Washington: Initial jobless claims in the US hit 248,000 for the week ending June 7, stable from the previous week’s revised figure and higher than expected, according to Labor Department data released Thursday. The previous week’s number was revised …
Washington: Producer prices in the US rose by 2.6% in May compared to the previous year, aligning with market expectations, the US Bureau of Labor Statistics announced on Thursday.
According to Anadolu Agency, April saw a 2.4% increase in producer …
London: The euro/US dollar exchange rate rose to around 1.16 on Thursday at 1138GMT, marking its highest level since April 22. This significant increase follows recent developments and data that suggest a higher probability of interest rate cuts in th…