U.S. Jobless Claims Edge Up to 206,000 Ahead of Payrolls Report

New U.S. jobless claims rose modestly to 206,000 last week, leaving layoffs subdued ahead of Friday’s closely watched monthly payrolls report.

New U.S. jobless claims rose modestly to 206,000 last week, leaving layoffs subdued ahead of Friday’s closely watched monthly payrolls report.

The revision reflected a lower estimate for hourly compensation, while manufacturing productivity was raised to 2.4% and manufacturing unit labor costs turned negative.

Ciena posted record fiscal third-quarter revenue of $1.671 billion and lifted its full-year 2026 sales forecast as cloud-provider demand and AI-related network spending stayed strong.

Victoria’s Secret & Co. posted a 10.4% rise in second-quarter net sales and lifted its full-year forecast after adjusted operating income topped guidance.

The auction drew ₹3,109.305 crore of offers across four short-dated government securities, but none were accepted under the ₹30,000 crore buyback.

Brady posted record fiscal 2026 revenue and adjusted EPS, while its fiscal 2027 outlook points to roughly 23% adjusted EPS growth at the midpoint as the new IPS segment enters the results.

Bank of England Chief Economist Huw Pill says a prompt rise to 4% could limit the risk that temporary inflation pressures become more persistent.

Canada’s goods trade surplus narrowed sharply in July as exports to the United States fell 6.6%, offsetting record shipments to other markets.

Australia’s July goods surplus slipped to A$1.92 billion as a sharp fall in non-monetary gold exports outweighed gains in rural goods and LNG.

Consumer prices rose 0.4% from July as higher rents, petrol, diesel and heating oil reversed the previous month’s decline.