PCE Price Index Jumps by 6.4% in Feb., Personal Incomes Improve by $101.5B
(BEA) The US key inflation gauge, the PCE price index, rose by 6.4% in February from the prior year, reflecting rising costs of goods and services. Energy prices rose by…
(BEA) The US key inflation gauge, the PCE price index, rose by 6.4% in February from the prior year, reflecting rising costs of goods and services. Energy prices rose by…
(UiPath) Shares of UiPath fell more than 24% on Thursday after guiding a revenue of $223 million to $225 million in the first quarter of 2023. The guided revenue in…
(Longeveron) Shares of Longeveron Inc. rose more than 37% on Thursday after its phase 1 study trials of Lomecel-B on patients with mild forms of Alzheimer disease showed success. Longeveron…
(Department of Labor) US jobless claims were 202,000 in the week ending March 26, up by 14,000 from the previous week. The claims were higher than estimates of 196,000. On…
(Eurostat) The rate of unemployment was 6.8% in the euro area in February 2022, from 6.9% the previous month. The rate is below 8.2% in the prior year. In the…
(Nationwide) The UK posted an annual 14.3% increase in house prices in March, accelerating from a gain of 12.6% the previous month. The rate of increase was the strongest since…
(Twitter) Fast-food chain giants Yum! Brands, Pizza Hut, and Kentucky Fried Chicken have filed multiple trademark applications to offer products and services in the metaverse. The applications, which also include…
(Bloomberg) US officials are targeting about one million barrels of oil every day from its strategic reserves to combat rising prices. The officials reportedly target up to a total of…
(ShibaSwap) Shiba Inu developers have announced 100,595 land plots that will be offered in its Metaverse and priced in Ethereum’s native token Ether. The developers say that the land plots…
(EIA) The total commercial crude oil inventories in the US was recorded at 409.9 million barrels in the week that ended March 25, down by 3.4 million barrels from the…
(Chewy) Shares of Chewy fell 13% as it reported a net loss of $63.6 million in the fourth quarter of 2021, compared to a net income of $21.05 million in…
(ADP Employment) A total of 455,000 jobs were created in the US private sector in March, underlining robust labor recoveries in the year. The bulk of the job additions in…