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Industry and regional breakdown Employment declined in business, building and other support services (-20,000; -2.8%), public administration (-8,800; -0.7%), natural resources (-7,700; -2.3%) and utilities (-5,600; -3.5%) in August. Manufacturing was the only sector to record a significant increase, gaining 22,000 positions (+1.2%), with most of that increase (+14,000; +1.7%) in Ontario. The number of…
Meloni Marks Record Government Stability as Italy Gains EU and Market Confidence Italy’s Political Stability and Its Impact on EU Relations and Financial Markets By Angelo Amante Record-Breaking Government Longevity ROME, Sept 4 (Reuters) – A record period of government stability has strengthened Italy, which is no longer viewed within the European Union as “a…
The market just got a glimpse under the hood of the wearable health diagnostics company, Oura, which is gearing up for an initial public offering as soon as this month. The Wall Street Journal reports the company could seek a valuation of over $11 billion, based on private funding rounds last year. In the company’s…
Risk management is the foundation of sustainable options trading. An options position that is not properly managed can move against a trader faster than almost any other instrument. Time decay works continuously. Volatility can spike without warning. And near expiry, positions can reprice dramatically within minutes. For advanced options traders, risk management is not a…
New cars lose 15-25% of their value in the first year and up to 50% by year four. A two or three-year-old certified pre-owned vehicle gives you most of the useful life at a significantly lower price. Someone else absorbed the depreciation hit, so let them. Source
Key insight: Oklahoma City-based Bank7 has emerged as the winning bidder in the bankruptcy sale of a majority stake in New Mexico-based Century Financial Services Corp. Processing Content Supporting data: The net cash purchase price of $89 million was up from the Oklahoma bank’s earlier $68 million offer. Forward look: Bank7 said it expects the…
For decades, payments progress has been measured by how much friction disappears between initiation and transaction. Checks and cash gave way to credit cards. Credit cards gave way to digital wallets. And now, stablecoins are emerging as a new payments rail, with the potential to change how businesses move and receive money. Today, ordering a…
The PI license will strengthen Ant International’s local and cross-border payment capabilities in Brazil and expand the company’s ability to support local partners, according to the release. The license builds on the services Ant International already offers in Brazil through its merchant payment and digitalization platform Antom, which enables merchants to accept Pix, credit cards and a…
As embedded services take on added importance in payments and banking, financial institutions are adding the products at a faster clip, presenting payments processors with new business opportunities. On Thursday, the processor FIS launched FIS Embedded Banking Platform, which it says is its first embedded-finance platform designed for banks. With the new platform, financial institutions…
Numbersgame, a Claude MCP provider that works with QBO, has announced that it now also supports functionality with Xero. Xero support is now live alongside QuickBooks Online. Numbers Game gives an accounting firm one controlled MCP for the client books it manages, rather than a separate connection with an all-or-nothing permission model for each client….