Berita Valas
U.S. Productivity Jump Unrevised At 3.2% In Q4, Labor Cost Growth Downwardly Revised To 0.4%
Labor productivity in the U.S. saw an unrevised jump in the fourth quarter of 2023, according to a report released by the Labor Department on Thursday. The Labor Department said labor productivity shot up by 3.2 percent in the fourth quarter, unchanged from the previous estimate. Economists had expected the surge in productivity to be downwardly revised to 3.1 percent.
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U.S. Weekly Jobless Claims Unchanged From Upwardly Revised Level
A day ahead of the release the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits came in unchanged from an upwardly revised level in the week ended March 2nd. The Labor Department said initial jobless claims came in at 217,000, unchanged from the previous week's revised level.
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FDA Warns Against Cinnamon Products For Elevated Lead Levels
The U.S. Food and Drug Administration, amid the ongoing reports of lead poisoning in young children, announced several additional steps to address concerns about elevated lead levels in various cinnamon products. The agency also recommended recall of certain ground cinnamon products sold by a number of brands at six different retail chains that were found to contain elevated levels of lead.
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ECB Leaves Key Interest Rates Unchanged, Cuts EZ Forecast
The European Central Bank left the key interest rates unchanged on Thursday and lowered both the inflation and growth forecast for the euro area for this year. The Governing Council, led by ECB President Christine Lagarde, maintained the main refinancing rate, or refi, at 4.50 percent, as expected.
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U.S. Labor Productivity Jump Unrevised In Q4, Labor Cost Growth Downwardly Revised
Labor productivity in the U.S. saw an unrevised jump in the fourth quarter of 2023, according to a report released by the Labor Department on Thursday.
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939 hari yang lalu
Bay Street Looks Headed For Positive Start
Canadian shares are likely to open higher Thursday morning, tracking positive lead from Europe, and higher bullion prices. Federal Reserve Chair Jerome Powell's testimony before the Senate Committee on Banking, Housing, and Urban Affairs will be in focus.
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U.S. Trade Deficit Widens In January Amid Jump In Imports
The Commerce Department released a report on Thursday showing the U.S. trade deficit widened in the month of January.
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Berita lainnya
U.S. Weekly Jobless Claims Unchanged At 217,000
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits came in unchanged from an upwardly revised level in the week ended March 2nd.
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939 hari yang lalu
Kroger Guides FY24 Adj. EPS In Line With Estimates - Update
While reporting financial results for the fourth quarter on Thursday, supermarket chain Kroger Co. (KR) initiated its adjusted earnings and identical sales outlook for the full-year 2024. Identical sales growth for the fourth quarter, without fuel, decreased 0.8 percent, with underlying growth of 0.1 percent.
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Euro Dips After ECB Decision
As expected, the European Central Bank kept the main refinancing rate unchanged at 4.50 percent. Following the decision, the euro dipped against its major counterparts.
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Euro Mixed Ahead Of ECB Decision
The European Central Bank will announce interest rate decision at 8:15 am ET Thursday. The ECB is set to keep its benchmark rates unchanged as it awaits strong evidence of receding inflation.
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Merck KGaA Posts Weak FY23 Results; Sees Organic Growth In FY24
German science and technology major Merck KgaA reported Thursday weak profit and sales in fiscal 2023 amid a challenging market environment. Higher sales in Healthcare business sector were more than offset by weakness in Life Science and Electronics. Looking ahead for fiscal 2024, Merck expects return to organic growth with slight to moderate organic growth in sales and EBITDA pre, with Healthca
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Superior Industries Guides FY24 Net Sales Below Estimates; Slips To Loss In Q4
While reporting financial results for the fourth quarter on Thursday, aluminum wheel supplier Superior Industries International, Inc. (SUP) initiated net sales guidance for the full-year 2024, below analysts' estimates.
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