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U.S. unemployment sinks to 3.9% as many more people find jobs

Wages also rose sharply in December, with average hourly pay jumping 4.7%

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A record 4.5 million Americans quit their jobs in November

Quits were high in the low-wage hotel and restaurant industries

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Canaccord expanding U.S. capital markets business with Sawaya buy

Canaccord's U.S. capital markets business has been expanding since 2019 and is a "growing" revenue contributor

  • By: Staff
  • December 21, 2021 December 21, 2021
  • 14:56
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Inflation a worry for most economies, but not Japan

Surging prices are haunting consumers and confounding economic planners

Inflation

Surging inflation is forcing people and businesses to adapt

The highest inflation in a generation is heightening financial pressures

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U.S. consumer inflation up 6.8% in past year, most since 1982

The Labor Department also reported Friday that prices rose 0.8% from October to November

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Biden order would make U.S. government carbon neutral by 2050

President Joe Biden on Wednesday signed an executive order

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CI acquires US$6 billion New Jersey-based RIA

Deal for RegentAtlantic pushes CI past US$100B in U.S. assets

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US jobless rate sinks to 4.2% as many more people find jobs

The U.S. economy still remains under threat from a spike in inflation, shortages of labour and supplies

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Fed “not at all sure” inflation will fade next year, Powell says

Powell also elevated inflation-fighting as a more urgent priority than supporting job growth