also revealed its initial plans to trim its portfolio.
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867 days ago
New York Manufacturing Index Slumps Much More Than Expected In December
The Federal Reserve Bank of New York released a report on Thursday showing a contraction n regional manufacturing activity in the month of December.
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867 days ago
European Stocks Drifting Lower As Central Banks Hike Interest Rates
European stocks are down firmly in negative territory in early afternoon trades on Thursday, reacting to the Federal Reserve's hawkish comments, and policy decisions from the European Central Bank (ECB), the Bank of England (BoE) and the Swiss National Bank.
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867 days ago
Philly Fed Index Indicates Slower Contraction In December
Philadelphia-area manufacturing activity contracted at a slower rate in the month of December, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday.
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867 days ago
Meta Platforms Partners Silicon Ranch For Seven New Solar Projects In Georgia And Tennessee
Meta Platforms, Inc. (META) announced Thursday seven new solar projects in Georgia and Tennessee totaling 720 megawatts (MWAC) to support its regional operations with 100% renewable energy.
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867 days ago
more news
U.S. Retail Sales Pull Back More Than Expected In November
After reporting a sharp increase in U.S. retail sales in the previous month, the Commerce Department released a report on Thursday showing retail sales pulled back by much more than expected in the month of November.
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867 days ago
U.S. Weekly Jobless Claims Unexpectedly Edge Lower
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended December 10th.
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867 days ago
Williams To Acquire MountainWest Pipelines From Southwest Gas In $1.5 Bln Deal
Williams Cos. (WMB) announced Thursday that it has reached an agreement to acquire MountainWest Pipelines Holding Co. from Southwest Gas Holdings, Inc. (SWX), in a transaction including $1.07 billion of cash and $0.43 billion of assumed debt, for an enterprise value of $1.5 billion.
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867 days ago
Euro Rises After ECB Decision
As expected, the European Central Bank raised its main refinancing rate by 50 basis points to 2.50 percent from 2 percent. Following the announcement, the euro rose against its major opponents.
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867 days ago
Euro Mixed Ahead Of ECB Decision
The European Central Bank will announce interest rate decision at 8:15 am ET Thursday. The ECB is expected to hike its main refinancing rate by 50 basis points to 2.50 percent from 2 percent.
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867 days ago
Twitter Suspends Account That Tracked Elon Musk's Private Jet
Twitter permanently suspended an account that tracked the location of Elon Musk's private jet. The @ElonJet account, with more than 500,000 followers, was removed following a new set of policies. The company tweeted, "We've updated our Private Information policy to prohibit sharing someone else's live location in most cases."
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867 days ago
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