Eurozone Manufacturing Sector Logs Another Contraction

Eurozone manufacturing activity continued its downward trend in November but the rates of decline in output and new orders were less aggressive than seen a month ago, final data from S&P Global showed on Thursday. The final manufacturing Purchasing Managers’ Index rose to a two-month high of 47.1 in November from 46.4 in the previous month. The flash reading was […]

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‘The Wiz’ Sets 2024 Broadway Return With New Material By Amber Ruffin

The beloved musical The Wiz will return to Broadway next season in an “entirely reimagined revival” directed by Schele Williams and featuring additional material by Amber Ruffin. The production will launch a national tour in the Fall of 2023 in Baltimore, where the original musical premiered in 1974, and will play in cities across the country before beginning a limited […]

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James Latham H1 Profit Falls, But Revenue Improves

James Latham Plc (LTHM.L), a distributor of timber, panels, and decorative surfaces, on Thursday reported a decline in earnings for the first-half, particularly reflecting a rise in cost of sales and distribution expenses. However, the company posted a increase in revenue. In addition, the firm has raised its interim dividend for the period. For the six-month period to September 30, […]

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Treasuries Surge Higher In Reaction To Powell Remarks

After turning lower over the course of morning trading, treasuries showed a substantial move back to the upside following remarks by Federal Reserve Chair Jerome Powell. Bond prices moved sharply higher in late-day trading, closing firmly positive. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, slid 4.5 basis points to 3.703 percent after reaching […]

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Fed's Powell signals smaller interest rate hikes could begin in December

video Federal Reserve Chairman Jerome Powell delivers remarks to investors and economists at the Fed’s annual symposium Federal Reserve Chairman Jerome Powell delivers remarks to investors and economists at the Fed’s annual symposium. Federal Reserve Chairman Jerome Powell said the U.S. central bank could slow its interest rate increases at its meeting next month, but stressed that policymakers have more […]

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Former FBI agents weigh in on FTX investigation, Sam Bankman-Fried's possible extradition

video FTX founder Sam Bankman-Fried’s ‘PR blitz’ blasted by critics IDX Digital Assets chief investments officer Ben McMillan discusses Sam Bankman-Fried speaking at the New York Times conference amid FTX fallout. EXCLUSIVE: Former FBI agents who specialized in financial crimes and organized crime said federal investigators are likely in a "full court press" probing the FTX collapse and Sam Bankman-Fried.  […]

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