Canada’s crop production plummeted in 2021, says StatCan | Globalnews.ca

By Adrian McMorris Global News Posted December 4, 2021 3:14 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ It wasn’t a good year to be a crop farmer and Statistics Canada has the numbers to prove it. Production of several major field crops, except for corn, fell across … Read more

Biden touts unemployment rate as November jobs report falls short of expectations

Biden touts unemployment rate as November jobs report falls short of expectations – CBS News Watch CBSN Live The U.S. added just 210,000 new jobs in November, a figure well below economists’ prediction of 550,000. But in a sign of improvement, the unemployment rate fell to 4.2%. CBS News senior White House correspondent Weijia Jiang … Read more

The Countdown: Emerging variant, crippled economy could spell trouble for Biden Administration

NEW YORK (WABC) — “The Countdown” is here to get you caught up with all of the day’s political news. You can watch it online, on the ABC7NY app or on our Connected TV apps for Fire, Roku, Apple TV and Android TV. Click here to learn more. Today’s political headlines: Pandemic latestABC New Political … Read more

Average home price near $675K in November, supply low for London-St. Thomas – London | Globalnews.ca

Average home prices remain high and supply is at a record low according to the latest regional data from the London St. Thomas Association of Realtors (LSTAR). LSTAR says 816 homes traded hands in November, marking the second-highest number recorded during that month since the association began tracking data in 1976. Read more: Toronto-area home sales … Read more

Oil set for 6th straight weekly decline as Omicron jolts markets

Crude has dropped sharply since October as consuming nations have tapped their reserves and a new coronavirus variant has emerged. By Julia FanzeresBloomberg Published On 3 Dec 20213 Dec 2021 Oil is poised for a sixth straight weekly decline as the omicron variant jolts markets and OPEC+ leaves the door open to adjusting output plans if … Read more

Stocks sink as Omicron worries persist, investors move to havens

Markets are also digesting comments earlier in the week from United States Federal Reserve Chair Jerome Powell, who said the US central bank will consider ending bond purchases a few months earlier than had been anticipated. Global stock markets faltered on Friday, while benchmark bond yields gave up earlier gains after data showed United States … Read more

US employers added a sluggish 210,000 jobs in November

America’s employers slowed the pace of their hiring in November, adding a still-solid 210,000 jobs, the fewest in nearly a year By CHRISTOPHER RUGABER AP Economics Writer December 3, 2021, 1:45 PM • 4 min read Share to FacebookShare to TwitterEmail this article WASHINGTON — America’s employers slowed the pace of their hiring in November, … Read more

FTSE 100 Live: See-saw week for markets ends on high, oil prices climb

S tock markets are ending a difficult week on the front foot after weekly jobless claims figures last night pointed to continued resilience in the US economy. The Dow Jones Industrial Average jumped 1.8% and the FTSE 100 index has opened 0.8% higher to extend a see-saw performance caused by this week’s Omicron uncertainty. US … Read more

Japan services sector grows at fastest pace since 2019

World’s third-largest economy has lagged other rich nations in its recovery from the COVID-19 pandemic. Japan’s services sector activity grew at the fastest pace in more than two years in November on a jump in new business, signalling stronger consumer confidence as the coronavirus pandemic subsided. The world’s third-largest economy has lagged other advanced nations … Read more

US sues to block Nvidia deal to British chipmaker Arm

The United States Federal Trade Commission said the deal would give Nvidia control over computing technology that competitors rely on. The United States Federal Trade Commission (FTC) on Thursday sued to block US chip supplier Nvidia Corp’s planned $75bn acquisition of British chip design provider Arm. The FTC said the proposed vertical deal would give … Read more