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U.S. Consumer Prices Climb Slightly More Than Expected In September

A report released by the Labor Department on Thursday showed consumer prices in the U.S. rose by slightly more than expected in the month of September. The Labor Department said its consumer price index climbed by 0.4 percent in September after increasing by 0.6 percent in August.
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Dollar Mixed Ahead Of U.S. CPI

Dollar Mixed Ahead Of U.S. CPI

At 8:30 am ET Thursday, U.S. weekly jobless claims for the week ended October 7 and consumer inflation data for September are due. Ahead of these data, the greenback traded mixed against its major counterparts. While the currency recovered against the franc, it held steady against the rest of major rivals.
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UK Economy Recovers On Services Output

UK Economy Recovers On Services Output

The UK economy recovered in August solely driven by the rebound in the service sector, while industrial output and construction contracted again, the Office for National Statistics said Thursday. Gross domestic product grew 0.2 percent in August from July, when the economy contracted by revised 0.6 percent. The monthly growth matched expectations.
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Positive Start Likely On Bay Street

Positive Start Likely On Bay Street

Canadian shares may open higher Thursday morning, extending recent gains, amid slightly easing concerns about interest rates. The focus will be on U.S. consumer inflation data for clues about the Federal Reserve's monetary policy.
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Commercial Metals Q4 Adj. EPS Misses Estimates

Commercial Metals Q4 Adj. EPS Misses Estimates

Commercial Metals Co. (CMC) on Thursday reported that net earnings for the fourth quarter declined to $184.17 million or $1.56 per share from $288.63 million or $2.40 per share in the prior-year quarter.
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European Shares Rise As UK GDP Returns To Growth

European Shares Rise As UK GDP Returns To Growth

European stocks traded at three-week highs on Thursday as dovish views from Federal Reserve officials helped ease concerns around inflation and interest-rate hikes.
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CAC 40 Edges Higher Ahead Of US CPI Data

CAC 40 Edges Higher Ahead Of US CPI Data

French stocks rose on Thursday as less hawkish commentaries by some U.S. policymakers including Boston Fed President Susan Collins and her Atlanta counterpart Raphael Bostic helped ease concerns around inflation and interest-rate hikes.
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FDA Forms New Advisory Committee On Digital Health Technologies

FDA Forms New Advisory Committee On Digital Health Technologies

The U.S. Food and Drug Administration has formed a new Digital Health Advisory Committee to help it explore the complex, scientific and technical issues related to digital health technologies or DHTs. The new Digital Health Advisory Committee, which will be fully operational in 2024, will advise the health regulator on issues related to artificial intelligence/machine learning or AI/ML...
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DAX Edges Higher On Dovish Fed Commentary

DAX Edges Higher On Dovish Fed Commentary

German stocks traded higher on Thursday, with dovish comments from Federal Reserve officials and declining bond yields helping underpin sentiment ahead of U.S. CPI data due out later in the day.
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