The retailer’s pre-tax profit fell 7.7% to £852m despite strong sales growth driven by acquisitions and apparel demand. JD Sports reported a 10.5% increase in revenue to £12.66bn for the fiscal year ended 31 January 2026, supported by acquisitions and regional growth outsi
April employment growth exceeded forecasts, easing Fed rate hike concerns despite elevated oil prices near $100.24 a barrel. U.S. equities advanced Friday as April jobs data showed stronger-than-expected growth, reinforcing labor market resilience. The Dow Jones gained 0.2
Job losses in Canada total 112,000 in 2026, with flat hours worked and rising unemployment signaling labor market weakness. Canada lost 18,000 jobs in April, extending a downturn that has erased 112,000 positions in 2026. The unemployment rate climbed to 6.9%, its highest
Royal Bank of Canada (RBC) economist Claire Fan notes that Canada lost 18,000 jobs in April, bringing total job losses in 2026 to 112,000, while the unemployment rate rose to 6.9%. Hours worked were flat and participation increased Rising unemployment is attributed
GBP/USD advances around 1.3630 on Friday at the time of writing, up 0.54% on the day, benefiting from broad US Dollar weakness following the release of the US employment report. The Bureau of Labor Statistics (BLS) reported that Nonfarm Payrolls (NFP) increased by 115K in
American consumer confidence is expected to have deflated in early May, as households have been growing more pessimistic about current conditions and the broader economic outlook, according to preliminary data from the University of Michigan. The closely watched Consumer S
Lime, the Uber-backed electric bike and scooter rental company, filed for an initial public offering on Friday with the U.S. Securities and Exchange Commission, seeking a listing on the Nasdaq Global Select Market under the ticker symbol "LIME." The company, incorporated a
Preliminary University of Michigan data shows sentiment dropped to 48.2, missing estimates and signaling weaker economic confidence. US consumer sentiment declined to 48.2 in May, below the 49.3 consensus forecast and April’s 49.8 reading. The drop reflects growing pessimi
IREN partners with Nvidia to deploy up to 5 GW of AI infrastructure across its global data center pipeline. IREN stock rose Friday following a strategic partnership with Nvidia to expand AI infrastructure. The deal aims to deploy up to 5 gigawatts of Nvidia DSX-aligned AI
Got $5,000? Rocket Lab Stock Could Be the Space Launch Upstart Investors Kick Themselves for Ignoring by 2035 Rocket Lab (NASDAQ: RKLB) just reported its Q1 earnings, and the crowd went wild Shares of the "tiny" space company (Rocket Lab is worth $45 billion, but ne
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