Canada's unemployment rate unexpectedly fell to a new record low in June, even as the economy posted a surprise decline in jobs, while wages accelerated sharply, official data showed on Friday, reinforcing calls for a supersized interest rate hike.
Canada's unemployment rate fell to a new record low 4.9% in June, beating expectations, even as the economy posted a surprise decline in jobs, while wages accelerated sharply, official data showed on Friday.
Critics of outgoing Angolan President Jose Eduardo dos Santos accuse him of stripping his country of much of its vast oil wealth to enrich himself and his family.
One person has died from the Listeria outbreak, and 22 people were hospitalized.
Angola is heading for a historic change as the oil-rich country votes in an election marking the end of President Jose Dos Santos' 38-year reign.
Will Smith was paid $100 million for “Men in Black 3.”
Wall Street ended little changed on Friday after a volatile session in which investors tried to comprehend how a robust jobs report would influence the U.S.
Wall Street was flat on Friday afternoon, although that belied the swings each benchmark had experienced throughout the day as investors sought to comprehend what a robust jobs report would mean for the Federal Reserve's plans to hike interest rates.
Wall Street's main indexes slipped on Friday after stronger-than-expected jobs data fueled expectations of another big interest rate hike by the U.S.
Rogers Telecommunications said its network was beginning to recover late on Friday after a 19-hour service outage at one of Canada's biggest telecom operators shut banking, transport and government access for millions, drawing outrage from customers and adding to criticism over its industry dominance.
A major network outage at one of Canada's biggest telecom operators shut banking, transport and government access for thousands on Friday after the second widespread disruption to hit Rogers Telecommunications Inc in a little over a year.
Cameroon's mushroom growers looking beyond the kitchen
The closely watched criminal trial of three former JPMorgan Chase & Co employees kicked off on Friday, with a prosecutor saying they "ripped off" the precious metals futures market with fake orders and defense attorneys saying the orders were genuine.
Three former JPMorgan Chase & Co employees worked together to scam other traders in the precious metals futures market, a U.S.
Three former JPMorgan Chase & Co employees face a U.S.
UK's Sunak unveils bid to be leader amid calls for Johnson to go now
U.S. Treasury Secretary Janet Yellen heads to Asia next week to meet with officials from Japan, South Korea and other G20 economies as she seeks to build support for a price cap on Russian oil, the Treasury Department said on Friday.
A sudden jump in carbon prices coupled with floods and droughts this year would lead to losses of at least 70 billion euros ($71.1 billion) for the euro zone's largest banks, the European Central Bank said on Friday.
Philippines' Nobel laureate Ressa loses appeal of cyber libel conviction
Pipeline uncertainty leaves Germany with energy jitters
Long one of the globe's economic stars, Germany is on a brink of a reversal of fortune which some fear imperils the prosperity built by its post-war generation.
Investors hit by Russia's debt default may have to settle some of their positions privately if the U.S.
U.S. job growth increased more than expected in June and the unemployment rate remained near pre-pandemic lows, signs of persistent labor market strength that give the Federal Reserve ammunition to deliver another 75-basis-point interest rate increase later this month.
Despite the anticipated slowdown in job growth last month, the Labor Department's closely watched employment report Friday could ease fears of a recession that have mounted in recent days following a raft of tepid economic data.
TikTok sued in US after girls die in 'Blackout Challenge'
Using lasers and 'tow-trucks', Japanese firms target space debris
US shares flat on strong job growth, euro closes in on dollar parity
Gamestop confirmed to employees Thursday that its CFO is out and the layoffs were necessary to transform the company.
Wall Street dropped and oil jumped Friday morning after a strong jobs report in the United States suggested the Federal Reserve may have further to go to cool off the economy and stifle inflation.
The U.S. dollar rose on Friday after data showed the world's largest economy created more jobs than expected in June, cementing expectations of another 75 basis-point hike at the Federal Reserve's policy meeting later this month.
