U.S. employers added just 143,000 jobs last month
Still, the jobless rate slipped to 4% to start 2025
- By: Paul Wiseman, The Associated Press
- February 7, 2025 February 7, 2025
- 09:32
Still, the jobless rate slipped to 4% to start 2025
The BoC governor says central banks can't address weaker output and higher inflation at the same time
The manufacturing sector carried the largest employment gains, adding 33,000 jobs
Global wealth management revenue grows 19.7% year over year to $233.4 million
Regulator defends its conduct in 'mini-bond' investigations
Early indications point to progress on immigration, but goals remain distant
Several clients who lost money filed lawsuits last year
Economic fallout would weigh on banks' credit quality, driving loan losses
Report says rent declined for the fourth straight month following 38 consecutive increases
Insurer plans $500 million in share buybacks in 2025
Claims rose by 11,000 to 219,000 last week
Two of the nine-member panel voted for an even bigger cut
B.C. court refuses to dismiss case, despite similar action in Ontario
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