Fewer Americans filed for jobless benefits last week
It's the first snapshot of the U.S. labour market since last week’s disappointing jobs data for July
- By: Matt Ott, The Associated Press
- August 8, 2024 August 8, 2024
- 09:30
It's the first snapshot of the U.S. labour market since last week’s disappointing jobs data for July
Weak market signals disinflation, need for more rate cuts, company report says
Rents for residential properties in July averaged $2,201 per month, up 5.9% from last year
Exchange aims to boost corporate services with deal
Imports also climb as trade with other Asian countries improves
Rebalancing, realistic projections are key
Market reaction to geopolitical events often proves overblown
Price pressures continue pullback, led by energy
Exports of crude oil, gold rose sharply
Economist warns people to be 'prudent' about any rebound in market activity
Natural resources accounted for largest share of GDP in a decade
And Calgary home sales dropped 10% year over year
Unemployment rate hits 4.3% as interest rates take economic toll
The rate dropped to its lowest level since early February
There have been job cuts across a range of sectors in the U.S. this year
It's the central bank's first rate cut since the onset of the Covid-19 pandemic
Crypto claims decline, AI-related cases on the rise
The rise in prices complicates the ECB's next decision on whether to cut interest rates
Retail and wholesale trade as well as oil and gas sector weighed on growth
If inflation continues to go down, a rate cut could be on the table in September: Powell
Bond issuance up, driven by accelerated refinancing
Slight pullback in rents mainly due to a spike in condo completions, Urbanation president says
Layoffs dropped to 1.5 million, the lowest since November 2022
Elevated prices for food, groceries are main driver of consumers’ view of U.S. economy