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U.S. Homebuilder Confidence Improves Slightly More Than Expected In September
A report released by the National Association of Home Builders on Tuesday showed homebuilder confidence in the U.S. improved by slightly more than expected in the month of September. The report said the NAHB/Wells Fargo Housing Market Index rose to 41 in September from 39 in August. Economists had expected the index to inch up to 40.
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Boeing Freezes Hiring, Weighs Furloughs To Cut Costs Amid Strike
Aerospace giant Boeing Co. is planning various cost-cutting measures, including hiring freeze, cut in supplier spending and possible temporary furloughs, to meet the ongoing strike by machinists, reports said citing a company memo. Bloomberg reported that Boeing's difficult financial position puts its credit rating at risk of dropping below investment grade.
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U.S. Industrial Production Rebounds Much More Than Expected In August
Industrial production in the U.S. rebounded by much more than anticipated in the month of August, the Federal Reserve revealed in a report released on Tuesday. The Fed said industrial production climbed by 0.8 percent in August after slumping by a revised 0.9 percent in July. Economists had expected industrial production to rise by 0.2 percent.
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U.S. Retail Sales Unexpectedly Inch Higher In August
Retail sales in the U.S. unexpectedly crept higher in the month of August, according to a report released by the Commerce Department on Tuesday. The Commerce Department said retail sales inched up by 0.1 percent in August after surging by an upwardly revised 1.1 percent in July. The uptick surprised economists, who had expected retail sales to dip by 0.2 percent.
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U.S. Retail Sales Unexpectedly Inch Up 0.1% In August
Retail sales in the U.S. unexpectedly crept higher in the month of August, according to a report released by the Commerce Department on Tuesday.
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Indian Rupee Rises To 1-1/2-month High Against U.S. Dollar
The Indian rupee strengthened against the U.S. dollar in the European session on Tuesday.
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Bay Street Eyes Inflation Data For Directional Cues
Canadian inflation data for the month of August is set to determine the mood on Bay Street Tuesday morning. The focus will also be on the Federal Reserve's monetary policy meeting that gets underway today.
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Berita lainnya
Pizza Hut's ResZAmes To Support Job Search
Pizza Hut, a subsidiary of Yum! Brands, Inc., is launching 'ResZAmes', a new offering aimed to help professionals deliver their resumes to prospective employers through pizza boxes in New York City. The free resume-printed pizza boxes are expected to capture employer attention during peak 'September Surge' hiring season.
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751 hari yang lalu
Sensex, Nifty End Choppy Session Slightly Higher
Indian shares ended Tuesday's session marginally higher after a choppy session.
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751 hari yang lalu
German Investor Sentiment Plunges Further In September
German investor confidence declined sharply again in September as hopes of swift improvement in economic situation fade, survey results from the think tank ZEW showed Tuesday. The ZEW Indicator of Economic Sentiment fell to 3.6 from 19.2 in August. The score was the lowest since October 2023 and also well below forecast of 17.2.
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Amazon Asks Employees To Return To Office 5 Days A Week
Online retail giant Amazon.com Inc. is asking its employees to return to office five days a week, starting January 2025, according to CEO Andy Jassy. In a statement, which was also shared with Amazon employees, he presented a couple of changes to further strengthen the company's culture and teams. Amid the ongoing spread of coronavirus in 2020, Amazon as well as majority of tech companies...
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Antipodean Currencies Rise As European Shares Traded Higher
The Antipodean currencies such as the Australia and New Zealand dollars strengthened against their major currencies in the European session on Tuesday, as European stocks traded higher as a two-day policy meeting of the U.S. Federal Reserve gets underway later today.
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751 hari yang lalu
European Shares Advance Ahead Of Fed, BoE Meetings
European stocks advanced on Tuesday ahead of the Federal Reserve's interest-rate decision on Wednesday and the Bank of England's announcement, due on Thursday.
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751 hari yang lalu
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