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Author Archives: Top News Editor

Germany’s Industrial Output Declines In September

Germany’s industrial production declined more-than-expected in September, but the output expanded for the third quarter as a whole, signaling a robust underlying trend. Industrial production fell 1.6 percent month-on-month in September, in contrast to August’s 2.6 percent increase, data from ...

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German Factory Orders Grow Unexpectedly In September

Germany’s factory orders increased unexpectedly in September driven by foreign demand, while domestic orders remained weak. Factory orders grew 1 percent month-on-month in September, but slower than August’s revised 4.1 percent increase, data from Destatis revealed Monday. This was the ...

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U.S. Weekly Jobless Claims Unexpectedly Dip To 229,000

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday unexpectedly showing a modest drop in first-time claims for U.S. unemployment benefits in the week ended October 28th. ...

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