Dollar Gains Against Other Major Currencies
The U.S. dollar firmed up against most of its peers on Tuesday, recovering from recent losses.Original Article Read More →
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Monthly archive February, 2021
Nestle To Sell North American Waters Brands In $4.3 Bln Deal
Swiss food and beverage giant Nestle SA announced Tuesday its agreement to sell Nestlé Waters North America brands to One Rock Capital Partners LLC in partnership with Metropoulos & Co. for $4.3 billion. The divesting businesses include its regional spring Read More →
U.S. Retail Sales Spike 5.3% In January, Much More Than Expected
Following recent declines in U.S. retail sales, the Commerce Department released a report on Wednesday showing retail sales rebounded by much more than anticipated in the month of January. The Commerce Department said retail sales spiked by 5.3 percent in Read More →
U.S. Producer Price Growth Far Exceeds Estimates In January
The Labor Department released a report on Wednesday showing U.S. producer prices jumped by much more than expected in the month of January. The Labor Department said its producer price index for final demand surged up by 1.3 percent in Read More →
U.S. Industrial Production Climbs More Than Expected In January
Industrial production in the U.S. saw another notable increase in the month of January, according to a report released by the Federal Reserve on Wednesday. The Fed said industrial production climbed by 0.9 percent in January after jumping by a Read More →
U.S. Business Inventories Climb Slightly More Than Expected In December
Largely reflecting a jump in retail inventories, the Commerce Department released a report on Wednesday showing U.S. business inventories increased by slightly more than expected in the month of December.Original Article Read More →