New York Empire State factory gauge edges higher in November
admin The numbers: The New York Federal Reserve’s Empire State business conditions index, a gauge of…
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Alibaba, Tencent, lead Hong Kong tech stocks higher after upbeat China online retail sales data
Shares of Chinese internet giants jumped in Hong Kong, after official data showed better-than-expected October…
Read MoreDaimler Truck sees higher revenue, boosted by strong sales, price increases
Daimler Truck Holding AG on Friday said revenue increased in the third quarter, boosted by…
Read MoreDow ends 1,200 points higher, stocks post best day since 2020 after inflation hints at slowing
U.S. stocks closed sharply higher Thursday, with all three major indexes posting their best day…
Read MoreMester says Fed needs to keep interest rates higher for longer to cool inflation
The president of the Cleveland Federal Reserve welcomed “some easing” in U.S. inflation, but she…
Read MoreU.S. jobless claims tick higher in latest week
The numbers: Initial jobless claims rose 7,000 to 225,000 in the week ended November 5,…
Read MoreDow surges 900 points as U.S. stocks open sharply higher after inflation report
U.S. stocks surged at the open Thursday, with the Dow Jones Industrial Average jumping 900…
Read MoreU.S. jobless claims tick higher in latest week
The numbers: Initial jobless claims rose 5,000 to 225,000 in the week ended November 5,…
Read MoreBond yields inch higher as attention turns to looming inflation data
Bond yields were a touch higher Wednesday but off recent highs as investors absorbed the…
Read MoreCommerzbank profit and revenue beat forecasts, thanks to higher rates, strong consumer business
Commerzbank AG said Wednesday that rising rates and strong customer business helped it to expectations-beating…
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