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U.S. Producer Prices Increase 0.4% In August, In Line With Estimates

Producer prices in the U.S. increased in line with economist estimates in the month of August, the Labor Department revealed in a report released on Thursday. The Labor Department said its producer price index for final demand rose by 0.4 percent in August following a revised 0.1 percent uptick in July.
RTTNews | 1h 28min ago
U.S. Jobless Claims Unexpectedly Edge Down To 206,000

U.S. Jobless Claims Unexpectedly Edge Down To 206,000

The Labor Department released a report on Thursday unexpectedly showing a slight dip in first-time claims for U.S. unemployment benefits in the week ended September 5th. The report said initial jobless claims edged down to 206,000, a decrease of 1,000 from the previous week's revised level of 207,000.
RTTNews | 1h 49min ago
Macy's Stock Drops On Cautious Q3 View, Despite Positive Q2 Results, Raised FY26 Outlook

Macy's Stock Drops On Cautious Q3 View, Despite Positive Q2 Results, Raised FY26 Outlook

Omni-channel fashion retailer Macy's, Inc., while reporting higher profit and comparable sales in its second quarter, on Thursday issued third-quarter forecast, expecting an adjusted loss and cautious comps. Further, the firm raised outlook for fiscal 2026. In pre-market activity on the NYSE, the shares were losing around 3.93 percent.
RTTNews | 3h 24min ago
Lower Open Likely On Bay Street

Lower Open Likely On Bay Street

Canadian stocks look headed for a weak start on Thursday amid concerns about inflation and interest rates following oil's continued move up north.
RTTNews | 3h 29min ago
FTSE 100 Down 0.31% As Oil Surge Stokes Rate-Hike Worries

FTSE 100 Down 0.31% As Oil Surge Stokes Rate-Hike Worries

The U.K. benchmark FTSE 100 fell 32.70 points to 10,637.36 Thursday amid elevated oil prices and central bank monetary tightening worries. Associated British Foods dropped nearly 11% despite raising earnings guidance, hurt by negative Sugar division outlook.
RTTNews | 4h 39min ago
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CAC 40 Edges Higher As ECB Rate Decision Looms

CAC 40 Edges Higher As ECB Rate Decision Looms

France's equity benchmark CAC 40 gained ground Thursday as market sentiment remained cautious ahead of the European Central Bank's monetary policy announcement. Brent crude futures rose 0.8% amid ongoing Middle East conflict concerns.
RTTNews | 5h 9min ago
Indian Shares Snap Three-day Losing Streak

Indian Shares Snap Three-day Losing Streak

Indian shares fluctuated before ending slightly higher on Thursday. Benchmark indexes snapped a three-day losing streak even as Brent crude prices rose above $102 a barrel to reach their highest level since May, fueling concerns about the potential impact on rupee, inflation and corporate earnings.
RTTNews | 5h 30min ago
Oil Surge Weighs On German Equities Before ECB Announcement

Oil Surge Weighs On German Equities Before ECB Announcement

German equities turned in mixed performance on Thursday as investors awaited the European Central Bank's interest rate announcement. The DAX gained 0.04% to 25,563.55, while August inflation data showed consumer prices rose 2.9% year-on-year, matching forecasts.
RTTNews | 5h 31min ago
Oil Prices Rise In Choppy Trade

Oil Prices Rise In Choppy Trade

Oil prices traded higher on Thursday, recovering from an early slide as the Middle East conflict showed no signs of easing.
RTTNews | 6h 38min ago

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