The US labor market remains stable; trade deficit increases in February

Trade balance

Weekly jobless claims fall 9,000 to 202,000 Continuing claims add 25,000 to 1.841 million The trade deficit widened by 4.9% to $57.3 billion in February WASHINGTON, April 2 (Reuters) – New claims for U.S. jobless benefits fell sharply last week to a record low, suggesting labor market conditions remained calm in March, even as economists … Read more

Higher oil prices could significantly reduce Alberta’s budget deficit

Higher oil prices could significantly reduce Alberta's budget deficit

Open this photo in the gallery: Oil pumps in a farmer’s field near Calgary in November, 2025. The Alberta government had projected a $4.1-billion deficit in the current fiscal year.Todd Korol / Reuters When Alberta Finance Minister Nate Horner released the annual budget more than a month ago, he warned of “difficult decisions” ahead, painting … Read more