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. stock index futures pointed to a higher open on Thursday, as trade worries eased after China said it was open to new talks with the United States and as technology stocks showed signs of a bounce-back.
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.
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.
General Motors Co is recalling more than 1 million pickup trucks and sport utility vehicles in the United States due to issues with a temporary loss of power steering, the National Highway Traffic Safety Administration said.
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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.
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 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 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 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.
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.
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.
Japan’s Nissan Motor Co has signed U.S. Open champion Naomi Osaka as its next brand ambassador, the automaker said on Thursday, tapping the tennis star’s youth, drive and Japanese roots to appeal to younger customers.
Singapore Technologies Engineering Ltd on Thursday said it had agreed to purchase aircraft part manufacturer MRA Systems from General Electric Co for $630 million.
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