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Economic News

Weekly jobless claims in the United States unexpectedly rise

Weekly jobless claims in the United States unexpectedly rise Last week, the number of Americans filing new claims for unemployment benefits unexpectedly increased, but remained at levels associated with tightening labour market conditions. The Labor Department reported on Thursday that

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Oil costs hold consistent as Russia-Ukraine pressures cool

Oil costs hold consistent as Russia-Ukraine pressures cool Oil costs steadied on Wednesday subsequent to withdrawing over 3% in the past meeting as financial backers checked the effect of facilitating Russia-Ukraine strain against a rigid harmony between close worldwide supplies

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Canadian dollar weakens as oil recovery loses momentum

Canadian dollar weakens as oil recovery loses momentum The Canadian dollar weakened against the US dollar on Tuesday, returning some of yesterday’s strong gains, driven by falling oil prices and country data showing an unexpected trade deficit 78.70 US cents,

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