The US labor market added far fewer jobs than expected in October as weather disruptions and worker strikes weighed on the labor market. Data from the Bureau of Labor Statistics released Friday showed the labor market added 12,000 payrolls in October, less additions than the 100,000 expected by economists. Meanwhile, the unemployment rate held steady at 4.1%. …
WASHINGTON, Oct 29 (Reuters) – The U.S. trade deficit in goods widened sharply in September amid a surge in imports, suggesting that trade remained a drag on economic growth in the third quarter. The goods trade gap increased 14.9% to $108.2 billion last month also as exports fell, the Commerce Department’s Census Bureau said on …
US goods trade deficit widens sharply in September on imports Read More »
The yield on the 10-year U.S. Treasury continued its ascent on Monday after hitting a three-month high last week. The 10-year Treasury yield rose nearly 6 basis points to 4.286% to its highest level since July 2024. Meanwhile, the 2-year Treasury also added around 6 basis points to 4.153%. Yields move inversely to prices. One basis point equals 0.01%. …
Oct 28 (Reuters) – Wall Street rose on Monday ahead of a packed week of earnings from megacap companies and the final stretch before the Nov. 5 election, while sentiment also improved after energy supplies were not disrupted by weekend developments in the Middle East. Israel’s response over the weekend to an Iranian missile attack this …
Wall Street rises ahead of megacap earnings, presidential election Read More »
Bitcoin’s role as a payment system and alternative currency was the focus of a recent conversation between Roundtable anchor, Rob Nelson, and Ari Pine, Co-Head of Digital Exotics at BlockFills. The discussion explored bitcoin’s advantages over traditional finance (TradFi) and why people might consider moving into the cryptocurrency space. Pine highlighted bitcoin’s utility as a decentralized …
Why bitcoin could be more valuable when global financial volatility strikes Read More »
Elon Musk is expected to become Twitter’s temporary CEO after closing his $44 billion takeover of the social-media firm, a person familiar with the matter said on Thursday, as the billionaire inches closer to securing funds for the deal.
Jessy Bains Fri, February 18, 2022 The cost to rent a home in Canada is rising again after a drop to end 2021. Data from rentals.ca’s national rent report found the average rent for all properties in Canada on its site was $1,807 a month in January. That’s up 4.4 per cent annually and 1 per cent …
Canada real estate: Where rent has shot up the most Read More »
Cost of everything going up fast but energy, food and transportation more than most Pete Evans · CBC News Canada’s inflation rate hit 5.1 per cent in January, its highest level since 1991. Statistics Canada reported Wednesday that if volatile items, like food and energy, are stripped out of the numbers, the cost of living went up …
Canada’s inflation rate rises to 5.1% — highest since 1991 Read More »
Act grants cabinet ability to take ‘special temporary measures that may not be appropriate in normal times’ Prime Minister Justin Trudeau has told his caucus he will invoke the never-before-used Emergencies Act to give the federal government extra powers to handle anti-vaccine mandate protests across the country, sources say. Those sources, who were not authorized …
Trudeau plans to invoke Emergencies Act in response to protests: sources Read More »
Aurora Cannabis TSX:ACB) reported a loss of $75.1 million for the second quarter, with the cannabis company’s growth outlook shaky, as it attempts to expand in international markets. Aurora Cannabis stock reported a loss of $75.1 million, with net revenue falling 48% year over year. Adjusted EBITDA improved by 22% year over year to a loss …
Aurora Cannabis Stock Trims Losses, Tops Estimates Read More »
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