News/Event
The Ibovespa fell 0.4% to close at 175,063 on Thursday, pressured by expectations of higher interest rates.Brazil’s IGP-M rose 0.84% in May, slightly above forecasts, while Citi raised its year-end Selic rate projection to 13.75% from 13.25%.Meanwhile, the unemployment rate fell to 5.8% in the roll…
By Jamie McGeeverThe S&P 500 and Nasdaq forged new record highs on Thursday, and the dollar and Treasury yields fell after the U.S. and Iran agreed to extend their ceasefire, while investors also digested the latest U.S. inflation and revised economic growth figures.In my column today, I look at th…
(TheNewswire)Vancouver, BC – May 28, 2026 – TheNewswire – Panorama Capital Corp.(TSX.V: PANO.P) (“Panorama” or the“Company”) is pleased to provide an update related to: (i) theexploration program of Mogul Mountain Ventures Corporation(“Mogul”), a private Nevada-focused gold-silver mineralexploratio…
SAVANNAH, GA / ACCESS Newswire / May 28, 2026 / Capital Development Partners is pleased to announce the lease of 1.1 million square-feet (SF) at its mega cross dock facility near the Port of Savannah to a major U.S. manufacturer. Strategically located on Veterans Parkway in Savannah, the 1.1 millio…
Net sales up 1% compared to last yearComparable sales up 2%, positive for ninth consecutive quarterGross margin of 40.5%, exceeded outlookReturned $464 million in cash to shareholders in the form of share repurchases and dividendsRaises full year earnings per share outlookSAN FRANCISCO, May 28, 202…
Apparel retailer Gap NYSE:GAP cut its annual sales forecast on Thursday, signaling pressure from budget-strained Americans pulling back on discretionary spending amid macroeconomic uncertainty, sending shares down about 13% after the bell.The company, which is undergoing a turnaround, joined afford…
By Tom PolansekThe U.S. Federal Trade Commission said on Thursday it has been investigating fertilizer prices, which spiked after the start of the U.S.-Israeli war on Iran.Soaring prices for fertilizer and fuel due to the conflict have pinched farmers as they have planted corn and other crops, and…
By Maria TsvetkovaNew York State Governor Kathy Hochul on Thursday signed a state budget that includes a progressive surcharge on luxury second homes in New York City, a move backed by Mayor Zohran Mamdani and expected to generate $500 million per year for the largest U.S. city.The new "pied-a-terr…
PVH Corporation PVH is likely to post a year-over-year increase in its top line when it reports first-quarter fiscal 2026 results on June 3, after market close. The Zacks Consensus Estimate for quarterly revenues is pegged at $2 billion, indicating a rise of 0.7% from the prior-year number.Although…
Yields on benchmark U.S. Treasury notes fell on Thursday as the United States and Iran reached an agreement on a memorandum of understanding to extend their ceasefire for another 60 days, a step toward ending their three-month-old war.Earlier, yields had eased off session highs following a batch of…
WASHINGTON (dpa-AFX) - After coming under pressure early in the session, treasuries showed a significant turnaround over the course of the trading day on Thursday.Bond prices climbed well off their early lows and into positive territory. Subsequently, the yield on the benchmark ten-year note, which…
By Ann SaphirA growing number of U.S. central bankers say there may be a case for raising interest rates if inflation does not ease soon, even as they express skepticism over the power of AI to help that process along.The combination sets the table for a heated debate at Federal Reserve Chairman Ke…
By Doyinsola OladipoRising airfares and hotel rates are making budget-conscious Americans delay or cancel summer trips while wealthy travelers are holding fast to vacation plans despite higher prices.The trend underscores a growing divide in what had been a resilient post-pandemic travel rebound, a…
By David ShepardsonThe U.S. Postal Service said Thursday it is suspending non-essential spending on travel, office supplies and consultants as it faces a mounting cash crisis.Postmaster General David Steiner told officers in a memo dated Tuesday seen by Reuters that the moves were "to protect core…
All dates are in local time Friday, May 29, 2026 Exp Prev Local/GMT/ET 0900/1200/0800 BRA Q1 GDP GDP, Q/Q% +0.1% GDP, Y/Y…
By Tom PolansekThe U.S. Federal Trade Commission said on Thursday it has been investigating increased fertilizer prices following a spike due to the war in Iran.Soaring prices for fertilizer and fuel due to the conflict have pinched farmers as they plant crops such as corn and grapple with a resurg…
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By Saurabh Sharma and Tora AgarwalaThe largest online expression of dissent against Indian Prime Minister Narendra Modi’s 12-year rule began with a satirical riposte to a jibe about young people, triggering death threats to its founder and pushback from ruling party politicians.The rapid fame of 3…
INDIVIDUAL INVESTOR SENTIMENT IMPROVES, BUT CONFIDENCE IN THE CONSUMER IS LACKING - AAIIOptimism among individual investors made a bit of a comeback in the latest American Association of Individual Investors (AAII) Sentiment Survey, while both pessimism and neutral views pulled back.That said, ther…
The U.S. Postal Service said Thursday it is suspending non-essential spending on travel, office supplies, consultants and in other areas as it faces a mounting cash crisis.Postmaster General David Steiner told officers in a memo dated Tuesday seen by Reuters that the moves were "to protect core ope…
By Nicholas G. MillerGeorgia Power, the largest electric subsidiary of Southern Company, will lower overall rates for customers following approval from the Georgia Public Service Commission.The plan will lower costs by $50 a year, or $4.04 a month, for the typical residential customer using an aver…
By Nicholas G. MillerGeorgia Power, the largest electric subsidiary of Southern Company, will lower overall rates for customers following approval from the Georgia Public Service Commission.The plan will lower costs by $50 a year, or $4.04 a month, for the typical residential customer using an aver…
The U.S. Department of the Treasury said on Thursday it had launched Trump Accounts on app stores nationwide, advancing a policy initiative that aims to create millions of investment accounts for children.People who signed up for the accounts began receiving emails to activate them and download the…
St Louis Federal Reserve President Alberto Musalem on Thursday said that he was one of several U.S. central bankers last month who felt the Fed should remove the "easing bias" from its post-meeting statement, opening up the possibility of a rate hike."I supported the interest rate decision, but I t…
NEW YORK, May 28 (Reuters) - The amount of U.S. commercial paper contracted in the week ended May 27 Federal Reserve data showed on Thursday. U.S. seasonally adjusted commercial paper outstanding fell $40.4 billion to $1.391 trillion in the latest week. Non-seasonally adjusted commercial pape…
OG coin is at its weakest since mid-April after BlackRock’s BTC vehicle registered a $1.3 billion exit.? ETF Exodus Hits Bitcoin Hard? BlackRock Whale Makes Waves⚠️ Macro Jitters Join the Party
Demand for protein-rich foods has remained strong despite inflation and a spike in fuel prices weighing on consumers, Hormel Foods President John Ghingo says on CNBC. He describes consumers as "strained" and seeking value from their purchases, noting that traffic is slow in away-from-home food chan…
Gold (XAU/USD) stages a comeback, surging over 1.20% on Thursday after rebounding from two-month lows near $4,366, as market sentiment improves on speculation of a peace deal between the US and Iran. At the time of writing, XAU/USD trades at $4,500.
It’s the busiest morning for economic data in recent memory. Pre-market futures are coming up in tandem following this cavalcade of reports, but still in the red as of this hour: the Dow is -81 points, -0.16%, the S&P 500 -4 points, -0.06%, the Nasdaq -23, -0.08% and the small-cap Russell 2000 -2…
On the macroeconomic calendar, the Nationwide house price index for May is scheduled for release at 0700 BST.The last set of figures from Nationwide showed that house prices unexpectedly rose in April despite consumer confidence taking a hit from the Iran war.House prices ticked up 0.4% on the mont…
The average rate on a 30-year fixed-mortgage inched higher by 2bps from the previous week to 6.53% on the last week of May, according to data compiled by Freddie Mac.It was the highest level in nine months.The jump took place despite the pullback in long-term Treasury yields over the period as sign…
The Dutch government said on Thursday it had tasked state-owned energy company EBN to start filling gas reserves in the Netherlands for the winter, as gas companies were reluctant to do so because of high prices.
Swiss generic drugmaker Sandoz SIX:SDZ filed a draft anti-dumping complaint with the European Commission over Chinese imports of the antibiotic ingredient amoxicillin, part of the penicillin family, the company said on Thursday.
0900 ET - Treasury yields decline as a slew of data corroborates U.S. inflation concerns while giving mixed signals about economic activity. Durable goods orders grow 7.9% in April, easily beating the 3.5% WSJ consensus, but the number was influenced by a jump in nondefense aircraft equipment order…
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By Ann SaphirSt. Louis Federal Reserve President Alberto Musalem on Thursday said the central bank may need to increase its policy rate if inflation does not resume easing within the next six months, adding his voice to an increasingly hawkish cohort of Fed policymakers just as Kevin Warsh takes th…
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WASHINGTON (dpa-AFX) - A report released by the Energy Information Administration on Thursday showed crude oil inventories in the U.S. decreased by less than expected in the week ended May 22nd.The EIA said crude oil inventories slid by 3.3 million barrels last week after plunging by 7.9 million ba…
Commerzbank’s FX analysts flag that USD/THB slipped to 32.55 on portfolio inflows, even as Thailand’s April trade deficit widened to a record USD10.0bn.
Thursday, May 28th, 2026It’s the busiest morning for economic data in recent memory. Pre-market futures are coming up in tandem following this cavalcade of reports, but still in the red as of this hour: the Dow is -81 points, -0.16%, the S&P 500 -4 points, -0.06%, the Nasdaq -23, -0.08% and the sma…
By Nicole FriedmanMortgage rates climbed again this week, keeping home-buying activity subdued during the most important time of year for home sales.The average rate for a 30-year fixed mortgage rose to 6.53% this week, up from 6.51% last week and the highest level since August, Freddie Mac said Th…
Primary Mortgage Market Survey®MCLEAN, Va., May 28, 2026 (GLOBE NEWSWIRE) -- Freddie Mac OTCQB:FMCC today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.53%.“The 30-year fixed-rate mortgage averaged 6.53% this week,” sai…
50% CHANCE OF RAIN: GDP, PCE, JOBLESS CLAIMS, DURABLE GOODS, NEW HOME SALESThe data dam burst on Thursday, inundating investors with mostly damp economic indicators.The U.S. economy grew by 1.6% at a quarterly annualized rate in the first three months of 2026, weaker than the initially reported 2.0…
The dollar index fell to 99 on Thursday, retreating from session highs near 99.5, after Axios reported that the US and Iran had reached an agreement to extend the ceasefire, pending approval from President Donald Trump.The dollar was already under pressure following the release of the latest PCE re…
Brazilian state-run oil company Petrobras BMFBOVESPA:PETR3 will hike the price of gasoline sold to distributors starting Friday, the company said in a statement on Thursday.Petrobras will raise prices at its refineries by 0.48 real ($0.0952) per liter, but then offer a 0.44-real discount due to gov…
By Ashitha ShivaprasadGold prices reversed course to rise on Thursday, rebounding from a two‑month low hit earlier in the session, as the U.S. dollar and oil prices eased following a report that said the United States and Iran were working to extend a ceasefire.Spot gold TVC:GOLD was up 0.5% at $4…
WASHINGTON (dpa-AFX) - After reporting a sharp increase in new home sales in the U.S. in the previous month, the Commerce Department released a report on Thursday showing new home sales pulled back by much more than expected in the month of April.The Commerce Department said new home sales plunged…
HBL Engineering Ltd said it has received a letter of acceptance from Chittaranjan Locomotive Works (CLW) for the supply, installation, testing and commissioning of on-board Kavach loco equipment.The contract value is ₹1,714 crore, excluding 18% GST, the company said. The order is to be executed wit…
WASHINGTON (dpa-AFX) - Revised data released by the Commerce Department on Thursday showed the U.S. economy grew by less than previously estimated in the first quarter of 2026.The report said real gross domestic product shot up by 1.6 percent in the first quarter, reflecting a downward revision fro…
WARSAW, May 28 (Reuters) – POLONIA the reference rate for Overnight deposits amounted to 3.65 percent.The volume of transactions concluded till 16:30 by banks participating in POLONIA fixing amounted to 950 mln PLN.Note: Description of reference rate at:https://www.nbp.pl/((warsaw.newsroom@reuters…
WASHINGTON (dpa-AFX) - A report released by the Commerce Department on Thursday showed new orders for U.S. manufactured durable goods soared by much more than expected in the month of April.The Commerce Department said durable goods orders spiked by 7.9 percent in April after jumping by an upwardly…
By Anne TergesenGen Z is the Roth generation.The youngest savers are flocking to Roth individual retirement accounts, taking advice from their parents and social-media influencers touting the tax-free growth the accounts offer.The detailsAmong Gen Z investors, total IRA contributions grew 65% year…
The United States and Iran have reportedly reached a deal to extend the ongoing ceasefire for 60 days, but the final approval from President Donald Trump is still pending.According to an Axios report, once the deal is approved by President Trump, the two sides will launch negotiations with respect…
German 10-year Bund yields reversed earlier gains to fall back toward 2.96%, nearing their lowest level since April 8, as easing oil prices helped soften inflation concerns amid renewed optimism over Middle East diplomacy.According to Axios, US and Iranian negotiators have reportedly agreed on a 60…
WASHINGTON (dpa-AFX) - The Commerce Department released a report on Thursday showing consumer prices in the U.S. increased by slightly less than expected in the month of April.The report said the personal consumption expenditures (PCE) price index rose by 0.4 percent in April after climbing by 0.7…
South Africa’s 10-year bond yield was around 8.40%, the lowest since April 20, as traders weighed lingering geopolitical uncertainty, while also assessing the latest monetary policy decision.Mixed signals continued from both the US and Iran on progress in negotiations to end the Middle East war and…
Colombia’s industrial confidence indicator rose by 0.4 percentage points to 1.9% in April 2026 from the previous month.The increase was mainly driven by a 4.2 pp rise in production expectations for the next quarter to 19.6%.This was partially offset by a 3.0 pp decline in current order volume to -2…
Yields on benchmark U.S. Treasury notes fell late Thursday morning following a media report that the United States and Iran had made a breakthrough in their efforts to end their three-month-old war.The news site Axios reported Washington and Tehran had reached an agreement on a memorandum of unders…
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Poland extended measures to lower fuel prices by two weeks until June 15, government regulations published on Thursday showed, as the country continues to take action to mitigate the effects of the war in the Middle East on fuel prices.
Sales of new single-family homes in the US fell by 6.2% from the previous month to an annualized rate of 622 thousand units in April of 2026, below market expectations of 670,000 units sold to reflect the lowest level in three months.Sales fell sharply in the south (-9.8% to 370,000), the Midwest…
The Ibovespa fell more than 0.5% to 175,000 on Thursday amid the outlook of high interest rates and renewed geopolitical tensions.Oil prices rebounded after Iran said it had attacked a US air base in response to fresh US strikes, reviving stagflation fears and pushing bond yields higher globally.Al…
-- Source link: https://tinyurl.com/pzfeu8a4-- Note: Reuters has not verified this story and does not vouch for its accuracy
The South African rand was slightly stronger on Thursday afternoon, as the central bank raised its key interest rate and data showed a sharp pick-up in producer inflation in April.
April Personal Consumption Expenditures (PCE) inflation matched the 3.8% year-over-year forecast, its highest reading since May 2023. Bitcoin BITSTAMP:BTCUSD slid toward $73,300 as the print pushed the Fed’s preferred gauge further from its 2% target.Core PCE rose 3.3% on the year, also in line wit…
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St. Louis Federal Reserve President Alberto Musalem on Thursday offered a skeptical view of the expectation that artificial intelligence will reduce inflation by fueling a surge in productivity, arguing it would be a mistake for the U.S. central bank to count on that possibility by easing monetary…
A liquefied natural gas carrier has departed from a Russian outlet and sailed east towards Asia, LSEG data showed on Thursday, the first tanker this year to set sail along the Northern Sea Route as navigation along the route opens earlier than usual.Russia hopes to boost trade with Asia along the r…
WASHINGTON (dpa-AFX) - A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rose by slightly more than expected in the week ended May 23rd.The Labor Department said initial jobless claims climbed to 215,000, an increase of 5,000 from the prev…
Years of warnings from some economists and lawmakers of a loan-loss crisis at Canadian banks stemming from a wave of mortgage renewals appear to be for naught. Concern mounted recently about 5-year mortgage loans taken out at low rates at the start of the decade needed to renewed at sharply higher…
By Jessica CoacciThe rate of new home sales fell in April. Here are the main takeaways from the report released by the Census Bureau and the Department of Housing and Urban Development Thursday:-The estimate for new houses for sale was 489,000 in April, compared with 481,000 in March, the Commerce…
WASHINGTON (dpa-AFX) - After reporting a sharp increase in new home sales in the U.S. in the previous month, the Commerce Department released a report on Thursday showing new home sales pulled back by much more than expected in the month of April.The Commerce Department said new home sales plunged…
By Alexandra WexlerJOHANNESBURG--The South African Reserve Bank decided to raise its main repo rate to 7% from 6.75% on Thursday as it braces for higher global uncertainty due to the war in Iran as well as higher inflation.The bank expects this uncertainty to hit both investment and household consu…
Trump administration officials have reportedly proposed including President Donald Trump’s portrait on a new $250 bill.According to a report by The Washington Post, Trump administration officials have repeatedly urged the Bureau of Engraving and Printing to prepare prototypes of the $250 note.The p…
REYKJAVIK (dpa-AFX) - Consumer price inflation in Iceland moderated slightly in May to the lowest level in five months, preliminary data from Statistics Iceland showed on Thursday.The consumer price index rose 5.1 percent year-on-year in May, slightly slower than the 5.2 percent rise in April. The…
By Michael S. DerbyFederal Reserve Bank of New York President John Williams said on Thursday central bank monetary policy is in the right place given the outlook, adding he expects inflation to be high in the near term with the pressures easing later in the year.“Right now monetary policy for the F…
(14:00 GMT) *US Apr New Home Sales -6.2% To 622K; Consensus 663.0K (14:00 GMT) *US Mar New Home Sales Revised To 663K From 682.0K (14:00 GMT) *US Apr New Home Sales Supply At 9.4 Months (14:11 GMT) U.S. New Home Sales Fell in AprilBy Jessica CoacciThe rate of new home sales fell in April. Here are…
Goldman Sachs Group Inc NYSE:GS:
The seasonally adjusted industrial confidence indicator in Spain inched higher to -3.7 in May of 2026 from the seven-month low of -4.9 in April.Pessimism around new orders softened (-6.8 vs -9 in April) despite remaining elevated, as energy prices stabilized below their peak following the war in Ir…
Statistics Canada released its monthly Survey of Employment, Payrolls and Hours report today, painting a picture of a stabilizing Canadian labour landscape.A core highlight of the release was the holding pattern observed in Canadian job openings. Total job vacancies held steady at 500,300 for the m…
By Promit Mukherjee and David Ljunggren OTTAWA, May 28 (Reuters) - The Canadian financial system is in good shape but vulnerabilities are growing amid a highly volatile economic and geopolitical environment, the Bank of Canada said on Thursday. "Our overall view is that the Canadian financial…
OTTAWA, May 28 (Reuters) - The Bank of Canada released the following statement by senior deputy governor Carolyn Rogers and deputy governor Toni Gravelle on Thursday: "Good morning. Deputy Governor Toni Gravelle and I are pleased to be here to discuss the Bank of Canada’s Financial Stability Rep…
Yields on benchmark U.S. Treasury notes retreated from earlier highs on Thursday morning following a batch of mixed economic data showing weaker growth, softening consumer income, steady inflation and falling orders in a key durable goods category.Meanwhile markets continued to shrug off persistent…
By Andrea FiguerasMichelin plans to cut jobs in its home market France to curb costs, saying up to 1,500 positions could fall away over three years."In a global environment marked by shrewd international competition and heightened macroeconomic and geopolitical tensions, the Michelin Group is pursu…
Estimated U.S. economic growth for the first quarter was revised lower on Thursday and a closely watched measure of price pressures came in largely in line with expectations. U.S. markets opened slightly lower.Gross domestic product increased at a 1.6% annualized rate last quarter, the Commerce Dep…
Yields on U.K. government bonds decline, along with their U.S. equivalents, following a weaker-than-expected second estimate for first-quarter U.S. GDP growth. The data shows the U.S. economy expanded by 1.6% in the first quarter, weaker than the 2% consensus forecast by economists in a WSJ poll. U…
A robust 7.9% increase in April durable goods orders looks less impressive when transportation items are excluded. The category, which includes aircraft, typically carries big dollar figures even for small volumes. New orders of transportation equipment rose 21.5% in April, versus 1.7% in March. Th…
By Alexandra WexlerJOHANNESBURG--The South African Reserve Bank decided to raise its main repo rate to 7% from 6.75% on Thursday as it braces for higher global uncertainty due to the war in Iran as well as higher inflation.The bank expects this uncertainty to hit both investment and household consu…
The South African Reserve Bank raised its key repo rate by 25 bps to 7% on May 28, 2026, as widely expected, marking its first rate hike since 2023.Four of the six members of the MPC backed the decision, while two voted to hold.The committee said inflation risks had intensified and warned that larg…
Average weekly earnings of Canadian non-farm payroll employees rose 3.5% year-on-year to C$1,333 in March 2026, accelerating from a 2.8% increase in February.The strongest gains were recorded in utilities (9%), information and cultural industries (7%), and transportation and warehousing (6.2%).In c…
Russia plans to cut its oil-price threshold for topping up a reserves fund to $50 per barrel from 2027, Russian media outlet RBC reported on Thursday, citing two sources familiar with the discussions.The cut-off price is the level above which extra oil revenues are paid into a fund that can be ta…
All dates are in local time Friday, May 29, 2026 Exp Prev Local/GMT/ET 0900/1200/0800 BRA Q1 GDP GDP, Q/Q% +0.1% GDP, Y/Y…
US gross domestic product increased at a year-on-year rate of 1.6% over the first three months, marking an acceleration from the 0.5% growth registered in the fourth quarter of 2025.However, this was well below the 2.0% growth initially reported at the end of April – which itself was below the 2.3…
Wall Street and currency markets remained cautious on Thursday after revised government data showed the US economy expanded more slowly than previously estimated during the first quarter of 2026.The US Commerce Department said gross domestic product (GDP) grew at an annualized rate of 1.6% in the J…
By Michael S. DerbyFederal Reserve Bank of New York President John Williams said on Thursday central bank monetary policy is in the right place given the outlook, adding he expects inflation to be high in the near term with the pressures easing later in the year.“Right now monetary policy for the F…
By Ashitha ShivaprasadGold trimmed losses on Thursday following the release of U.S. April inflation data, but prices were still down for a third straight session as skepticism over a U.S.–Iran deal clouded the interest rate outlook.Spot gold TVC:GOLD was down 0.6% at $4,428.69 per ounce as of 9:16…
United States 7-Year Note Auction: 4.29% vs 4.175%
The Australian Dollar advances some 0.25% on Thursday on reports that Iran and the US reached a deal, as economic data in the US revealed that the economy grew at a slower pace than projected. At the time of writing, the AUD/USD trades at 0.7158, after bouncing off daily lows of 0.7097.
Treasury yields decline as a slew of data corroborates U.S. inflation concerns while giving mixed signals about economic activity. Durable goods orders grow 7.9% in April, easily beating the 3.5% WSJ consensus, but the number was influenced by a jump in nondefense aircraft equipment orders. A secon…
The yield on the US 10-year Treasury note traded below 4.5% on Thursday, retreating from session highs of 4.53%, as investors continued to assess the evolving situation in the Middle East and conflicting signals surrounding a potential agreement between the US and Iran that could end the war and re…
The dollar index hovered near 99.2 as investors assessed the latest developments in the Middle East and mixed signals over a possible US Iran agreement that could end the war and reopen the Strait of Hormuz.Inflation data added to the uncertainty, with headline and core PCE readings rising 0.4% and…
S&P 500 FUTURES MUTED AFTER MIXED PCE, DATA DELUGEU.S. stock futures have firmed up slightly after a fresh wave of economic data, including the latest PCE inflation report.S&P 500 E-mini futures (EScv1) are now roughly flat, a slight improvement from the roughly 0.2% drop seen just before the data…
WASHINGTON (dpa-AFX) - Revised data released by the Commerce Department on Thursday showed the U.S. economy grew by less than previously estimated in the first quarter of 2026.The report said real gross domestic product shot up by 1.6 percent in the first quarter, reflecting a downward revision fro…
MEXICO CITY (dpa-AFX) - The Office of the United States Trade Representative has announced that the United States and Mexico will hold a series of bilateral negotiating rounds related to the first Joint Review of the United States-Mexico-Canada Agreement, or USMCA.On May 28-29, Deputy US Trade Repr…
Estimated U.S. economic growth for the first quarter was revised lower on Thursday and a closely watched measure of price pressures came in largely in line with expectations, setting markets up for a placid open.Gross domestic product increased at a 1.6% annualized rate last quarter, the Commerce D…
A number of ECB members viewed the April decision to keep rates unchanged as a close call and indicated they would have supported a rate hike had it been proposed, according to the latest ECB meeting minutes.Policymakers warned that the energy-driven supply shock was proving more persistent than pr…
US personal spending increased by 0.5% month-on-month in April 2026, or $111.1 billion, slowing from an upwardly revised 1% gain in March and matching market expectations.Spending on goods rose by $44.0 billion, primarily driven by a $28.8 billion surge in gasoline and other energy goods amid soari…
The US economy expanded an annualized 1.6% in Q1 2026, up from 0.5% in Q4 but below 2% in the advance estimate, primarily reflecting downward revisions to investment and consumer spending.Consumer spending rose 1.4%, less than 1.6% in the advance estimate.The rise was mainly supported by demand for…
By Patrick SheridanU.S. jobless claims rose last week, a sign the labor market remains tentative amid economic uncertainty from the war in Iran.The number of people who filed for unemployment benefits rose to 215,000 in the week ended May 23, the Labor Department said Thursday. That represented an…
Nomura has joined a growing list of brokerages forecasting that the U.S. Federal Reserve will keep interest rates unchanged through 2026, pointing to stubborn inflation and limited support within the central bank for rate cuts.The brokerage said persistent price pressures and a more hawkish tone fr…
US personal income was unchanged month-over-month in April 2026, falling short of market expectations for a 0.4% increase and following a slightly downwardly revised 0.5% gain in March.The flat reading was largely due to a $61.7 billion drop in farm proprietors’ income, reflecting lower payments un…
The US PCE price increased 0.4% month-over-month in April 2026, less than market expectations of 0.5%, after a 0.7% rise in March.Goods prices increased 0.7% (vs 1.4% in March), while services inflation was steady at 0.3%.The core PCE index, which excludes food and energy, increased 0.2% after a 0…
Inflation-adjusted US personal spending edged up 0.1% month-over-month in April 2026, slowing from an upwardly revised 0.3% increase in March, as consumers showed signs of more cautious demand.Spending on goods declined 0.1%, following a 0.8% rise in March, with motor vehicles and parts falling 1.1…
0900 ET - Treasury yields decline as a slew of data corroborates U.S. inflation concerns while giving mixed signals about economic activity. Durable goods orders grow 7.9% in April, easily beating the 3.5% WSJ consensus, but the number was influenced by a jump in nondefense aircraft equipment order…
US building permits increased 4.4% month-over-month to a seasonally adjusted annual rate of 1.423 million in April 2026, below the preliminary estimate of 1.442 million, revised figures showed.Multi-unit permits, including buildings with five or more units, surged 17.2% to 491,000, while single-fam…
WASHINGTON (dpa-AFX) - A report released by the Commerce Department on Thursday showed new orders for U.S. manufactured durable goods soared by much more than expected in the month of April.The Commerce Department said durable goods orders spiked by 7.9 percent in April after jumping by an upwardly…
May 28 (Reuters) - U.S. Commerce Department seasonally adjusted data on durable goods orders, with percent changes from prior months.PERCENT CHANGES: Apr Mar Feb New Orders 7.9 1.3 -1.2 Ex-Transportation 1.1 1.1 1…
According to the Bureau of Economic Analysis, the personal consumption expenditures price index increased 0.4% on the month and 3.8% year‑on‑year, matching forecasts, while core PCE, which strips out volatile food and energy costs, rose 0.2% on the month and 3.3% annually.Personal income was broadl…
A key inflation gauge accelerated in April to the highest level in three years, the latest sign that spiking gas prices and higher food costs are squeezing Americans’ finances.Inflation jumped to 3.8% in April compared with a year ago, the Commerce Department said Thursday (May 28), up from 3.5% in…
Since our last meeting, hopes for a quick end to the Middle East crisis have faded.The Strait of Hormuz is still largely closed. Oil prices have fluctuated around 100dollars per barrel. In this context, global growth forecasts have been marked down,while inflation forecasts have been revised higher…
The number of people claiming unemployment benefits in the US rose by 5,000 to 215,000 on the third week of May, slightly above market expectations that it would rise by 1,000.In the meantime, continuing jobless claims rose by 15,000 to 1,786,000 on the second week of May, in line with expectations…
New orders for US-manufactured durable goods jumped by 7.9% from the previous month to $346 billion in April 2026, after an upwardly revised 1.3% rise in the prior month and largely beating forecasts of a 3.5% advance.This marked the strongest increase in new orders since May 2025, mainly reflectin…
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Copyright RTT News/dpa-AFX
By Harriet TorryThe U.S. economy grew more slowly during the first three months of the year, updated government data showed Thursday.Gross domestic product, a broad measure of the goods and services produced across the U.S., rose at a 1.6% seasonally and inflation-adjusted annual rate in January th…
Copyright RTT News/dpa-AFX
Copyright RTT News/dpa-AFX
Copyright RTT News/dpa-AFX
May 28 (Reuters) - For U.S. Commerce Department personal income and spending estimates, see:https://www.bea.gov/data/income-saving/personal-income ((Washington newsroom))
May 28 (Reuters) - U.S. Labor Department report of initial state joblessbenefit claims, seasonally adjusted.Insured Unemployment Week Ended Initial Claims 4-Week Avg. Continued Claims rate (pct) 05/23/26 215,000 209…
May 28 (Reuters) - For the U.S. Labor Department report of initial state jobless benefit claims, see:https://www.dol.gov/ui/data.pdf((Washington newsroom))
The Personal Consumption Expenditures (PCE) Index, which is the Federal Reserve’s preferred gauge of inflation, advanced 3.8% in April on an annualized basis.The Commerce Department data showed that core PCE, which excludes food and energy, rose 3.3% on an annualized basis in April, up 0.2% on a mo…
WASHINGTON (dpa-AFX) - A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rose by slightly more than expected in the week ended May 23rd.The Labor Department said initial jobless claims climbed to 215,000, an increase of 5,000from the previ…
Federal Reserve Bank of New York President John Williams said Thursday it’s hard to spot fundamental shifts in the level of productivity as they are happening.“Real-time identification of structural change is extraordinarily difficult, and expectations of future growth tend to adjust gradually to c…
By Dow Jones Newswires StaffU.S. gross domestic product rose 1.6% in the latest estimate for the first quarter, outside a range of Journal historical forecasts for the indicator.For select economic indicators, including the GDP report, Dow Jones Newswires measures whether a reported statistic falls…
New orders for key U.S.-manufactured capital goods unexpectedly fell in April after hefty gains in the prior months, but demand remains underpinned by an artificial intelligence spending boom.Non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending, dropped…
WASHINGTON (dpa-AFX) - The Commerce Department released a report on Thursday showing consumer prices in the U.S. increased by slightly less than expected in the month of April.The report said the personal consumption expenditures (PCE) price index rose by 0.4 percent in April after climbing by 0.7…
By Paulo TrevisaniOrders for durable goods grew at a strong pace in April, a second consecutive monthly increase, the Commerce Department said Thursday.New orders for long-lasting goods like televisions, appliances and cars were up by 7.9% in April to $346 billion, after a 1.3% increase in March. A…
More Americans sought unemployment benefits last week, but layoffs remain low despite economic uncertainty caused by the Iran war. The Labour Department reported on Thursday (May 28) that jobless claims were up to 215,000, up from 210,000 the week before.The four-week moving average of claims, whic…
By David MillikenOne in six young people in Britain may find themselves not in employment, education or training (NEETs) within five years, up from one in eight now, according to a new government-commissioned report that warns of a "lost generation".In recent decades Britain has had fairly low yout…
MELBOURNE, Australia & AUCKLAND, New Zealand, May 28, 2026 (GLOBE NEWSWIRE) -- Braiin Limited NASDAQ:BRAI today announced its official launch into the New Zealand market with the rollout of its AI-native end-to-end Living Infrastructure platform, designed to digitise and monetise the residential mo…
By Adriano MarcheseBRP cut its full-year profit outlook as the sharp shift in U.S. tariff policy leaves the powersports maker facing a major new cost burden, overshadowing a revenue jump in the first quarter.The maker of Ski-Doos and Sea-Doos is particularly exposed to the new U.S. tariffs because…
By Jeffry BartashPCE index has risen 3.8% in the past year"Half a Cup" cups are displayed at a Hollywood gift shop in a poke at the high cost of living.The main inflation barometer preferred by Federal Reserve rose to a three-year high in April and it could rise even higher, posing a stiff challeng…
The number of Americans filing claims for unemployment benefits increased marginally last week amid relatively low layoffs, despite the dragging war with Iran.Initial claims for state unemployment benefits rose 5,000 to a seasonally adjusted 215,000 for the week ended May 23, the Labor Department s…
There were an estimated 1.01m young people between the ages of 16 and 24 who were Neet in January to March 2026, the ONS said. This is up by 89,000 from the same period a year earlier, and by 55,000 on October to December 2025."This increase was largely among young men, with an increase of 55,000 o…
Innovatec SpA MIL:INC:
May 28 (Reuters) - For the U.S. Labor Department report of initial state jobless benefit claims, see:https://www.dol.gov/ui/data.pdf((Washington newsroom))
By Paulo TrevisaniOrders for durable goods grew at a strong pace in April, a second consecutive monthly increase, the Commerce Department said Thursday.New orders for long-lasting goods like televisions, appliances and cars were up by 7.9% in April to $346 billion, after a 1.3% increase in March. A…
May 28 (Reuters) - For U.S. Commerce Department personal income and spending estimates, see:https://www.bea.gov/data/income-saving/personal-income((Washington newsroom))
The unemployment rate in Brazil rose to 5.8% in the moving quarter that ended April of 2026 from 5.4% in the moving quarter ending in January.The increase was aligned with seasonal movements and below the market expectations of 5.9%, marking the lowest unemployment rate for an April quarter on reco…
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Argentina Economy Ministry:
By Seher Dareen and Shariq KhanFrom Antwerp to the Seychelles, Baton Rouge to Melbourne, or New York to Namibia, the closure of the Strait of Hormuz has upended global jet fuel flows.Rather than acute shortages, the immediate impact has been a sharp rerouting of supply, with cargoes travelling reco…
Bulgaria is keen to respect its commitment to NATO and increase its defence spending to 5% of its gross domestic product, Prime Minister Rumen Radev said on Thursday.Previously president of Bulgaria, Radev resigned from that role ahead of parliamentary elections in April, which he won with a landsl…
The U.S. Department of the Treasury said on Thursday it had launched Trump Accounts on app stores nationwide, advancing a policy initiative that aims to create millions of investment accounts for children.The rollout marks a key step in implementing the program, which seeks to encourage long-term i…
By Anjana AnilGold prices dropped to a two-month low on Thursday as fresh strikes by the U.S. and Iran stirred up inflation fears, pushed up the dollar and crude oil, fueling expectations of higher interest rates.Spot gold TVC:GOLD was down 1.6% at $4,385.32 per ounce as of 1146 GMT, earlier fallin…
Outstanding loans in Brazil were up 9.3% in the 12 months through April, central bank data showed on Thursday, slowing from the 9.8% expansion registered in the previous month.($1 = 5.0590 reais)