Finance Central

Finance Central

Manufacturing in Mid-Atlantic Region Rebounds In July

Manufacturing in Mid-Atlantic Region Rebounds In July

Manufacturing in the Mid-Atlantic region blew past expectations in July after posting a large decline the month before, according to a survey released by The Federal Reserve Bank of Philadelphia. The Philly Fed’s Manufacturing Business Outlook Survey for current general activity jumped to 21.8 from 0.3 in June, way above […]

by × July 18, 2019 × 0 comments

Finance Central

Gold Drops Off Six-Year Highs

Gold Drops Off Six-Year Highs

Gold prices eased off six-year highs early on Wednesday after the U.S. dollar gained strength. Gold for August delivery was last seen down US$6.10 to US$1,412.60 per ounce in Comex electronic trade. The drop is the first in five sessions that saw the precious metal rise to the highest since […]

by × June 26, 2019 × 0 comments

Finance Central

Office Depot Taps Technology Business Veteran to Lead CompuCom Business

Office Depot Taps Technology Business Veteran to Lead CompuCom Business

Office Depot (ODP) said Monday it has hired a technology business veteran to lead its troubled CompuCom business IT services unit. The Boca Raton, Fla.-based office-supply retailer said Mick Slattery will lead the business, which swung to a $15 million operating loss in the first quarter from a $5 million […]

by × June 24, 2019 × 0 comments

Finance Central

Eurozone Industrial Production Edges Lower

Eurozone Industrial Production Edges Lower

Eurozone industrial production edged lower in April as a decline in the production of durable consumer goods offset an increase in non-durable consumer goods and energy, region-wide data published on Thursday showed. Seasonally adjusted industrial production fell by 0.5% in the Eurozone, according to data published by Eurostat, the statistics […]

by × June 13, 2019 × 0 comments