A daily rundown of the economic reports and corporate earnings that will be grabbing the market’s attention in the week ahead
Canadian labour productivity for Q2. Estimate is a decline of 0.5 per cent from Q1. U.S. Beige Book is released.: Alimentation Couche-Tard Inc.; Descartes Systems Group Inc.; Gamestop Corp.; Transcontinental Inc. Canadian building permits for July. Estimate is a decline of 5.0 per cent from June.
U.S. initial jobless claims for week of Sept. 2. Estimate is 234,000, up 6,000 from the previous week. U.S. productivity and unit labour costs for Q2. The Street is expecting annualized rate increases of 3.6 per cent and 1.7 per cent, respectively. Bank of Canada governor Tiff Macklem presents the Economic Progress Report in Calgary. Canadian employment for August. Estimate is an increase of 0.1 per cent, or 15,000 jobs, from July with the unemployment rate remaining 5.5 per cent and average hourly wages rising 4.5 per cent year-over-year. U.S. flow of funds from Q2.
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Cape Breton Community Calendar events for Sept. 1-6, 2023Cape Breton Community Calendar is a public service listing of community events sponsored by non-profit groups. It will appear weekly on Fridays. The ...
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GARRIOCH: Ottawa Senators coach D.J. Smith believes young players can take next stepAs the calendar turns to September, the Ottawa Senators\u0027 head coach arrived in town last weekend from his off\u002Dseason home in Windsor.
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‘Far from being in the clear’: B.C. extends state of emergency as wildfires, drought drag onEmergency Management Minister Bowinn Ma said the province is preparing for the possibility this drought season could last beyond the calendar year and stretch into 2024.
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UK Faces Heat Wave Risk as Cool Summer Gives Way to Balmy AutumnA potential heat wave threatens the south and east of the UK next week, just as the meteorological calendar moves into autumn.
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Goldman Sachs tech conference: Analyst's 3 things to watchThe Goldman Sachs Communacopia + Technology Conference is set to begin Tuesday, September 5th. Kash Rangan, Goldman Sachs U.S. Software Equity Research Analyst, explains 'three big things' to look out for from the conference. Rangan says what he's telling clients 'to look for is what kind of uptick we’re going to see with generative AI' in calendar ’24. Rangan notes that 'we’ve seen a slew of launches' from companies like Microsoft (MSFT), Salesforce (CRM), ServiceNow (NOW), and Adobe (ADBE), and these companies are hoping 'to get more customer wallet share in return for all the productivity.' 'So when is that going to start to really manifest in revenue?,' Rangan says. The second thing is 'what’s happening with macro?,' Rangan says. Last year, 'we were heading into this inflation spiral... company growth rates start to really decelerate,' Rangan notes, but 'now, we’re at a point where things are stabilizing.' So, Rangan says, 'what is your macro outlook? What is the pulse of the spending environment?' and 'what do budgets for calendar ’24 look like?' The third thing is, 'when are you going to start to hire?,' Rangan says. 'There’s no growth in the software industry unless you really hire,' Rangan explains. We’ve seen layoffs and hiring freezes, but when is 'that going to start to turn around?,' Rangan adds. Be sure to tune in next week to see Yahoo Finance Executive Editor Brian Sozzi's interviews with some of the biggest names attending the Goldman Sachs Communacopia + Technology Conference.
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GARRIOCH: Ottawa Senators coach D.J. Smith believes young players can take next stepD.J. Smith is getting ready to roll. As the calendar turns to September, the Ottawa Senators head coach arrived in town last weekend from his ...
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