US adds 162,000 jobs in August, raising Fed rate hike expectations
Unemployment rate steady as public schools and food services lead the surge in US job growth for August.
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US inflation holds at 3.7 percent in July, above Fed target
Inflation has worsened since the US and Israel attacked Iran, sending energy prices spiralling.
Canada hits US with counter-tariffs on more than 700 products
Canada imposes tariffs on $19.9bn of US goods which will take effect on September 8 as trade talks with Washington collapse.
Trump slams Canada with new 50 percent auto tariffs from January
Trump said tariffs on Canadian auto and steel will double to 50 percent from January 1.
US, Canada negotiators race to ink a deal as Trump’s tariff deadline looms
Experts say even a last-minute breakthrough will not result in the US lifting all its tariffs on Canadian goods.
Walmart sees sales drop as US consumer spending retreats
Fuel prices above $4 per gallon impact consumer behaviour, driving spending trade-offs and slowing Walmart’s growth.
Oil flows nearly tripled before US-Iran MoU expired, analysis shows
Some 374 million barrels of oil exited the Gulf during 60-day window covered by MoU, Kpler data shows.
South Korea’s rookie investors lose small fortunes amid AI stocks frenzy
South Korea’s stock market has attracted a wave of novice investors amid booming demand for chips used in AI.
Trump and Carney speak ahead of US tariff deadline
The new US tariffs would cover about $20bn worth of imports and could lead to job losses and business closures.
Landmark trial on Meta’s impact on children’s mental health begins in US
Parent company for Facebook and Instagram is accused of deliberately designing its platforms to get children addicted.
CEO pay skyrockets in 2025 amid growing income inequality in the US
Elon Musk earned 2.5 million times more than a Tesla worker’s median pay in 2025, despite revenue and sales declines.
