Breaking News
Jan 24, 2023
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Raytheon Tech fourth quarter revenue rose 6% to $18.1 billion and net income doubled to $1.4 billion from $685 million and diluted earnings per share rose to 96 cents from 46 cents a year ago.
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Verizon said fourth quarter revenue increased 3.5% to $35.25 billion and net income increased 41% to $6.7 billion from $4.7 billion and diluted earnings per share rose to $1.56 from $1.11 a year ago.
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Rupert Murdoch ended his plans to merge Fox Corp and News Corp without citing reasons.
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Japan's inflation in December surged to 4.0% from a year ago to the highest level since 1991 on the yen weakness and a surge in international commodities prices.
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Wholesale price inflation in Germany slowed to 21.6% in December from 28.2% in November and fell to the lowest level in thirteen months, the Federal Statistical Office said Friday.
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Baltic Exchange's Dry Bulk Index, a measure of worldwide ocean freight cost, plunged 8.8% to a 30-month low to 801 ahead of the Lunar New Year holiday period in China.
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The People's Bank of China left its key one-year Loan Prime Rate unchanged for the fifth month in a row at 3.65% and the five-year reference rate for mortgages at 4.3%.
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Existing homes sales in December declined for the eleventh month in a row and dropped to the lowest level not seen since November 2010 to 4.02 million units, 34% lower than a year ago.
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Japan's trade deficit widened in December on higher energy and raw materials prices and weaker yen. 2022 international trade deficit soared to $155 billion, surpassing the previous high in 2014.
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Initial claims for jobless benefits declined 15,000 to 190,000 last week and the four-week moving average fell 6,500 to 206,000, indicating tight labor market conditions.
Jan 20, 2023
Jan 19, 2023