Breaking News
Jan 24, 2023
-
Verizon said fourth quarter revenue increased 3.5% to $35.25 billion and net income increased 41% to $6.7 billion from $4.7 billion and diluted earnings per share rose to $1.56 from $1.11 a year ago.
-
Rupert Murdoch ended his plans to merge Fox Corp and News Corp without citing reasons.
-
Japan's inflation in December surged to 4.0% from a year ago to the highest level since 1991 on the yen weakness and a surge in international commodities prices.
-
Wholesale price inflation in Germany slowed to 21.6% in December from 28.2% in November and fell to the lowest level in thirteen months, the Federal Statistical Office said Friday.
-
Baltic Exchange's Dry Bulk Index, a measure of worldwide ocean freight cost, plunged 8.8% to a 30-month low to 801 ahead of the Lunar New Year holiday period in China.
-
The People's Bank of China left its key one-year Loan Prime Rate unchanged for the fifth month in a row at 3.65% and the five-year reference rate for mortgages at 4.3%.
-
Existing homes sales in December declined for the eleventh month in a row and dropped to the lowest level not seen since November 2010 to 4.02 million units, 34% lower than a year ago.
-
Japan's trade deficit widened in December on higher energy and raw materials prices and weaker yen. 2022 international trade deficit soared to $155 billion, surpassing the previous high in 2014.
-
Initial claims for jobless benefits declined 15,000 to 190,000 last week and the four-week moving average fell 6,500 to 206,000, indicating tight labor market conditions.
-
Charles Schwab Corp said fourth quarter revenue increased 17% to $5.5 billion and net income rose 25% to $1.96 billion and diluted earnings per share increased to 97 cents from 76 cents a year ago.
Jan 20, 2023
Jan 19, 2023