Economy
May Jobs Report Ignites Rate Hike Fears, Sinking Big Tech Stocks
Wall Street saw a significant slump as a strong May jobs report boosted odds for higher interest rates, while big technology companies...
Economy 164 articles
Economy
U.S. Adds 172,000 Jobs, Labor Market Gains Steam Amid Inflation Challenge
U.S. employers added 172,000 jobs in May, marking the third consecutive month of gains as the labor market strengthens. However, wage growth...
Economy
Iran War Fallout: Energy Markets Face Years of Disruption
Even with a peace deal, the Iran war's energy and supply chain crisis is set to persist for months or years, defying...
Economy
US Unveils Broad Tariffs Citing Forced Labor Failures
The U.S. Trade Representative proposes new tariffs of 10% or more on products from dozens of major trading partners, including Canada, Mexico,...
Economy
US Imposes New Tariffs on 60 Nations Over Forced Labor Concerns
The US has announced new tariffs of 10-12.5% on 60 trading partners, including the UK, EU, and Canada, citing their failure to...
Economy
Australia’s Q1 Growth Halves, Misses Forecasts Amid Household Caution
Australia's economic growth decelerated sharply in the first quarter, missing expectations as households tightened spending due to rising interest rates and higher...
Economy
Trump Administration Proposes 25% Tariffs on Brazil
The Trump administration has proposed 25% tariffs on Brazilian imports, citing "unreasonable" trade practices after a USTR investigation. This move follows past...
Economy
Kinaxis Launches Forward Deployed Engineering for AI Operationalization
Kinaxis Inc. (TSX:KXS) introduced Forward Deployed Engineering (FDE), a new model to help enterprises operationalize AI and achieve measurable business outcomes.
Economy
South Korea’s Inflation Quickens, Solidifying BOK’s Hawkish Policy
May consumer inflation in South Korea hit 3.1%, its highest in over two years, strengthening the Bank of Korea's hawkish stance. Rising...