The unemployment rate in Australia was a seasonally adjusted 5.6 percent in September, the Australian Bureau of Statistics said on Thursday. more...
Unemployment has decreased, according to the latest figures. Here is a question: if the unemployment rate drops, is everyone happy? Suppose that, in a very small country, 380 people are either working or would like to work (this group is the labour force), and suppose 38 of these are unemployed. The unemployment rate is 38 out of 380, or 10%: that is the ratio of the unemployed to the labour force. Here are two scenarios. ...
Twitter doesn't have to grow into Facebook for the stock to pay off, Robert Peck says. Shares of Twitter, which are down 50% this year and recently fell below $30 for the first time since last November’s IPO, were up more than 3% at $33.06 before the opening bell Monday. More...
USD/CAD little changed in rangebound trade The U.S. dollar was almost unchanged against the Canadian dollar on Wednesday, as trade remained subdued without any significant economic data to give investors a clear direction. USD/CAD was last trading at 1.0902 and was moving in a range of 1.0894 to 1.0922. The pair was likely to find support at 1.0875 and resistance at 1.0925, Tuesday's high. The pair showed little reaction after data released earlier ...
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