With energy prices continuing to surge, a report released by the Labor Department on Wednesday showed U.S. producer prices increased by slightly more than expected in the month of September. The Labor Department said its producer price index for final demand climbed by 0.5 percent in September after advancing by […]

Helen of Troy Ltd. (HELE) announced Wednesday second-quarter net income of $27.38 million or $1.14 per share, down from $30.67 million or $1.28 per share in the prior-year quarter. Excluding items, adjusted earnings for the quarter were $1.74 per share, compared to $2.27 per share in the year-ago quarter. Consolidated […]

Save articles for later Add articles to your saved list and come back to them any time. For all the importance of China’s subpar recovery, the country’s woes are notably absent from the plethora of projections and commentary that flow from the US Federal Reserve these days. Judging from recent […]

Save articles for later Add articles to your saved list and come back to them any time. Rents are likely to keep rising for the rest of this year with little chance of relief in 2024 as strong population growth outstrips the supply of new houses and units, property experts […]

Save articles for later Add articles to your saved list and come back to them any time. While receiving a gift card or voucher as a present is often welcome, consumers are frequently running into roadblocks when attempting to redeem them, such as unnecessary restrictions and confusing terms and conditions. […]

House prices in Germany declined in the second quarter at the fastest pace since 2000, adding further evidence to the adverse impact of rising interest rates on the real estate market in the biggest euro area economy. Prices of residential property decreased by an average 9.9 percent year-on-year, the statistical […]

The Swiss National Bank unexpectedly left its benchmark rate unchanged on Thursday, as policymakers assessed that the significant tightening of policy over the past five consecutive meetings is countering inflationary pressure, though the bank left the door open for future hikes. The SNB Governing Board, chaired by Thomas Jordan, decided […]

Consumer and producer prices data from the UK is the top economic news due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is set to publish UK consumer and producer prices for August. Economists forecast inflation to rise […]

Oxford Biomedica (OXB.L), a British biotechnology company focused on the development of gene-based medicines, on Wednesday posted a wider loss for the first-half of 2023, amidst a decline in revenue. For the six-month period to June 30, the London-based firm posted a pre-tax loss of 52.344 million pounds, compared with […]

The Federal Reserve released a report on Friday showing U.S. industrial production increased by much more than expected in the month of August. The report said industrial production climbed by 0.4 percent in August following a downwardly revised 0.7 percent advance in July. Economists had expected industrial production to inch […]