Fidelity Top Stories
US Q3 GDP jumps past forecasts, inflation slows
America's economy grew at an accelerated pace during the third quarter, bolstered by household spending, while price pressures ebbed further.
Weekly US jobless claims rise as expected
Jobless claims in the U. S. rose as expected during the preceding week, reflecting companies' efforts to hold onto workers.
Lloyds Bank Q3 profits surge despite lower lending
Lloyds Bank reported a massive jump in third quarter profits as it continued to cash in on higher interest rates, despite a reduction in lending to customers amid tough macroeconomic conditions.
Indivior to pay $385m to settle Suboxone monopoly case
Addiction treatment drug maker Indivior said it had agreed to pay $385m to resolve the final lawsuit claims against it in the long-running Suboxone anti-trust case.
Whitbread 1H sales jump, new share buyback announced
Premier Inn owner Whitbread's topline growth at the half-year stage fell short of analysts' estimates, but the company was confident on the outlook.
US industrial production edges past forecasts in September
Industrial production in the U. S. edged past forecasts last month on the back of increased production in manufacturing and mining.
Chemring receives U.S. DoD approvals for countermeasures deliveries
America's Department of Defense granted Chemring the majority of the approvals needed in order to proceed with the delivery of certain countermeasures.
St.James's Place says new charging models will reduce underlying cash result
St. James's Place announced the result of its previously announced review into its charging structure which was expected to come into effect in the back half of 2025.
US consumer confidence slips in October due to inflation worries, University of Michigan says
Consumer confidence in the U. S. soured at the start of October amid concerns about inflation, the results of a closely followed survey showed.
US non-farm payrolls surge in September
Hiring in the U. S. sprang back in September, easily outpacing all forecasts.
U.S. job openings jump unexpectedly in August, but quits rate at pre-pandemic level
The number of job openings increased unexpectedly in August, but the proportion of Americans voluntarily leaving a position continued to be at the same level as before the pandemic.
US factory activity slows less quickly in September, ISM says
Activity levels in America's factory sector continued to shrink last month, albeit at a slower pace than in August, the results of a closely followed survey revealed.
US open: Stocks off to a mixed start in Q4
Wall Street's main market gauges were trading on a mixed note at the start of the fourth quarter, with Treasuries unloved even after the US narrowly avoided a government shutdown over the weekend.