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U.S. Wholesale Inventories Rise In Line With Estimates In October

A report released by the Commerce Department on Thursday showed wholesale inventories in the U.S. increased in line with economist estimates in the month of October. The Commerce Department said wholesale inventories rose by 0.2 percent in October after climbing by 0.5 percent in September. The uptick matched expectations.
RTTNews | 248 days ago
U.S. Labor Productivity Surges 4.9% In Q3, Much More Than Expected

U.S. Labor Productivity Surges 4.9% In Q3, Much More Than Expected

Labor productivity in the U.S. grew by much more than expected in the third quarter of 2025, according to a report released by the Labor Department on Thursday. The Labor Department said labor productivity soared by 4.9 percent in the third quarter after spiking by an upwardly revised 4.1 in the second quarter.
RTTNews | 248 days ago
U.S. Trade Deficit Shrinks To Smallest In Over 16 Years In October

U.S. Trade Deficit Shrinks To Smallest In Over 16 Years In October

The Commerce Department released a report on Thursday unexpectedly showing a significant decrease in the size of the U.S. trade deficit in the month of October. The report said the trade deficit narrowed to $29.4 billion in October from a downwardly revised $48.1 billion in September. Economists had expected the trade deficit to increase to $58.9 billion.
RTTNews | 248 days ago
U.S. Weekly Jobless Claims Inch Up Slightly Less Than Expected

U.S. Weekly Jobless Claims Inch Up Slightly Less Than Expected

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits edged up by slightly less than expected in the week ended January 3rd. The Labor Department said initial jobless claims crept up to 208,000, an increase of 8,000 from the previous week's revised level of 200,000. Economists had expected jobless claims to rise to 210,000.
RTTNews | 248 days ago
Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Thursday.
RTTNews | 248 days ago
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U.S. Weekly Jobless Claims Inch Up To 208,000

U.S. Weekly Jobless Claims Inch Up To 208,000

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits edged up by slightly less than expected in the week ended January 3rd.
RTTNews | 248 days ago
Commodity Currency's Slide As European Shares Subdued Amid Geopolitics

Commodity Currency's Slide As European Shares Subdued Amid Geopolitics

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the European session on Thursday, amid increased risk-off sentiment as investors monitored the latest U.S.-Venezuela developments and awaited upcoming U.S. labor market data for additional clues on the Federal Reserve's trajectory.
RTTNews | 248 days ago
Bay Street Likely To Open Lower

Bay Street Likely To Open Lower

Canadian stocks may open on a negative note Thursday morning, tracking falling precious metals prices. Energy stocks may find support and limit market's downside.
RTTNews | 248 days ago
NZ Dollar Slides Against Majors

NZ Dollar Slides Against Majors

The New Zealand dollar weakened against other major currencies in the European session on Thursday.
RTTNews | 248 days ago

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