U.S. job openings fall to lowest level in 2 years as demand for workers cools
Data suggests the labour market is slowly normalizing from post-pandemic extremes
- By: Christopher Rugaber, The Associated Press
- August 1, 2023 August 1, 2023
- 15:18
Data suggests the labour market is slowly normalizing from post-pandemic extremes
Associations, hedge funds and wealth management firms all made new appointments
Decline in working population to pressure growth and government finances
Reducing hours and stress could entice older workers to stay employed, survey finds
Toronto-based firm sold 20% stake in U.S. business in May
Companies aren't doing enough to align portfolios, engage with companies and policymakers
Regulator issues proposed guidance for public comment until Aug. 25
Compliance reviews exposed gaps in firms' anti-money laundering controls
Bill C-42 would bring public access to private corporations’ beneficial ownership info
Home sales, earnings and a jobs report are coming this week
Regulator insists cryptoassets were securities, despite efforts to skirt that designation
Declining loan growth, rising funding costs temper benefit of higher rates, Moody's says
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