Stocks have moved mostly higher over the course of the trading day on Thursday, with the Nasdaq and S&P 500 reaching new record intraday highs. The Dow has also moved to the upside after yesterday's dip, climbing back above 50,000. Currently, the major averages are just off their highs of the session.
Partly reflecting a jump in wholesale inventories, the Commerce Department released a report on Thursday showing U.S. business inventories increased by slightly more than expected in the month of March. The report said business inventories climbed by 0.9 percent in March after rising by 0.4 percent in February. Economists had expected business inventories to grow by 0.8 percent.
The Labor Department released a report on Thursday showing a substantial increase in import prices in the U.S. in the month of April. The report said import prices shot up by 1.9 percent in April after climbing by an upwardly revised 0.9 percent in March. Economists had expected import prices to jump by 1.0 percent.
A report released by the Commerce Department on Thursday showed retail sales in the U.S. increased in line with economist estimates in the month of April. The Commerce Department said retail sales climbed by 0.5 percent in April after jumping by a downwardly revised 1.6 percent in March.
First-time claims for U.S. unemployment benefits rose by more than expected in the week ended May 9th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 211,000, an increase of 12,000 from the previous week's revised level of 199,000. Economists had expected jobless claims to rise to 205,000.
The European Commission has proposed new rules to make seamless travel across Europe a reality. The three proposals adopted Wednesday simplify planning and booking for regional, long-distance and cross-border travel, particularly for rail journeys involving multiple operators, and ensure better protection...
The Federal Aviation Administration has announced that it is investing $16.5 million for improving airport safety in the country. With the funds, FAA plans to equip all its airport vehicles with transponders that help air traffic controllers identify and track them on runways and taxiways. The FAA...
4basebio PLC (4BB.L), a biotechnology company, on Thursday announced the appointment of Richard Bungay as Chief Financial Officer, effective July 2026. Bungay succeeds David Roth, who stepped down from the Board earlier this year and remained working with the Company for an orderly handover. As...
Thursday, Thai Beverage Public Company Limited (TBVPF.PK) announced its second-quarter financial results, reporting 8.9 million baht, or 0.29 baht per share, compared to 8.1 million baht, or 0.27 baht per share, last year. Total income for the period totaled 87.3 million baht compared to 86.4 million...
Thursday, Prenetics Global Limited (PRE) announced the appointment of Brian Rosin as U.S. Chief Financial Officer, leading the company's finance organization, IM8. In his new role, Mr. Rosin will be responsible for financial strategy, capital allocation, investor relations support, and the financial...
Stocks may move to the upside in early trading on Thursday, with the tech-heavy Nasdaq poised to add to the strong gain posted in the previous session. The major index futures are currently pointing to a higher open for the markets, as the S&P 500 futures are up by 0.3 percent. Tech stocks may extend...
The Labor Department released a report on Thursday showing a substantial increase by import prices in the U.S. in the month of April. The report said import prices shot up by 1.9 percent in April after climbing by an upwardly revised 0.9 percent in March. Economists had expected import prices to...
A report released by the Commerce Department on Thursday showed retail sales in the U.S. increased in line with economist estimates in the month of April. The Commerce Department said retail sales climbed by 0.5 percent in April after jumping by a downwardly revised 1.6 percent in March. Economists...
First-time claims for U.S. unemployment benefits rose by more than expected in the week ended May 9th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 211,000, an increase of 12,000 from the previous week's revised level of 199,000. Economists...
Iridium Communications Inc. (IRDM), a satellite communications company, on Thursday announced that it has agreed to acquire the remaining 61% of Aireon LLC, a provider of Aviation technology solutions for about $366.7 million, bringing the world's only space-based air traffic surveillance system fully...
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.