Explainer-What happens after the TikTok ban?
By Sheila Dang (Reuters) -The U.S. Supreme Court justices on Friday expressed skepticism about a challenge from TikTok and its Chinese parent company ByteDance against a law signed by President…
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Jobs report fuels Treasury yield surge as markets brace for 5% threshold
By Davide Barbuscia NEW YORK (Reuters) – A recent surge in U.S. Treasury yields may gain even more momentum after a strong jobs report reinforced expectations that interest rates will…
Macquarie says Canada employment report deserves added caution
On Friday, Macquarie economists said that the latest employment report from Canada deserves added caution. The report, which showed a significant increase of 91,000 jobs in December, was primarily driven…
UBS’s Rose: Little reason for Fed to cut after blowout December jobs report
Investing.com — The blowout December jobs report on Friday underscored the strength in the economy, putting out any remaining embers of hope for sooner rate cuts, UBS said, cautioning that rate cuts…
Macquarie forecasts single rate cut in 2025 after robust jobs report
The latest US employment report indicated a strengthening labor market, with Macquarie economists interpreting the data as a sign of stabilization expected to continue into 2025. The December report highlighted…
US consumer inflation expectations soar in January on tariff fears
WASHINGTON (Reuters) – U.S. consumers expect inflation to increase over the next 12 months and beyond, likely reflecting concerns that broad tariffs on imports pledged by President-elect Donald Trump’s incoming…
BofA bets on a potential Fed rate hike after jobs report, top Wall-St brokers revise forecasts
By Siddarth S (Reuters) – Top Wall-Street brokerages revised their Fed rate cut forecasts, after a blow-out U.S. jobs report on Friday, with BofA Global Research forecasting a potential rate…
China has ample fiscal space to bolster growth this year
BEIJING (Reuters) – China has ample fiscal policy space and tools to support economic growth this year and it will step up spending to spur investment, Vice Finance Minister Liao…
Wall Street analysts react to latest NFP data
Investing.com — The latest non-farm payroll data was reported on Friday, with unemployment falling to 4.1% and 256,000 payroll gains. Here’s how Wall Street analysts reacted: Evercore ISI: “A quite strong…
Canadian ministers discussing potential retaliation against US tariffs
OTTAWA (Reuters) – Canadian cabinet ministers will discuss on Friday how they could retaliate if the new U.S. administration imposes tariffs on imports from Canada, Foreign Minister Melanie Joly said.…