The US labour market is the focus in markets and for the economic outlook. This week we received some weak signals from the private ADP employment report and the Challenger report. The ADP report showed private employment growth stalling in both August and September against expectations of continued moderate rises. The Challenger report revealed that […]
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US inflation data for January presented a mixed picture, with price pressures remaining firm even as the headline annual pace eased slightly. The headline PCE price index rose 0.3%om, while the core measure—which excludes food Read more…
Canada’s labor market suffered a sharp setback in February, with employment plunging by -83.9k, far worse than expectations for a modest gain of around 10k. The decline marks a significant deterioration in labor conditions. The Read more…
Wegovy costs $1,350 a month without insurance, and Zepbound runs $1,086. If you’re on Medicare, you’ve either been paying those prices out of pocket or going without. This is because federal law has barred Medicare Read more…