By Priya Raman
Economist by training. Covers central banks, inflation, jobs data and the policy decisions that shape the cycle.
Why Canada's jobs report may take a back seat to US payrolls
Canada's July jobs report drops at the same moment as US nonfarm payrolls. ING says currency traders will likely focus on the US data, which
France's unemployment rate hits 8.3%, highest since late 2020
France's unemployment rate climbed to 8.3% in the second quarter, its highest since late 2020, as 62,000 more people lost work. The rise was
CATL's Jianxiawo lithium mine restart still blocked by environmental review
CATL's Jianxiawo lithium mine in China remains closed as regulators require a new environmental impact assessment after the project's minera
China's July trade surplus beats forecasts despite narrowing
China's July trade surplus narrowed to $112.5 billion but still beat forecasts. Exports jumped 23.9% and imports rose 27.5% year over year,
Petrobras profit jumps 96% as oil rises, but fuel subsidies lag
Brazil's state-run oil giant Petrobras reported a 96% jump in second-quarter net profit and announced 17.4 billion reais in payouts. However
Virginia governor enters NextEra-Dominion merger review, seeking stronger promises
Virginia Gov. Abigail Spanberger plans to intervene in the state's review of NextEra Energy's $66.8 billion merger with Dominion Energy. She
July jobs report expected to show 80,000 payroll gain, steady unemployment
Friday's jobs report is expected to show 80,000 new payrolls in July, with unemployment holding at 4.2% and wage growth steady at 3.5%. Mixe
Gold slips as oil jumps on Hormuz report, rate bets firm
Gold slipped as oil prices jumped over 4% on a report that Iran may restrict shipping in the Strait of Hormuz. The move also nudged traders
Alberta's job growth is led by health care and government, not oil
Alberta added 79,000 jobs year-over-year in June, but the gains came from health care and government, not oil and gas. RBC says energy hirin
AI spending lifts Canada's business investment plans to 30%
Canadian businesses are increasingly planning to boost machinery and equipment spending, with the net share hitting 30% in a Bank of Canada
Workers' share of US output hits record low as productivity outpaces pay
The BLS reported labor's share of output dropped to 52.9% in Q2, the lowest since 1947. Productivity gains outpaced wage growth, shifting mo
Sempra raises outlook as Texas power demand hits record 91 GW
Sempra raised its outlook after a strong second quarter, as Texas power demand hit a new July record of 91 gigawatts. The utility's earnings