Last week, new U.S. unemployment benefits claims dropped more than expected, reaching their lowest level in more than two years.
Initial claims for state unemployment benefits fell to an adjusted 388,000, the lowest reading since July 2008, the Labor Department said today. This was well below economists’ expectations of 415,000.
The prior week’s figure was revised up to 422,000 from the previously reported 420,000.
Fidelity Canada Institutional has appointed Stéphanie Mariamo as Vice President, Institutional Business Development, a new role which specializes in Defined Contribution (DC). Ms. Mariamo will...
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The Ontario Teachers’ Pension Plan earned a net return of 4.2 per cent for the first six months of this year. The result came as the pension fund earned...
Ford Motor Co. and Lowe’s Companies Inc. have joined the ranks of companies that have pulled back on diversity, equity and inclusion policies while facing...
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The Alberta Investment Management Corp. is reporting a net return of 5.4 per cent for the first half of 2024. During the six-month period ending...
A third (34 per cent) of U.S. employees aged 50 and older are phasing into retirement, according to a new survey by WTW. The survey,...