The JOLTS data for September and October show glimpses of a rosier labour market, with firms in tariff-affected sectors posting more jobs and layoffs concentrated in a couple of sectors. This chimes...

The rise in the number of business bankruptcies this year, despite little change in default rates for bank loans or speculative-grade debt, seems to reflect the larger number of firms trying to re...

The November NFIB survey suggests that the labour market is regaining momentum, while also pointing to some upside risks to inflation. At the margin at least, that lends some support to our view that...

While the latest data show the manufacturing sector struggling as a whole, the patchwork nature of the tariff system means some industries are faring better than others. This divergence could be...