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Latin America employment recovers but nearly half work informally, ILO says
By Juana CasasSANTIAGO, Dec 11 (Reuters) - Latin America and the Caribbean saw moderate employment recovery in the first half of 2025, with unemployment near 6%, one of the lowest rates in 15 years, but informality and inequality remain entrenched, the International Labour Organization warned on Thu...Reuters
33 minutes ago
Canada posts a trade surplus in September, beating expectations of a deficit
Canada posts trade surplus of C$153 million in SeptemberThis is the first ever trade surplus since January 2025Canada's surplus with U.S. at its highest level since FebruaryTotal exports in September grew by 6.3% to C$64.23 billionBy Promit MukherjeeOTTAWA, Dec 11 (Reuters) - Canada posted a sma...Reuters
37 minutes ago
WRAPUP 1-US weekly jobless claims post largest increase in nearly 4-1/2 years
Weekly jobless claims increase 44,000 to 236,000Claims data is volatile around this time of yearContinuing claims decrease 99,000 to 1.838 millionTrade deficit narrows 10.9% to $52.8 billionBy Lucia Mutikani WASHINGTON, Dec 11 (Reuters) - The number of Americans filing new applications for unempl...Reuters
47 minutes ago
US wholesale inventories rebound strongly in September
WASHINGTON, Dec 11 (Reuters) - U.S. wholesale inventories rebounded in September amid increases in the stocks of long-lasting manufactured goods, which likely provided a lift to gross domestic product in the third quarter.Stocks at wholesalers increased 0.5% after falling 0.1% in August, the Commerc...Reuters
53 minutes ago
India's Modi holds third call with Trump since tariff hike
Dec 11 (Reuters) - India's Prime Minister Narendra Modi said he spoke with U.S. President Donald Trump by phone on Thursday, as New Delhi seeks relief from 50% tariffs imposed by Washington on some of the country's key exports."We reviewed the progress in our bilateral relations and disc...Reuters
58 minutes ago
Bund yields close to 9-month high, spread with Treasuries hits lowest since June 2023
US borrowing costs drop sharply after dataECB policy rates seen stable through 2026Markets price a 55% chance of a rate hike in March 2027Analysts cautious as euro zone inflation is expected to undershootBy Stefano Rebaudo Dec 11 (Reuters) - The euro zone's benchmark Bund yield hovered near a...Reuters
2 hours ago
Canada posts a trade surplus in September beating expectations of a deficit
OTTAWA, Dec 11 (Reuters) - Canada posted a small monthly international trade surplus in September, reversing a trend of seven consecutive months of deficits, data showed on Thursday.It registered a marginal trade surplus of C$153 million ($110.92 million) in September, following a C$6.43 billion def...Reuters
2 hours ago
US September trade deficit lowest in more than five years as goods exports soar
WASHINGTON, Dec 11 (Reuters) - The U.S. trade deficit unexpectedly narrowed in September, touching the lowest level in more than five years, as exports accelerated and imports rose marginally, suggesting that trade likely provided a boost to economic growth in the third quarter. The trade gap cont...Reuters
2 hours ago
US weekly jobless claims surge amid seasonal adjustment challenges
WASHINGTON, Dec 11 (Reuters) - The number of Americans filing new applications for unemployment benefits surged last week, but that likely reflected difficulties adjusting the data for seasonal fluctuations around this time of year, rather than a material change in labor market conditions. ...Reuters
3 hours ago
