📉 Gloomy US jobs data — yet markets hit record highs?

On Wall Street, it's a classic case of “bad news is good news.”

Weak hiring boosts hopes the Fed will cut rates — maybe as soon as September, and possibly again by year’s end. Investors aren’t ruling out October anymore.

Ørsted is suing the Trump administration for stopping its Revolution Wind project

Jacob Pedersen of Sydbank warned at the time that it set a dangerous precedent. He told me the industry had to go to court to establish that revoking approvals wasn't doable or else it would be "thrown into the abyss"

In prepared remarks at his nomination hearing, Stephen Miran says he will uphold the central bank's independence ⬇

Canadian Finance Minister Dominic LeBlanc has decided not to run to replace Trudeau, saying he needs to focus on countering Trump's tariffs.

In this week's #BBC World of Business newsletter: Where does the political turmoil leave US-Canada relations?

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