The number of Americans filing new claims for unemployment benefits unexpectedly declined last week, offering another indication of resilience in the US labour market even as the Federal Reserve tightens …
Business
-
-
Business
What would an EU associate membership mean for Canada as Brussels opens the door?
by adminby adminThe European Union is considering a new form of relationship with Canada that could make Ottawa the bloc’s first associate member, marking a potentially significant shift in the way Brussels …
-
Business
Markets are braced for one Fed hike: Morgan Stanley is looking much further ahead
by adminby adminUS markets are heading into this week’s Federal Reserve decision largely prepared for a quarter-point interest-rate increase. Morgan Stanley thinks investors may be paying too much attention to Wednesday and …
-
Goldman Sachs has changed its call for this week’s Federal Reserve meeting, now expecting a 25-basis-point rate increase after previously forecasting no change. The shift follows a sharp repricing in …
-
Business
Hike or hold? Fed policy meet next week to test Kevin Warsh’s credibility
by adminby adminInvestors are heading into next week’s Federal Reserve meeting with expectations of a rate hike at their strongest levels in months after August inflation data showed that price pressures remain …
-
President Donald Trump has proposed a $5,000 “Trump dividend” payment for every adult US citizen if Republicans retain control of the House of Representatives and Senate in the November 3 …
-
US producer prices rose in line with expectations in August as energy costs rebounded, keeping inflation pressures elevated ahead of the Federal Reserve’s policy meeting next week. The Producer Price …
-
UBS expects the Federal Reserve to raise interest rates twice this year after a stronger-than-expected August jobs report reinforced expectations of a resilient US economy. The bank now forecasts 25-basis-point …
-
Business
US jobs rebound in August with 162,000 payrolls increase: is a Fed rate hike coming?
by adminby adminThe US economy added a significant number of jobs in August, reversing a summer slowdown in hiring and reinforcing the likelihood of a rate hike from the Fed this month. …
-
Business
US jobless claims rise slightly as labor market remains in slow hire, slow fire phase
by adminby adminThe number of Americans filing new claims for unemployment benefits increased slightly last week, offering little evidence of a meaningful deterioration in the labor market as August came to an …