U.S. consumer prices increase less than expected in August
U.S. consumer prices rose less than expected in August as increases in gasoline and rents were offset by declines in healthcare and apparel costs, and underlying inflation pressures also appeared to be slowing.
U.S. weekly jobless claims drop to near 49-year low
The number of Americans filing for unemployment benefits unexpectedly fell last week, hitting its lowest level in nearly 49 years and pointing to robust labor market conditions.
BlackRock gets regulatory approval to set up new firm in France
BlackRock, the world’s largest asset manager, has obtained regulatory approval to set up a new alternative investment firm in France, in another sign of Paris’ increasing post-Brexit appeal for financial firms.
Trade hopes, bumper Turkey rate hike feed the bulls
Signs of movement in the U.S.-China trade stand-off and a bumper interest rate hike in emerging market trouble spot Turkey sent world shares higher on Thursday as risk appetite returned.
Ryanair faces one-day strike in five countries over contracts
Ryanair faces a one-day walkout by cabin crew across five countries on Sept. 28 as unions step up pressure on Europe’s biggest budget airline to accept local contracts.
Target to hire 120,000 workers to meet holiday season rush
Target Corp said on Thursday that it plans to hire about 120,000 seasonal workers for the holidays, up 20 percent on last year, as the retailer gears up for the busiest time of the year.
Kroger’s same-store sales miss estimates
Kroger Co missed quarterly same-store sales estimates on Thursday, as disruptions caused by the supermarket chain changing the way it stocks merchandise on shelves kept some customers away from its stores.
Stock futures up on hopes of fresh trade talks, tech rebound
U.S. stock index futures rose on Thursday as trade worries softened after China said it was open to fresh talks with the United States and technology stocks showed signs of a bounce-back.
Sonny’s roadshow: How Trump’s Ag chief sells a trade war to farmers
Breaking off from a tour of dairy operations on a farm in upstate New York, U.S. Agriculture Secretary Sonny Perdue tramps across a muddy path to take a sample of sweet corn from an adjacent field.
Singapore’s ST Engineering to buy aircraft part maker from GE for $630 million
Singapore Technologies Engineering Ltd on Thursday said it had agreed to purchase aircraft part manufacturer MRA Systems from General Electric Co for $630 million.
