US jobless claims edged up to 237,000 for the week ending August 30th, slightly above economists’ predictions, signaling a potential slowdown despite employers largely retaining staff. Hiring has weakened, leading to a ‘no hire, no fire’ dynamic, with attention now focused on the upcoming August employment report. Post navigation GST revamp: Industry leaders expect reforms to boost GDP; spur demand and cushion US tariff impact US trade: Businesses front-load imports ahead of tariffs in July; deficit hits widest in 4 months
