News
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ANALYSIS-Easy to lose, hard to restore: US data trust on the line
Data trust can take years to rebuildTrump fired labor statistics head as world hungers for reliable dataAll eyes on new BLS chief, wider Trump hiringIMF says it counts on countries to provide accurate data By Andrea Shalal and Davide Barbuscia WASHINGTON/NEW YORK, Aug 5 (Reuters) - Donald Trump&...Reuters
Wed, Aug 6
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
