Business

US weekly jobless claims fall sharply in latest week

Thursday, July 23 by SRN News

By Dan Burns July 23 (Reuters) - The number of Americans seeking unemployment benefits for the first time fell sharply last week, indicating the U.S. job market continues on an even keel and leaving Federal Reserve officials to keep their focus on containing inflation. Initial claims... Read More.

Ameriprise Financial quarterly profit rises on higher fee income

Thursday, July 23 by SRN News

July 23 (Reuters) - Asset and wealth manager Ameriprise Financial reported a rise in its second-quarter profit on Thursday, driven by a market rally that boosted the value of its fee-generating assets. Here are more details from the earnings report: • Ameriprise's assets under management,... Read More.

Wall St set for lower open as Big Tech earnings rekindle AI spending worries, oil jumps

Thursday, July 23 by SRN News

By Ragini Mathur and Avinash P July 23 (Reuters) - U.S. stock indexes were on track to open lower on Thursday as concerns over heavy AI spending resurfaced after the first batch of Big Tech earnings, while another jump in oil prices linked to... Read More.

Europe’s central bank holds rates steady amid swings in oil prices

Thursday, July 23 by SRN News

FRANKFURT, Germany (AP) - The European Central Bank left interest rates unchanged Thursday amid uncertainty about how volatile energy prices will affect inflation. The central bank for the 21 countries that use the euro currency left its benchmark rate unchanged at 2.25% following a quarter-point... Read More.

Biking to work: Tips to get started, stay safe and look presentable when you arrive

Thursday, July 23 by SRN News

NEW YORK (AP) - When 72-year-old Michael Roper rides his bicycle to and from the pub he owns in Chicago, he can't imagine a better way to commute. He's getting exercise, drifting through fresh air and catching glimpses of neighborhood life - a recently... Read More.

House Republicans adopt $95 billion package for the Iran war and Trump’s priorities

Thursday, July 23 by SRN News

WASHINGTON (AP) - The House adopted a Republican-only $95 billion budget proposal Wednesday, a long-shot effort to fund the Iran war and other White House priorities over objections from Democrats and a few GOP holdouts in a final push before the midterm elections. House Republicans... Read More.

US filings for unemployment aid fall to 187,000 last week, fewest since 1969

Thursday, July 23 by SRN News

WASHINGTON (AP) - U.S. applications for jobless benefits tumbled to the lowest level in more than five decades last week as layoffs remain historically low despite global economic uncertainty. The number of Americans applying for unemployment benefits in the week ending July 18 declined by... Read More.

Russia’s biggest online retailer is the latest target of Ukraine’s attacks

Thursday, July 23 by SRN News

The Ukrainian attacks on the sprawling Russian warehouses produced stark images, with massive pillars of black smoke rising above fires that raged at facilities for Wildberries, the country's biggest online retailer and its equivalent of Amazon. Kyiv's drones first hit the sites over the weekend... Read More.

Mideast oil producers step up plans to bypass the Strait of Hormuz

Thursday, July 23 by SRN News

Before the war in Iran, roughly 15 million barrels of Persian Gulf oil were shipped each day through the Strait of Hormuz. Within a few years, much of that oil could bypass the strait. As Iran's chokehold over the strait drags on and oil prices... Read More.

Nestle sheds water stake as it eyes faster growth

Thursday, July 23 by SRN News

By Richa Naidu LONDON, July 23 (Reuters) - Nestle on Thursday said it expects to raise around €3 billion ($3.43 billion) from a joint venture with investment firm Platinum Equity for its water and premium beverages business, a long-awaited deal it has been courting since... Read More.

Current Weather

US weekly jobless claims fall sharply in latest week

Ameriprise Financial quarterly profit rises on higher fee income

Wall St set for lower open as Big Tech earnings rekindle AI spending worries, oil jumps

Europe’s central bank holds rates steady amid swings in oil prices

Biking to work: Tips to get started, stay safe and look presentable when you arrive

House Republicans adopt $95 billion package for the Iran war and Trump’s priorities

US filings for unemployment aid fall to 187,000 last week, fewest since 1969

Russia’s biggest online retailer is the latest target of Ukraine’s attacks

Mideast oil producers step up plans to bypass the Strait of Hormuz

Nestle sheds water stake as it eyes faster growth

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