U.S. applications for jobless benefits inch up for the first time in 7 weeks
Layoffs remain low as labour market shows resilience
- By: Matt Ott, The Associated Press
- July 31, 2025 July 31, 2025
- 09:37
Layoffs remain low as labour market shows resilience
Prices climb 2.6% in June amid tariff pressure
Weakness in mining, oil and gas offset gains in manufacturing
Investors were misled about the use of a new cryptoasset, U.S. authorities alleged
$3M drop in net income driven by investment loss, fall in fee and other income
Regulators propose changes to harmonize with SEC rules, ease restrictions
Volume of cases stable, but dollars at stake up sharply in 2025, report finds
Regulator allows in-kind creation/redemption of units
Central bank holds key rate at 4.3% for fifth time this year
Central bank points to economic resilience but flags trade tensions
White House aims to raise tariff revenue to offset tax cuts and boost jobs
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