The FDA introduced a new generative AI tool. This and more in this week’s life sciences update. … READ MORE >
Blog
3 key themes from the California Bankers Association conference
The California Bankers Association hosted its annual conference in May with a thematic focus on the prominence of a digital framework that centered on three topics: artificial intelligence, stablecoin and fintech. … READ MORE >
Canada’s unemployment rate hits 7% despite some resilience
Despite some economic resilience, Canada’s unemployment rate hit 7 per cent as the damage from tariffs and trade uncertainty permeates the labour market. … READ MORE >
U.S. job creation continues to cool as tariffs begin to take hold
Job creation continued to cool in May as the economy created 139,000 jobs, just above the RSM forecast of 125,000, and the unemployment rate held steady at 4.2%. … READ MORE >
Trade deficit plunges in April, yet signals trouble ahead
The U.S. total trade deficit plunged to its lowest level since 2023—just a month after it spiked to a record high. … READ MORE >
Market Minute: May jobs report to reflect a modest cooling
We expect a gain of 125,000 jobs and a modest increase in the unemployment rate to 4.3% when the U.S. employment report for May is released on Friday. … READ MORE >
Bank of Canada holds interest rate again amid economic volatility
Despite a better-than-expected first quarter for Canada’s economy, the Bank of Canada held its interest rate again as it contends with tariff uncertainty and economic volatility. … READ MORE >
Tariffs take a toll on services, raising fresh stagflation concerns
Service-sector activity contracted in May for the first time since June 2024, falling to 49.9 and confirming our expectations ahead of the Institute for Supply Management’s report on Wednesday. … READ MORE >
Market Minute: Empty containers are piling up at Los Angeles-area ports
Based on discussions with those in our professional network and a visit to the Ports of Los Angeles and Long Beach, we expect that the plunge in imports will begin showing up in the real economy during the first two weeks of July. … READ MORE >
Health care industry trend watch: Week of June 2, 2025
Proactive compliance is crucial for providers to avoid penalties and maintain access to Medicare Advantage funding. … READ MORE >