ING’s James Knightley notes that stronger-than-expected US August jobs data, with 162,000 new positions and upward revisions, has increased the perceived likelihood of a September Federal Reserve rate hike. He highlights steady unemployment at 4.1%, benign wage growth, and sector concentration in job gains. Knightley stresses that upcoming US inflation…
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Royal Bank of Canada (RBC) economist Claire Fan notes Canada’s labour market lost 42,000 jobs in August, partly reversing earlier gains and leaving modest year-to-date job growth. She emphasizes structural factors like demographics and weaker immigration as key drags. Despite this, she highlights improving unemployment, stronger hours worked, and expects solid domestic demand to support further labour market improvement into 2027.Structural drags but improving indicators”Headline job growth is notoriously volatile, and we continue to continue…
After the islands, my husband flew in to join the trip, and we headed for…
David King is the chief engineer at Vertical Aerospace, a British company developing an eVTOL…
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Rents have moved in opposite directions across major US cities since mid-2023, and changes in where Americans are moving and how much those cities built in response could explain why.Cities like New York and Chicago have seen their rents rise, while others, like Austin, have seen them fall by around…
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View MoreRight on cue, the press got ready to print a bad jobs report for August, and then SLAM, the number comes out up 162,000. About three times the Wall Street consensus. Of course, most of Wall Street and their liberal pals in the press just love to ignore eight straight…
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Nick Meyers, lead climbing ranger for the US Forest Service on Mount Shasta in California, has seen people make plenty of mistakes in the mountains over the past 20-plus years. But he’s seeing a new trend in 2026: hikers erring with AI’s help.Meyers, who is also the director of the…
