Author: Economy

Women outnumbered men in the workforce for eight straight months as of September, according to one analysis.

Nonfarm payrolls rose by just 29,000 in September, well below the 84,000 forecast, and the unemployment rate rose to 4.2%, the Bureau of Labor Statistics said.

Wall Street is looking for job growth of 84,000 to close out the summer.

The personal consumption expenditures price index was projected to show an annual gain of 3.7% on headline and 3.3% for core, according to the Dow Jones consensus.

Private job creation picked up in September after a brief slowdown.

Data is expected to show ongoing price pressures and consumers who nevertheless continue to spend.

The Conference Board’s Consumer Confidence Index tumbled to 81.9, a decline of 6.7 points and a reading well below the forecast for 89.

President Donald Trump says he expects Ottawa to concede to its demands on trade in the coming weeks, but Canadian officials insist they won’t sign a bad deal.

The hike of 25 basis points was in line with expectations by economists polled by Reuters.

Economists expect Beijing to lean harder on stimulus to stabilize corporate profitability, as consolidation accelerates in sectors facing sluggish demand and fierce competition.