U.S. job openings rose in December, pointing to a still-durable labour market
The job market is cooling in a mostly painless way — through fewer openings
- By: Paul Wiseman, The Associated Press
- January 30, 2024 January 30, 2024
- 11:38
The job market is cooling in a mostly painless way — through fewer openings
Physical beauty translates into higher earnings across generations, according to NBER paper
Most economists expect the first rate cut to occur in May or June
Compares to a $3.6B deficit over the same period in 2022-23
Average asking rent for December in Canada jumped to a record high of $2,178 per month
What’s at stake: stable financial markets and a major driver of global economic growth
The latest data suggests the American economy is achieving a difficult “soft landing”
Year over year, redemptions increased 30.5%
Global issuance for 2024 is estimated at US$950 billion
Growth in average weekly earnings rose in the month
Optimism is growing that the Fed is on track to deliver a rare soft landing
Ailing sector poses a headwind to earnings, threat to credit quality
Regular payouts to maintain 4% growth, while variable dividends drop
The central bank is still open to more rate hikes if inflation doesn’t co-operate
A measure of consumer sentiment has jumped by the most since 1991
Commodity producers to hold up better than interest-sensitive regions
Survey finds institutional investors plan to grow private equity, debt holdings
Policymakers to implement consolidated tapes, ban payments for order flow
Lagging effect of higher rates likely to bite this year, report says
However, the rating agency expects a slower pace for those cuts than financial markets are predicting
Canadian consumers are struggling with higher rates, suggests one economist
Tepid performance as well as regulatory and political factors cooled U.S. investors' appetites
Employment readings largely stable to close 2023