Friday, January 17, 2020

 


Canadian Press
Employers post fewer jobs in November

WASHINGTON — The number of available jobs fell sharply in November, dropping to 6.8 million, a decline of 7.6% from the October level.

The Labor Department reported Friday that the job openings number for November was down by 561,000 from the October level of 7.36 million.

Some economists took the big decline as a sign that the labour market may be slowing after strong job growth over the past few years has pushed the unemployment rate down to the lowest level in a half-century.

“The labour market (full story)

 
S&P/TSX composite in record territory for another day, U.S. stocks mixed
TORONTO — Canada's main stock index was in record-high territory for another day as a broad-based rally helped it move higher even as energy stocks stepped back. (full story)
Grains mostly higher, livestock mixed.
Grain futures were mostly higher Friday in early trading on the Chicago Board of Trade. (full story)
For major shippers, 2019 ended on a sour note
For major shipping companies dealing with trade wars and slowing global growth, conditions appear to have deteriorated as 2019 came to a close. (full story)

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Associated Press
Banks, communications companies lead stocks higher at midday

NEW YORK (AP) — U.S. stocks edged higher in midday trading Friday as solid earnings from banks helped extend momentum from the previous day's rally.

State Street and Citizens Financial were among the latest banks to report encouraging results in a week of solid reports from larger financial institutions. Investors were also digesting the latest government housing data which showed a December surge in new home construction.

The latest bright sign on the economy follows Thursday’s solid retail sales repor (full story)

 
US agency examining Tesla unintended acceleration complaint
DETROIT (AP) — The U.S. government's auto safety agency is looking into allegations that all three of Tesla's electric vehicles can suddenly accelerate on their own. (full story)
Employers post fewer jobs in November
WASHINGTON (AP) — The number of available jobs fell sharply in November, dropping to 6.8 million, a decline of 7.6% from the October level. (full story)
China's 2019 economic growth weakens amid trade war
BEIJING (AP) — China’s economic growth sank to a new multi-decade low in 2019 as Beijing fought a tariff war with Washington, but forecasters said a U.S.-Chinese trade truce might help to revive consumer and business a (full story)

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