Category: Economy

Carnival Corporation & plc (CCL,CCL.L,CUK) said its third quarter voyages were cash flow positive and the company expects this trend to continue. Booking volumes for all future cruises during the … Read More

A report released by the Commerce Department on Friday showed an unexpected increase in U.S. new home sales in the month of August. The Commerce Department said new home sales … Read More

Business software giant Oracle Corp. (ORCL), Monday reported a first-quarter profit that trumped Wall Street estimates, driven by continued demand for cloud services and other software. However, revenues for the … Read More

With the value of exports climbing and the value of imports edging lower, the Commerce Department released a report on Thursday showing the U.S. trade deficit narrowed in the month … Read More

Editor’s note: Below you’ll find the week 40 release of the NYC Recovery Index, originally published May 11, 2021. Visit the NYC Recovery index homepage for the latest data. New York City’s … Read More

The August PMI data pointed to an improvement in overall operating conditions for the second straight month. In PMI parlance, a print above 50 means expansion while a score below … Read More

Editor’s note: Below you’ll find the week 46 release of the NYC Recovery Index, originally published June 28, 2021. Visit the NYC Recovery index homepage for the latest data. New … Read More

Key Takeaways EPS missed analyst expectations. Revenue far surpassed analyst forecasts. Moderna plans to manufacture 600-700 million doses of its COVID-19 vaccine in 2021. The company is making capital investments … Read More

Technology stocks have been the focus of active traders for many months now. Despite the markets being near all-time highs, active traders will likely keep an eye on the sector … Read More

Eurozone inflation accelerated more-than-expected to a near 10-year high in August, flash data from Eurostat showed on Tuesday. Inflation rose to 3 percent in August from 2.2 percent in July. … Read More