By Priya Raman
Economist by training. Covers central banks, inflation, jobs data and the policy decisions that shape the cycle.
Australia's services sector hits six-month high as new orders return
Australia's services sector expanded at its fastest pace in six months in July, with S&P Global's PMI rising to 53.6. New orders returned an
Suncor beats profit forecasts on record refining output
Suncor beat second-quarter profit estimates thanks to record refinery throughput and fuel sales, even as upstream production dipped. The Can
Marathon Petroleum's best quarter in four years came from chaos
Marathon Petroleum's second-quarter profit quadrupled to $5.14 billion as supply disruptions near the Strait of Hormuz pushed refining margi
US consumer gloom persists as trade deficit narrows in June
Consumer sentiment dipped to 45.1 in early August, reflecting worries about the next six months. Meanwhile, the June trade deficit narrowed
Europe's record-low rivers threaten industry and energy output
Europe's major rivers are at record lows, disrupting shipping, energy production, and car manufacturing. The economic damage is mounting, wi
Consumer confidence slips in August but outlook for personal finances improves
Consumer confidence slipped in August, but Americans' view of their own finances improved. The six-month outlook fell, while financial stres
US factory orders slip 0.3% in June, missing forecasts despite durable goods strength
New orders for US factory goods dropped 0.3% in June, missing expectations for a 0.2% gain. Durable goods were revised higher, but broader w
Canada's factory growth hits four-year high in July, PMI shows
Canada's factories expanded at the fastest pace in over four years in July, according to the S&P Global manufacturing PMI. But tariffs and h
BP shifts focus from size to cash returns as liabilities weigh
BP's CEO is resetting expectations, downplaying the 'super major' label as roughly $40 billion in liabilities and a spread-thin asset base d
RBC sees Canada's job market steadying as July report nears
RBC Economics expects Canada's July jobs report to show modest gains and steady unemployment, suggesting the labor market is stabilizing. Th
Saudi non-oil growth slows but stays solid as exports slip
Saudi Arabia's non-oil private sector kept expanding in July, though at a slightly slower pace. The PMI fell to 53.1 from 53.3, with domesti
Bank of Korea signals more rate hikes after July move
The Bank of Korea's July meeting minutes reveal officials see the first rate hike in 3-1/2 years as the start of a tightening cycle, not a o