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construction spending 120122 The Commerce Department released a report on Thursday showed U.S. construction spending decreased in line with economist estimates in the month of October. The report said construction spending fell by 0.3 percent to an annual rate of $1.795 trillion in October after inching up by 0.1 percent to a revised rate of $1.800 trillion in September.

ism pmi 120122 Activity in the U.S. manufacturing sector contracted for the first time in over two years in the month of November, according to a report released by the Institute for Supply Management on Thursday. The ISM said its manufacturing PMI slipped to 49.0 in November from 50.2 in October, with a reading below 50 indicating a contraction.

personal income 120122 The Commerce Department released a report on Thursday showing U.S. personal income increased by more than expected in the month of October. The report said personal income climbed by 0.7 percent in October after rising by 0.4 percent in September. Economists had expected another 0.4 percent increase.

jobless claims 120122 A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits pulled back by more than expected in the week ended November 26th. The report said initial jobless claims fell to 225,000, a decrease of 16,000 from the previous week's revised level of 241,000.

Hyundai Motor America reported total November sales of 63,305 units, a 43% increase from November 2021. Hyundai's retail sales were 56,592 units, representing a 28% year-over-year increase from November 2021. This was a record November retail sales month led by Elantra HEV (+733%), Kona EV (+113%),...

railworkersstrike dec1 The House of Representatives has passed a bill to implement a tentative agreement aimed at averting a national rail shut down with bipartisan support. With 79 Republican Representatives joining Democrats in voting in support, the resolution was approved by a 290-137 vote. Another resolution, to increase the number of paid sick leave in the contract from one to seven days, was passed by 221 to 20

Hyundai Motor America reported Thursday that it sold a total of 63,305 units in the month of November, up 43 percent from last year's 44,345 units, driven by new November sales records for Elantra HEV, Santa Cruz, Santa Fe, Santa Fe HEV, Tucson, Tucson HEV and Kona EV. Hyundai's retail sales of 56,592...

dollar general biglots 120122 Retailers Dollar General Corp. (DG) and Big Lots, Inc. (BIG) reported Thursday results for the third quarter, with profit at Dollar General increasing from last year, while Big Lots reported a sharply wider loss than last year. The bottom line at both the retailers missed analysts' estimates.

wallstreet oct05 01dec22 After moving sharply higher over the course of the previous session, stocks are likely to see further upside in early trading on Thursday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.5 percent.

Roivant Sciences (ROIV) and Pfizer Inc. (PFE) Thursday announced formation of a new Vant to develop and commercialize PF-06480605. The company said RVT-3101 is a fully human monoclonal antibody targeting TL1A targeting ulcerative colitis. The drug candidate is currently in Phase 2b development. RVT-3101...

The Commerce Department released a report on Thursday showing U.S. personal income increased by more than expected in the month of October.

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits pulled back by more than expected in the week ended November 26th.

Moody's Corporation (MCO) said on Thursday that it has agreed to buy SCRiesgo, a group of local credit rating agencies focused on domestic financial markets in Central America and the Dominican Republic. Financial terms of the deal are not known. The transaction, expected to be closed in the second...

The U.S. dollar weakened against its major rivals in the European session on Thursday, following Federal Reserve Chair Jerome Powell's comments indicating a slower pace of rate hikes from this month. Powell said that the central bank may decelerate the size of rate hikes when it meets later this month. It...

Adaptive Biotechnologies Corp. (ADPT) Thursday announced the launch of its clonoSEQ Assay to detect minimal residual disease in blood for patients with diffuse large B-cell lymphoma or DLBCL. The commercial-stage biotechnology company said clonoSEQ can assess a patient's MRD status in DLBCL by measuring...

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