By Julie Gordon OTTAWA (Reuters) -Canada’s exports rose in September, largely driven by better wheat volumes and prices, while imports…
U.S. labor market resilience persists; productivity remains weak
By Lucia Mutikani WASHINGTON (Reuters) -The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting…
U.S. service sector slows in October; price pressures build up – ISM survey
WASHINGTON (Reuters) – The U.S. services industry grew at its slowest pace in nearly 2-1/2 years in October, but businesses…
U.S. is not in recession, data strong, says White House
WASHINGTON (Reuters) – The United States is not in a recession, White House chief of staff Ron Klain said on…
Stripe to lay off 14% of employees
(Reuters) – Stripe Inc is cutting its headcount by around 14%, the digital payments processing giant said in a blog…
Central banks stay firmly in rate hike mode but slowdown on cards
LONDON (Reuters) – The United States, Australia, Britain and Norway have all raised interest rates this week in the latest…
Runwise raises $19 million to improve buildings’ energy efficiency
By Juliette Portala (Reuters) – U.S.-based building technology firm Runwise said on Thursday it had raised $19 million in a…
U.S. productivity rebounds moderately in third quarter
WASHINGTON (Reuters) – U.S. worker productivity rebounded less than expected in the third quarter, resulting in continued upward pressure on…
Tesla ships 71,704 China-made EVs in October – CPCA
(Reuters) – Tesla Inc delivered 71,704 China-made electric vehicles (EVs) in October, down 14% from a record high in the…
U.S. trade deficit widens in September
WASHINGTON(Reuters) – The U.S. trade deficit widened sharply in September, likely as a strong dollar and softening global demand weighed…