US Hiring Intentions Pull Back While Job-Cut Announcements Rise
Hiring plans fell to the weakest level for any August on record and intended job cuts mounted amid broader economic…
BOE Proposes Gilt Repo Reforms to Tame Risks From Leverage
The Bank of England unveiled proposals designed to improve the resilience of the UK bond market during periods of stress,…
Hungary’s Varga Touts Stable Forint for Growth, Inflation Fight
Hungarian central bank governor Mihaly Varga said currency stability is key for slowing inflation and laying the groundwork for more…
US Firms Add 54,000 Jobs in ADP Data, Less Than Forecast
Hiring at US companies was less than forecast in August, consistent with other evidence that points to weaker demand for…
Canada’s Goods Trade Deficit Narrows as Exports Rise Slowly
Canada’s merchandise trade deficit narrowed by more than expected as the country’s exports show signs of a slow rebound from…
US Trade Gap Widens to Largest in Four Months on Import Flurry
The US trade deficit widened in July to a four-month high as companies raced to import goods and materials before…
US Initial Jobless Claims Rise to Highest Level Since June
Applications for US unemployment benefits rose to the highest since June, adding to evidence that the labor market is cooling.…
US Services Activity Expands at Fastest Pace in Six Months
Activity at US service providers expanded in August at the fastest pace in six months on the sharpest acceleration in…
Fed’s Williams Says It’s Appropriate to Cut Rates Over Time
Federal Reserve Bank of New York President John Williams said his forecast is that it will “become appropriate” to cut…