U.S. jobless claims see slight rise as layoffs remain historically low
Applications for jobless benefits rose by 14,000 last week
- By: Matt Ott, The Associated Press
- January 16, 2025 April 10, 2025
- 09:38
Applications for jobless benefits rose by 14,000 last week
Expectations of higher inflation and economic growth have pushed the yield on 10-year Treasurys above 4.80%
Investors reminded to diversify amid threat of U.S. trade tariffs
Market worries a replay of 2017, report says
Policymakers aim to address issues exposed in March 2020 market stress
BitMEX sanctioned in U.S. for anti-money laundering, KYC violations
Lower rates, pent-up demand to drive homes prices up 4.7% in 2025
90% of manufacturers expect significant or severe impacts if tariffs are applied
Pension fund lost US$95 million in crypto exchange collapse
Citigroup, Wells Fargo and Goldman Sachs also issued strong results
GDP contracted by 0.2% last year
Inflation eased to 2.5% in December, down from 2.6% the previous month
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