Business

Average US long-term mortgage rate dips to 6.01%, lowest level in more than 3 years

Thursday, February 19 by SRN News

The average long-term U.S. mortgage rate slipped this week to its lowest level in more than three years, but remains around 6% in the same narrow range it has been in this year. The benchmark 30-year fixed rate mortgage rate fell to 6.01% from 6.09%... Read More.

Walmart CEO Furner begins tenure with conservative outlook

Thursday, February 19 by SRN News

By Juveria Tabassum and Aishwarya Venugopal Feb 19 (Reuters) - Walmart's new CEO John Furner kicked off his tenure with a coming-year forecast that fell short of analyst expectations on Thursday, even as online demand bolstered revenue in the holiday quarter. Analysts were expecting some caution... Read More.

US stock futures stall after recent gains, Walmart’s disappointing outlook

Thursday, February 19 by SRN News

By Shashwat Chauhan and Twesha Dikshit Feb 19 (Reuters) - U.S. stock index futures dipped on Thursday, following a three-day winning streak for the S&P 500, as heavyweight technology stocks slipped and Walmart's conservative outlook dampened sentiment. Walmart forecast annual sales and profit below... Read More.

A nationwide union strike in Argentina tests its leader Milei’s flagship labor overhaul

Thursday, February 19 by SRN News

BUENOS AIRES, Argentina (AP) - Argentina's largest labor unions called a one-day nationwide strike on Thursday to protest President Javier Milei's flagship overhaul of the country's labor law, intensifying a standoff between the libertarian leader and long-powerful unions as the bill faces an uncertain... Read More.

Southern Co forecasts annual profit below estimates, raises spending plan

Thursday, February 19 by SRN News

Feb 19 (Reuters) - Southern Co forecast annual profit below analysts' estimates on Thursday, and raised its five-year spending plan as it prepares to support unprecedented power needs from large-load customers such as data centers and industrials. U.S. utilities have been investing heavily to upgrade... Read More.

American Airlines picks CFM International to power upcoming Airbus A321neo jets

Thursday, February 19 by SRN News

Feb 19 (Reuters) - American Airlines said on Thursday it has selected CFM International's LEAP-1A engines to power future deliveries of its Airbus A321neo narrowbody jets. The U.S. carrier placed an order for 260 new aircraft in March 2024, including 85 A321neo jets, with the... Read More.

US farmers to sow more soybeans in 2026, less corn, USDA says

Thursday, February 19 by SRN News

By Karl Plume WASHINGTON, Feb 19 (Reuters) - U.S. farmers will plant more soybeans and less corn in 2026 than last year, although both harvests were expected to be the second-largest on record, the U.S. Department of Agriculture said on Thursday. The agency projected corn plantings... Read More.

US weekly jobless claims fall more than expected amid labor market stability

Thursday, February 19 by SRN News

WASHINGTON, Feb 19 (Reuters) - The number of Americans filing new applications for unemployment benefits fell more than expected last week, consistent with a stabilizing labor market. Initial claims for state unemployment benefits dropped 23,000 to a seasonally adjusted 206,0000 for the week ended February... Read More.

Canada’s trade deficit narrows in December, share of exports to US shrinks further

Thursday, February 19 by SRN News

By Promit Mukherjee OTTAWA, Feb 19 (Reuters) - Canada's international merchandise trade deficit narrowed in December as exports grew faster than imports, and its share of exports to the United States dropped to its lowest level on record, barring the COVID-19 months, data showed on... Read More.

Pakistan, US sign pact to redevelop New York’s Roosevelt Hotel

Thursday, February 19 by SRN News

By Ariba Shahid KARACHI, Feb 19 (Reuters) - Pakistan has signed an agreement with the United States to jointly redevelop New York's Roosevelt Hotel, according to four official documents reviewed by Reuters and two sources, in a deal between the two governments that will allow... Read More.

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Current Weather

Average US long-term mortgage rate dips to 6.01%, lowest level in more than 3 years

Walmart CEO Furner begins tenure with conservative outlook

US stock futures stall after recent gains, Walmart’s disappointing outlook

A nationwide union strike in Argentina tests its leader Milei’s flagship labor overhaul

Southern Co forecasts annual profit below estimates, raises spending plan

American Airlines picks CFM International to power upcoming Airbus A321neo jets

US farmers to sow more soybeans in 2026, less corn, USDA says

US weekly jobless claims fall more than expected amid labor market stability

Pakistan, US sign pact to redevelop New York’s Roosevelt Hotel

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