[ad_1] The U.S. dollar dipped slightly on Thursday following a trade agreement between the U.S. and Vietnam, boosting hopes for more deals ahead of the critical July 9 tariff deadline. Meanwhile, investors are turning their focus to June’s U.S. jobs report for signs of the Federal Reserve’s next move on interest rates. The ADP private payrolls report released Wednesday showed a decline for the first time in over two years, prompting traders to adjust their rate cut expectations. According to the CME FedWatch tool, the probability of a Fed rate cut in July rose to 25%, up from 20% the…
Author: user
[ad_1] Private employers unexpectedly cut 33,000 jobs in June, the latest signal of an intensifying slowdown in the US labor market. On Wednesday, data from ADP showed private payrolls fell by 33,000 last month in June, below the 29,000 job gains seen in May and the 98,000 additions expected by economists. This marked the first month of job losses in the private sector since March 2023. May’s initial reading of 37,000 private payroll additions had been the lowest monthly total since March 2023. “Though layoffs continue to be rare, a hesitancy to hire and a reluctance to replace departing workers…
[ad_1] By Lewis Krauskopf NEW YORK (Reuters) – -TRADING DAY Making sense of the forces driving global markets By Lewis Krauskopf, Markets Reporter Jamie is enjoying some well-deserved time off, but the Reuters markets team will still keep you up to date on what moved markets today. A long holiday weekend awaits U.S. investors, but not before digesting a heaping portion of economic data and perhaps more developments on fiscal and trade policy. I’d love to hear from you, so please reach out to me with comments at . Today’s Key Market Moves * Wall Street was back at record…
[ad_1] By HELEN WIEFFERING The startup Gigablue announced with fanfare this year that it reached a historic milestone: selling 200,000 carbon credits to fund what it describes as a groundbreaking technology in the fight against climate change. Formed three years ago by a group of entrepreneurs in Israel, the company says it has designed particles that when released in the ocean will trap carbon at the bottom of the sea. By “harnessing the power of nature,” Gigablue says, its work will do nothing less than save the planet. But outside scientists frustrated by the lack of information released by the…
[ad_1] ADP’s June jobs report shocked economists on Wednesday with its dismal numbers. Some economists say the data may very well diverge from the official numbers set to be published Thursday, but the report signals a private-sector slowdown nonetheless, in line with a cooling in hiring seen recently. An official contraction could cause the Fed to step in sooner rather than later with rate cuts—something President Donald Trump has wanted since he took the White House. Private-sector hiring contracted in June, ADP said, completely missing economists’ forecasts ahead of Thursday’s official jobs report. The private sector lost 33,000 jobs in…
[ad_1] When the world feels like it’s spinning off its axis, investors tend to flock to assets that pay reliably and stay steady. It’s no surprise, then, that high-yield monthly dividend stocks are back in the spotlight. These income machines don’t promise massive upside, but what they lack in flash, they make up for in consistency. One such stock is Slate Grocery REIT (TSX:SGR.UN). With a monthly dividend and an 8% yield, this real estate investment trust (REIT) may be one of the best hedges against global chaos. About Slate Slate Grocery REIT focuses on exactly what its name suggests:…
[ad_1] Credit: Pixabay/CC0 Public Domain Carbon credits are used by companies as a way to offset their greenhouse gas emissions (GHGs) by investing in projects that reduce or sequester carbon. These carbon offsets are used in many industries where the ecological transition requires significant financing (e.g. forestry, agriculture, transport, construction, waste management). However, inaccurate baseline scenarios for projects and their impacts can cast doubt on the credibility of these offsets. To quantify the carbon offsets a project may produce, certifiers refer to a baseline scenario—in other words, what the situation would be like without the project. For example, in the…
[ad_1] Global bank JPMorgan’s blockchain arm Kinexys is working with S&P Global Commodity Insights to explore tokenization for managing and issuing carbon credits, the firms said on Wednesday.The project, according to a press release, focuses on testing how tokenized carbon credits can be created and tracked using blockchain infrastructure. These credits, which represent greenhouse gas reductions from projects like reforestation or renewable energy, are often bought by companies aiming to offset their emissions.The firms will focus on how blockchain handles credit lifecycle management, data compatibility and registry access.”Our shared aim is to establish standardized infrastructure that enhances information and price…
[ad_1] The concept of carbon credits. carbon credit trading etc.getty Carbon credits have become a buzzword in the fight against climate change but behind the jargon lies a multi-billion-dollar mechanism which is reshaping how companies, individuals and countries account for emissions. At its simplest, one carbon credit equals one metric ton of carbon dioxide that is either removed from the atmosphere or prevented from being emitted. Companies, especially those with net-zero targets often purchase these credits to offset emissions that they are unable to eliminate internally. Types Of Carbon Credits And Their Uses When it comes to carbon credits, there…
[ad_1] Disseminated on behalf of Formation Metals Inc. Formation Metals Inc. (CSE:FOMO, OTCPK:FOMTF, FSE:VF1) is turning heads in the mining world as it pushes forward with one of Quebec’s most promising exploration projects. With gold prices soaring and demand for critical metals on the rise, this junior explorer could be sitting on a major discovery. Here’s why savvy investors should be watching Formation Metals closely in 2025. Gold Bull Market and Clean Energy Trends Align Perfectly Gold has soared to record highs in 2025, trading above $3,400 per ounce. Central banks and investors are rushing to buy gold as a safe-haven…