NBCUniversal said on Thursday it completed the highest-grossing upfront advertising sales period since its acquisition by Comcast Corp with commitments exceeding $7 billion, according to a source with knowledge of the matter.
People have been walking into Paul Centenari's cardboard box factory outside Baltimore asking for jobs, something he has not seen in over a year.
New U.S. data for May showed little immediate relief from the record pace of inflation pushing the Federal Reserve toward another oversized interest rate increase next month, but it did add to a developing sense that the worst may be over.
The U.S. dollar's share of currency reserves reported to the International Monetary Fund was 58.8% in the first quarter, unchanged from that of the last three months of 2021, IMF data showed on Thursday.
Lebanon's untamed financial crisis is gathering new menace as it heads into a fourth year, with political paralysis dampening hope of reforms that could unlock foreign support and stave off social turmoil, according to analysts, lawmakers and former officials.
Warehouses for IKEA stores in Europe are as full as they were before the pandemic after an easing of transport bottlenecks in the region, the retail manager of Ingka Group, which owns most IKEA stores world-wide, said on Thursday.
EU states and lawmakers on Thursday agreed to rules to put a brake on state-backed foreign firms acquiring EU companies with annual turnover of 500 million euros ($520 million), underlining a more protectionist approach against a possible Chinese buying spree.
It may just boil down to semantics, and in good times when inflation is low it's not an issue at all. But the Fed has a communication problem.
U.S. consumer spending rose less than expected in May as motor vehicles remained scarce while higher prices forced cutbacks on purchases of other goods, another sign that the rebound in economic growth early in the second quarter was losing steam.
The European Central Bank will buy bonds from Italy, Spain, Portugal and Greece with some of the proceeds it receives from maturing German, French and Dutch debt in a bid to cap spreads between their borrowing costs, sources told Reuters.
Wall Street ended the session lower on Thursday, crossing the finish line of a grim month and quarter, a dismal coda to the S&P 500's worst first half in more than half a century.
U.S. stocks slipped on Thursday, setting the Dow up for its worst first six months since 1962, on concerns that a dogged pursuit by central banks to tame inflation would hamper global economic growth.
Wall Street slid into the finish line of a dismal month and quarter on Thursday as a continued sell-off put a grim punctuation mark at the close of the S&P 500's worst first-half in more than half a century.
U.S. stock index futures slid on Thursday on the last day of a dismal first-half of the year on worries that central banks determined to tame inflation will hamper global economic growth.
Seventy-four Norwegian offshore oil workers at Equinor's Gudrun, Oseberg South and Oseberg East platforms will go on strike from July 5, the Lederne trade union said on Thursday, likely shutting about 4% of Norway's oil production.
Some 74 Norwegian offshore oil workers at Equinor's Gudrun, Oseberg South and Oseberg East offshore platforms will go on strike from July 5, the Lederne trade union said on Thursday, likely shutting about 4% of Norway's oil production.
Asian currencies will wallow in the near-term, analysts forecast this week, with any respite from their first-half losses only likely to come in the form of proactive policy normalization by regional central banks combined with a Chinese recovery.
The U.S. government will provide $1 billion to neighborhoods that have been divided by highways, rail lines or other transportation infrastructure, officials from the U.S.
European Central Bank policymakers put on a brave face at their annual gathering in the hills above the Portuguese capital and forecast further economic expansion despite looming gas shortages, but in private conversations recession fears were increasingly dominant.
Two of Australia's biggest home lenders jacked up fixed-rate home loans in line with increases to their own borrowing costs, spokespeople told Reuters, adding to pressure on a housing market which has hit the brakes amid rising interest rates.
Bearish bets on the Philippine peso grew as the central bank adopted a more modest approach than its peers to tamp down inflation, while short positions on China's yuan eased following more stimulus and easing COVID-19 curbs, a Reuters poll found.
Britain racked up a record shortfall in its current account in early 2022, in part due to the soaring cost of its fuel imports, according to data that officials cautioned could be revised.
Investors knew that, after two years of COVID-19 chaos, 2022 would be a bumpy ride, but nobody expected this - the most turbulent first half global markets have ever seen.
Facing the toughest economic conditions in decades, Britain's supermarkets are cutting product ranges, searching for cost savings and patrolling each other's stores to check prices and products as they try to stay one step ahead.
Australian shares were set to lose a tenth of their market value in the first half of 2022, and analysts warned of more pain ahead from a central bank counterattack to tame surging inflation and fears of a slowdown in major global economies.
The euro recovered on Thursday from a two-week low against the dollar, which sputtered after fresh inflation data showed U.S. consumer spending rose less than expected in May.
The euro fell to a two-week low against the U.S. dollar and remained close to a 2015 low versus the Swiss franc amid safe-haven demand on renewed worries about higher rates and a global recession.
The euro struggled to regain its footing on Thursday after tumbling overnight against a resurgent U.S.
The euro struggled to regain a footing on Thursday, having tumbled overnight against a resurgent U.S.
Stocks on global indexes were sharply lower on Thursday and Treasury yields slid after U.S.
