The Consumer Price Index (CPI) shot higher by 0.9% month-on-month (m/m) in March, meeting the Bloomberg consensus forecast. On a twelve-month basis, CPI jumped to a near two-year high of 3.3% (from 2.4% in February). Read more…
Canada’s economy added 14k jobs in March (+0.1% m/m), more-or-less in line consensus expectations for a 15k gain. Employment was essentially flat across job types, with full-time employment edging down slightly (-1k) while private-sector employment Read more…
Daily Pivots: (S1) 1.1658; (P) 1.1692; (R1) 1.1733; More…. Intraday bias in EUR/USD is back on the upside with break of 1.1720 temporary top. Rise from 1.1408 is resuming and should target 61.8% retracement of Read more…
Dollar is back under mild pressure as US trading gets underway, with markets reacting to a softer-than-feared inflation report from the US. While headline CPI surged in March, the print missed expectations, easing fears of Read more…
The financial restructuring of a major American packaged food brand is leading to hundreds of job losses in California. When a company files for Chapter 11 bankruptcy, the first step is to initiate court proceedings Read more…
The financial restructuring of a major American packaged food brand is leading to hundreds of job losses in California. When a company files for Chapter 11 bankruptcy, the first step is to initiate court proceedings Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Whether you’re updating your home or Read more…
The most powerful names in U.S. economic policy called the heads of the biggest banks to Washington this week. The subject was not interest rates or the Iran war. It was artificial intelligence. Treasury Secretary Read more…
Canada’s employment rose by 14.1k in March, slightly above expectations of 12.6k, offering a modest rebound after a cumulative decline of -109k over the first two months of the year. Despite the headline gain, both Read more…
US inflation surged in March, with CPI rising 0.9% mom and lifting the annual rate from 2.4% yoy to 3.3% yoy. While the jump was significant, both figures came in slightly below expectations of 1.0% Read more…