Postelection Rally Pushes Dozens of Stocks into Overvalued Territory
Stock markets rallied after Donald Trump’s victory in the US presidential election, pushing dozens of names into overvalued ...
Canada Wholesale Sales Rise 0.8% in September
Wholesale sales rose 0.8% in from the month before to a seasonally adjusted 82.32 billion Canadian dollars, the equivalent of $58.55 billion, Statistics Canada said Friday. The figure was slightly ...
FuelCell Energy to cut 17% of its staff as part of a global restructuring plan
Shares of FuelCell Energy Inc. charged higher in early Friday trading, after the fuel-cell technology company announced a global restructuring plan that will include cutting 17% of its staff. The ...
Manufacturing activity surges in New York region to highest level in nearly three years
The numbers: The New York Federal Reserve's Empire State business conditions index, a gauge of manufacturing activity in the state, surged 43.1 points in November to 31.2, the regional Fed bank said ...
U.S. Import Prices Rose in October on Higher Fuel Prices
Fuel import prices were notably higher by 1.5% on month as global oil prices increased amid tensions in the Middle East. Prices of other imported goods also rose, albeit less strongly.
Import prices post biggest increase in six months and add to U.S. inflation
The import-price index 0.3% last month. Economists polled by the Wall Street Journal had forecast a 0.1% decline. Import prices had fallen in September. If energy is excluded, import prices moved up 0 ...
U.S. Retail Sales Grew in October
Sales at U.S. retailers grew in October at a slowing rate that still beat economists' forecasts, mirroring other signs of a stable but gradually cooling economy.