Jobless claims increase 178,000 in March Unemployment rate drops to 4.3% from 4.4% amid drop in participation rate The average work week shortens to 34.2 hours from 34.3 hours WASHINGTON, April 3 (Reuters) – U.S. job growth picked up sharply in March as a health care workers’ strike ended and temperatures rose, but labor market … Read more
Nonfarm payrolls are forecast to increase 60,000 in March Economists say it will take time for the oil price hike to affect the labor market The unemployment rate is expected to remain steady at 4.4% WASHINGTON, April 3 (Reuters) – U.S. job growth may have picked up in March as a health workers’ strike ended … Read more
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
Retail sales increased by 0.6% in February Basic sales earn 0.5%; a large tax refund guarantees spending Production increases in March, but the supply chain continues to deteriorate WASHINGTON, April 1 (Reuters) – U.S. retail prices rose by the most in seven months in February as car prices rose and temperatures soared, but rising gasoline … Read more
Canada’s economy grew by 0.1% month-on-month in January The preliminary estimate shows growth in February to be around 0.2% Growth in January was led by manufacturing industries Service industries stand out as real estate contractors OTTAWA, March 31 (Reuters) – Canada’s economy grew modestly in January, with monthly output rising slightly as strength in many … Read more
Item 1 of 5 Shoppers walk along Regent Street in London, Britain, May 15, 2025. REUTERS/Maja Smiejkowska/File Photo [1/5]Shoppers walk along Regent Street in London, Britain, May 15, 2025. REUTERS/Maja Smiejkowska/File Photo Purchase Licensing Rightsopens a new tab UK GDP confirmed at +0.1% in Q4 The Iran war is expected to be a major concern … Read more
(This was originally published in the India File newsletter, which is delivered every Tuesday. Subscribe here to get the latest news from India and its relevance to the world.) Battered by outflows, oil fears from the Iran war and faltering investor confidence, the Indian rupee is closing the fiscal year with its worst annual performance … Read more
Prolonged conflicts change the market’s focus to bearish growth Central banks walk a tightrope; UK long-term interest rates are expected to rise by around 100 bps in March Germany is up 69bps, US is up 50bps SINGAPORE/LONDON/NEW YORK, March 30 (Reuters) – Global government bonds are headed for their biggest monthly decline in years as … Read more
Nikkei futures slide, S&P futures widen in fall Brent rose 60% in March, the largest monthly increase Gulf peace talks are uncertain as the US builds up troops SYDNEY, March 30 (Reuters) – Stock markets tumbled in Asia on Monday as investors watched for a prolonged Gulf conflict that has already pushed oil prices to … Read more