Job vacancies, quits plunge in stark sign of cooling trend in U.S. labour market
The Federal Reserve will likely welcome Tuesday's data
- By: Christopher Rugaber, The Associated Press
- August 29, 2023 August 29, 2023
- 12:50
The Federal Reserve will likely welcome Tuesday's data
The downturn in spending showed up in the earnings reports of many high-profile retailers
Many who remain skeptical may be using the technology already
Majority of Canadian businesses still see rising inflation as obstacle, according to a StatsCan survey
Bank earnings continue, with jobs and GDP data later in the week
Activists say banks aren't delivering on efforts against climate change
Former firm provided reps with improper incentives, regulator alleged
Whistleblower first reported suspected misconduct internally, regulator said
Her address followed a speech earlier Friday in Jackson Hole by Federal Reserve Chair Jerome Powell
Revenues for the period totalled $110.58 billion, up from $107.88 billion a year earlier
Targeted stimulus and consumer spending seen as keys to jump-starting economy
Back-office snafu meant clients didn't get discounts on standard fees
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