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The U.S. labor market showed continued resilience in November, as Nonfarm Payrolls (NFP) increased by 64,000, according to data released Tuesday by the Bureau of Labor Statistics (BLS). The reading surpassed market expectations for a gain of 50,000, offering a modest upside surprise to investors. The better-than-expected job growth suggests …

U.S. initial jobless claims climbed more than expected last week, breaking from the prior week’s sharp drop to a three-year low and offering a slightly softer signal on labor market momentum ahead of the next Federal Reserve decision window. First-time applications for state unemployment benefits rose to 236,000 in the …

Following the Fed’s year-end 25 bps rate cut, major markets and key assets are closely watching Chair Jerome Powell’s post-meeting comments. Investors are paying attention to his guidance on inflation, the labor market, and the Fed’s policy outlook for 2026, as these statements could shape short-term movements in the US …

The number of Americans filing for first-time unemployment benefits fell sharply last week, hitting the lowest level in more than three years and signaling continued resilience in the labor market despite broader signs of cooling. Seasonally adjusted initial jobless claims dropped to 191,000 in the week ending November 29, according …

President Trump signed a stopgap funding package late Wednesday, formally ending the longest U.S. government shutdown (43 days). The measure, passed by both chambers this week largely along party lines, funds most agencies through Jan. 30 and provides full-year appropriations for select departments. The Senate advanced the deal on Monday …

The U.S. dollar slipped to its lowest level in more than a week on Tuesday, as renewed signs of weakness in the labor market and optimism over a possible end to the government shutdown weighed on the currency.Investors continued to sell the greenback amid growing speculation that the Federal Reserve …

U.S. private-sector employment rose by 42,000 in October, according to ADP, topping the 25,000 increase economists expected and offering a modest counterweight to worries about cooling labor demand. While hardly a hiring surge, the upside surprise nudges the narrative away from an imminent growth scare and underscores that job creation—though …

The Fed has just enacted its second interest rate cut in a row, lowering the federal funds target range to a decisive 3.75 percent to 4 percent. This action, which brings the benchmark rate below 4 percent for the first time since late 2022, was a clear response to mounting …

Canadian retail sales saw a notable 1.0% increase in August, rising to $70.4 billion, according to data released Friday by Statistics Canada. This performance marked a decisive turnaround following a contraction in July, with the growth observed across six of nine subsectors. Significantly, the gain was matched by a 1.0% …

Canada’s Consumer Price Index (CPI) edged higher in September, signaling a modest uptick in inflation and complicating the outlook for future monetary policy decisions by the Bank of Canada (BoC). According to Statistics Canada, the CPI rose 2.4% year-on-year, accelerating from 1.9% in August and slightly exceeding market expectations. On …