Jobs

The US and Canadian jobs report will be released at the end of the hour. What to expect for May in the United States?Nonfarm Payrolls Estimates 185k (vs. 175k)Private payroll, 170,000 vs. 167,000 last month.Manufacturing payrolls, 5k vs 8k…

The US jobs report will be released at 8:30 AM EST tomorrow. Last month (April), payrolls reached 175,000 which was well below the estimate of 243,000 at the time. The previous month's revision was -22k. Other details from the April…

The average consensus estimate for the US ISM Services PMI is 50.5, as can be seen in the screenshot below, from the ForexLive Economic Data Calendar, Access it here. I saw Reuters with its forecast at 50.8. Data outcomes that fall outside…

Investing.com - The Euro (EUR) saw a slight rise on Monday, crossing the 1.09 mark against the US Dollar (USD), as traders anticipate potential catalysts that could lead to further rises. Despite the lack of enthusiasm in the FX options…

"We're hiring!" A sign is displayed at a Starbucks coffee shop on Hollywood Boulevard on June 23, 2021 in Los Angeles, California.Mario Tama/Getty ImagesThe stock market faces a big test this week with the release of the May jobs…

Two central banks meet next week and are expected to cut interest rates. The Bank of Canada will announce its interest rate decision at 9:45 a.m. on Wednesday. They are expected to reduce the interest rate to 4.75% from 5.0%. The last…

The World Bank has asked the government to impose sanctions on Cabinet ministers, governors and CEOs of parastatals that continue to pay canceled concessions as part of conditions for a 157.8 billion shillings ($1.2 billion) loan to…

Years before OpenAI's ChatGPT showed the world what generative AI technology could do, venture capitalist Kai-Fu Lee saw the enormous potential of AI in the business market. The Chairman and CEO of Sinovation Ventures predicted in…

(Reuters) - Australian telecommunications company Telstra (OTC:) said on Tuesday it would cut up to 2,800 jobs from its direct workforce by the end of this year, as part of its proposed measures to streamline operations and cut costs.…

The Justice Department on Thursday announced the arrest of three people in a complex stolen identification scheme that officials say generates enormous revenues for the North Korean government, including its weapons program. The scheme…