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New Zealand’s Unemployment Rate rises to 5.2% in Q2 vs. 5.3% expected
New Zealand’s Unemployment Rate rose to 5.2% in the second quarter (Q2) from 5.1% in the first quarter, according to the official data released by Statistics New Zealand on Wednesday. The figure came in below the market consensus of 5.3%.Fxstreet
Tue, Aug 5
Finning International Q2 revenue misses estimates
OverviewFinning Q2 2025 revenue of CAD 2.6 bln missed analyst expectations, per LSEG dataAdjusted EPS from continuing operations rose 5% but missed analyst estimates, per LSEG dataEquipment backlog reached an all-time high of C$3.0 bln, driven by mining ordersOutlookFinning expects steady infrastruc...Reuters
Tue, Aug 5
Footwear firm Weyco's Q2 sales fall 9%, net earnings drop 60%
OverviewWeyco Q2 2025 net sales fall 9% yr/yr amid economic uncertaintyNet earnings for Q2 2025 drop 60%, impacted by tariffs and lower salesDiluted EPS declines to $0.24 from $0.59 in Q2 2024OutlookCompany anticipates continued sales pressure amid economic uncertaintyWeyco expects top-line pressure...Reuters
Tue, Aug 5
Evolus Q2 revenue rises 4% to $69.4 mln
OverviewEvolus Q2 2025 global net revenue rises 4% to $69.4 mlnCompany expects meaningful profitability in Q4 2025Launch of Evolysse drives revenue growth amid U.S. market challengesOutlookEvolus expects 2025 revenue between $295 mln and $305 mlnCompany anticipates Q4 2025 profitability and annual p...Reuters
Tue, Aug 5
Fed hawks and doves: what US central bankers are saying
By Ann Saphir Aug. 5 (Reuters) - The Federal Reserve left its policy rate in the 4.25%-4.50% range at its July 29-30 meeting to keep downward pressure on inflation, which remains above target.Vice Chair for Supervision Michelle Bowman and Governor Christopher Waller both dissented, arguing that t...Reuters
Tue, Aug 5
WRAPUP 1-US trade gap skids to 2-year low; tariffs exert pressure on service sector
Trump's tariffs impact U.S. economy beyond tradeChina trade deficit narrows by 70% over five monthsServices sector shows signs of softening due to tariffsBy Dan Burns Aug 5 (Reuters) - The U.S. trade deficit narrowed in June on a sharp drop in consumer goods imports, and the trade gap with Ch...Reuters
Tue, Aug 5
NY Fed flags rise in student loan borrowing troubles in second quarter
NY Fed finds 1% rise in overall household debt in second quarterDelinquency transition rate stands at 4.4% in second quarterStudent loans and some mortgages face trouble in second quarterBy Michael S. Derby NEW YORK, Aug 5 (Reuters) - Total household debt levels rose during the second quarter as ...Reuters
Tue, Aug 5
UN agency raises still modest growth forecast for Latin America, Caribbean
Inflation, unemployment seen stable Brazil's forecast upgraded to 2.3% growth from 2.0%Mexico growth forecast held at sluggish 0.3%Agency warns of geopolitical tensions, rising protectionismSANTIAGO, Aug 5 (Reuters) - Economies in Latin America and the Caribbean are on track for modest growth th...Reuters
Tue, Aug 5
NY Fed flags rise in student loan borrowing troubles in second quarter
NY Fed finds 1% rise in overall household debt in second quarterDelinquency transition rate stands at 4.4% in second quarterStudent loans and some mortgages face trouble in second quarterBy Michael S. Derby NEW YORK, Aug 5 (Reuters) - Total household debt levels rose during the second quarter as ...Reuters
Tue, Aug 5
ANALYSIS-Brazil's economy ready to ride out Trump's 50% tariff
Brazil's economy resilient due to exemptions and China trade tiesLula dismisses Trump's tariff threats as blackmailBrazil's exports to US only 12%, China 28%By Marcela Ayres and Bernardo Caram BRASILIA, Aug 5 (Reuters) - Brazilian goods imported by the United States will soon carry on...Reuters
Tue, Aug 5
