Stronger-than-expected data on the labor market has intensified concerns that the economy continues to run at a solid pace, amplifying fears about stubborn inflation.
The dollar rallied, while U.S. stocks fell sharply on Friday after data showed the U.S. economy created far more jobs in ...
Before the strong December jobs report was released, the odds were already low for an interest rate cut in the next Federal ...
SYDNEY/LONDON - Global stocks were under pressure on Friday ahead of a U.S. jobs report later on that could exacerbate or ...
U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1% as the labor market ended the ...
“Given the still-elevated unemployment rate and the cooler wage readings, the latest labour market data still leaves the Bank of Canada in a position to cut rates,” Mendes said. He expects the Bank of ...
"In the UK, firefighters have been pushed to limits responding to unprecedented and dangerous wildfires in the past few years ...
Oil prices rose to a three-month high on Friday on strong Chinese demand and concerns about dwindling US inventories. Brent ...
In recent days, Fed Chair Jerome Powell and other officials have made it clear they're slowing down on lowering rates. Amid ...
Trudeau out, Trump in, tariffs up, trade down – as Canadians embark on 2025, it’s clear this will be a year of upheaval. That was already going to be the case before Prime Minister Justin Trudeau said ...
U.S. hiring grew at a robust pace in December, far exceeding economists' expectations and demonstrating the health of the ...
Employers finished the year with a burst of hiring, adding 256,000 jobs in December. The unemployment rate ticked down to 4.1 ...