Tag: financial news
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Consumers take notice as inflation bites and oil prices top $90 a barrel
U.S. benchmark crude-oil has climbed to its highest price of the year, topping $90 a barrel, with costs for diesel reaching the highest in months as U.S. inflation stays high — and consumers are starting to take notice. On Friday, the October contract for West Texas Intermediate crude CL.1 CLV23 settled at $90.77 a barrel, ... -
Brokers Forecast SHKP Full-Yr Underlying Profit to Fall Over 4%-8% YoY, Div. Flat YoY AASTOCKS Financial News
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Fed rate hikes can end now that U.S. job gains are the size of an economy like Australia’s, says BlackRock
Last Updated: Sept. 1, 2023 at 5:53 p.m. ET First Published: Sept. 1, 2023 at 1:11 p.m. ET The Federal Reserve can probably end its inflation fight now that the U.S. labor market is cooling after generating a historic 26 million jobs in roughly the past three years, according to BlackRock’s Rick Rieder. “In fact, ... -
Brokers Expect XIAOMI Interim Adj. NP to Hike 47%, Focus on Guidance for Handset Competition & EV AASTOCKS Financial News
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Central Bank of Azerbaijan working out details to re-open currency exchange offices (Exclusive)
BAKU, Azerbaijan, August 12. The Central Bank of Azerbaijan (CBA) is carrying out appropriate work to determine the requirements and conditions for the opening of currency exchange offices, the Central Bank of Azerbaijan told Trend. The requirements for issuing a license for currency exchange activities are determined by the law of the Republic of Azerbaijan ... -
Brokers’ Post-result Ratings, TPs, Views on CHINA TELECOM (00728.HK) (Table) AASTOCKS Financial News
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Azerbaijani currency rates for August 7
BAKU, Azerbaijan, August 7. The official exchange rate of the US dollar and euro against the Azerbaijani manat as of August 7, 2023, was set at 1.7 and 1.8692 manat, respectively, Trend reports. The manat rate to other global currencies for Monday, according to the Central Bank of Azerbaijan (CBA): Currencies 1 US dollar USD ... -
U.S. dollar falls to over one-year low as inflation slows again in June
Last Updated: July 12, 2023 at 12:53 p.m. ET First Published: July 12, 2023 at 11:15 a.m. ET The U.S. dollar fell Wednesday after the consumer-price index for June showed the rate of inflation slowing to the lowest level since 2021. The ICE U.S. Dollar Index DXY, a measure of the currency against a basket ... -
Meta, Bank of America, Affirm, AmEx, JetBlue, and More Stock Market Movers
Meta Platforms (ticker: META) launched Threads, its rival to Twitter, on Wednesday evening, a day earlier than the release of the microblogging app had been expected. CEO Mark Zuckerberg announced that more than 10 million people had registered for the app in just seven hours after it launched. Shares of Meta , the parent company ... -
Micron, JPMorgan Chase, Overstock.com, Virgin Galactic, and More Stock Market Movers
Stocks closed mixed Thursday after first-quarter gross domestic product was revised higher and weekly jobless claims declined more than expected, signaling a resilient U.S. economy. Micron Technology (ticker: MU) reported a fiscal third-quarter loss that was narrower than expected by analysts. The memory-chip maker issued a fourth-quarter revenue forecast of about $3.9 billion, plus or ...
