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Loblaw to invest $2.4 billion in the Canadian economy in 2026, with plans to build 70 new stores and create well over 9,000 jobs
Globenewswire· 2026-02-23 12:00
The investment is part of a 5-year plan to invest $10 billion in Canadian communities by 2030BRAMPTON, Ontario, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Today, Loblaw Companies Limited (TSX: L, “Loblaw” or the “Company”), Canada’s food and pharmacy leader, announced that it will spend $2.4 billion in 2026 to expand and renovate its store network, enhance its supply chain capabilities, and create jobs for people all across Canada. At a time when Canadians are struggling with affordability and access to healthcare s ...
Expert credits Trump tax certainty for economic confidence, Americans returning to workforce
Yahoo Finance· 2026-02-11 18:52
Core Insights - The January jobs report exceeded expectations, with the American workforce adding 130,000 jobs, indicating a resilient economy [1][4] - The unemployment rate stands at 4.3%, slightly better than the anticipated 4.4%, reflecting renewed strength in the labor market [7] Economic Impact - The job growth is attributed to a favorable economic environment created by tax cuts, which provide businesses with the certainty needed to hire and expand [2][4] - The report suggests that the economy is gaining momentum, with growth accelerating from just under 4% in Q2 to 4.4% in Q3, leading to increased hiring [8] Sector Performance - Job gains were primarily concentrated in healthcare and construction, while sectors like retail trade and financial activities experienced job losses of 25,000 and 7,000 respectively [8] - The report highlights that the job creation is driven by private sector confidence rather than public sector employment, indicating a healthier economic outlook [8]
U.S. adds 130,000 jobs in January, unemployment rate steady at 4.3%
NBC News· 2026-02-11 14:27
We're back with some breaking news. Now, the first US jobs report of 2026 just came out moments ago, and the data shows 130,000 jobs were added in January, and the unemployment rate remains mostly steady at 4.3%. But the big story here is revisions.It comes during a concerning economic moment where inflation is still high and the job market has been weakening. NBC News senior business correspondent Christine Romans is here now to break down the numbers. Christine, good morning.Walk us through the January jo ...
X @Bloomberg
Bloomberg· 2026-02-11 13:49
RT Bloomberg Opinion (@opinion)@AllisonSchrager @DataTrekMB @JonathanJLevin “Job creation is job creation, but the composition could be a little better,” @JonathanJLevin says.“Health care and social assistance [hiring] is going to have a big asterisk.”Watch here: https://t.co/B7IKkJddbd ...
Steve Rattner: The economy will grow more slowly this year than it did in last year of the Biden WH
MSNBC· 2025-12-18 14:38
former Treasury official. Morning Joe economic analyst Steve Ratner. Steve, good morning.We've got your charts in just a moment, but first you were watching the speech last night along with us and you had a couple of more fact checks. Yeah, look, I think you guys did a great job on the factchecking things like his inability to do percentages no matter how many times we point out to him you can't have 500% declines, but whatever. But yeah, a couple other things.First on the deficit, he said that Congress had ...
Delayed October and November jobs reports show weakened market
NBC News· 2025-12-16 14:56
Employment Data & Analysis - US economy added 64,000 jobs in November, unemployment rate rose to 4.6% [1][8] - October jobs report showed a contraction of over 100,000 jobs [4] - Since April, net job creation is essentially at zero [4] Sector Performance - Leisure and hospitality added 4,000 jobs over two months [5] - Manufacturing jobs contracted by 14,000 [5] - Federal government saw a contraction of 168,000 jobs in two months due to buyouts [6] Data Reliability & Delays - October unemployment rate and demographic details are unavailable due to government shutdown [9][12][13] - The release of both October and November jobs reports were delayed [1][4][10] - Missing October data will pose challenges for year-over-year comparisons [14]
White House AI Czar David Sacks talk Pres. Trump's order limiting state regulation on AI
CNBC Television· 2025-12-15 22:20
AI Regulation & Policy - The White House AI and Cryptosar highlights the necessity of a single national or federal framework for AI regulation to avoid a confusing patchwork of state regulations that could hinder innovation and compliance, especially for small startups [2][3] - The EO aims to work with Congress to enact a federal framework for AI regulation, providing principles and tools to push back on excessive state regulations, while acknowledging the need for congressional legislation [5][6] - The administration's policy on chip exports is to allow the export of lagging chips but not leading-edge chips, with the H200 chip considered a previous generation chip acceptable for sale to China [9][10] AI Competition & Economic Impact - The US is in an AI race with China, not just in weapons but also in economics, as AI is expected to power the economies of the 21st century [7] - While the US is ahead in most AI categories, it lags in optimism, with only 39% of people in the US optimistic about AI compared to 83% in China [8] - Current data indicates job creation rather than job disruption due to AI, with a construction and energy boom, wage increases of 30% for construction jobs, and AI contributing to half of the 4% GDP growth [13] Semiconductor Independence - China aims to achieve semiconductor independence, which may explain why they are currently not taking US chips [10][11]
Fed Chair Jerome Powell said that Fed staffers believe federal data could be overstating job creation by up to 60,000 jobs a month—which suggests the jobs market might be shrinking
WSJ· 2025-12-11 00:32
Core Insights - The Federal Reserve staff believes that federal data may be overstating job creation by as much as 60,000 jobs per month, indicating a potential contraction in the job market [1] Group 1 - The implication of the overstatement suggests that the job market might be shrinking, which could have broader economic consequences [1]
October CPI canceled and November inflation report pushed back until after Fed's next big interest-rate vote
MarketWatch· 2025-11-21 17:01
Core Insights - The Federal Reserve will not receive critical data on U.S. inflation or job creation before its upcoming meeting in December, which is crucial for deciding on interest rate cuts for the third consecutive month [1] Group 1 - The Federal Reserve's decision-making process regarding interest rates is impacted by the lack of timely economic data [1]
Sept. Jobs Report: 119k jobs added, 4.4% unemployment rate
MSNBC· 2025-11-20 16:23
Welcome back. We have some breaking news we're following. The September jobs reports finally here, marking an end to the jobs data blackout brought on by the government shutdown.And this report shows the US economy added 119,000 jobs in September. More than 50,000 more than anticipated. The unemployment rate ticking up slightly to 4.4%.That's actually the highest it's been in about four years. The Bureau of Labor Statistics says it will not release an October report, saying there was a lack of household dat ...