U.S. employers added just 22,000 jobs last month
Hiring decelerated from 79,000 in July amid uncertainty over Trump's policies
- By: Paul Wiseman, The Associated Press
- September 5, 2025 September 5, 2025
- 09:12
Hiring decelerated from 79,000 in July amid uncertainty over Trump's policies
Economists had forecast a 7% unemployment rate for the month
Year-to-date inflows have already reached $73 billion
Bank of England consults on measures to enhance repo market resilience
Plan includes cutting core clearing fees by 35% while scrapping rebates
Industry, investors have until Sept. 29 to provide feedback on reforms to give body binding powers
Fund investors lost over US$400 million on scheme, U.S. authorities charge
Pre-budget submissions focus on tax policy, business growth
Cost of living trumps tariffs as top concern for Canadians, cabinet hears
Vehicle sales down 2.9% from last year as economy slows
Milestone follows record-breaking inflows in first half
Canada's trade surplus with the U.S. widened to $6.7B in July
Unemployment remains low at 4.2%, but fewer employers are hiring
Meanwhile, the U.S. stock market held relatively steady near its records
Paper calls for guardrails against negative side effects of digital innovation
Asset performance to weaken as growth slows and inflation, rates face pressure
Shell companies, crypto exchange processed US$470 million in drug money
In series of legal filings, regulator claims exclusive jurisdiction
Project designed to avoid creating needless burden with new regime
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
Powell has signalled he could stay on Fed board after term as chair ends May 15
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
Plus, a new gold bullion mutual fund and a slew of product lineup changes
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales