-
Lethbridge’s job market has rebounded from the COVID-19 yearsOne expert says those seeking jobs should “check those websites” and start calling around, because it is a job seeker's market.EconomySep 12
-
As war in Ukraine worsens inflation, Russian central bank hikes ratesRising wages and a strong jobs market have helped shoppers compensate for inflation and as a result “consumer activity remains high,” the central bank said.WorldSep 13
-
Canadian youth face the toughest summer job market in decades. Why?Canadian youth are facing one of the hardest summer job markets in decades. Here's why it's so hard to land that first job, and what young workers can do to stand out.EconomyJul 10
-
Newcomers, youth hit hardest as job market cools: Bank of Canada’s MacklemTiff Macklem pointed out that while overall labour force cooling has been 'reasonably smooth' in aggregate, the data can mask worrying trends for some groups in the jobs market.EconomyJun 24
-
Canada’s unemployment rate hits 7-year high in AugustMore signs of weakness in the Canadian labour market have some economists wondering if the Bank of Canada should pick up the pace of cuts.EconomySep 6
-
Bank of Canada hopes job growth will ‘pick up’ amid rate cuts: MacklemBank of Canada governor Tiff Macklem says the health of the labour market is one consideration feeding into the central bank's interest rate decisions.EconomySep 10
-
Canadian economy grew in Q2 — beating Bank of Canada’s forecastThe economy grew at an annualized rate of 2.1 per cent in the second quarter but continued to shrink on a per-person basis, according to Statistics Canada.EconomyAug 30
-
Here’s why economists expect ‘good news’ from the August inflation reportRoyal Bank of Canada is expects Canadians got even more inflation relief last month, with the annual rate forecast to slow sharply to 2.1 per cent.MoneySep 16
-
U.S. Fed cuts its key rate by 50 basis points in dramatic shiftThe U.S. Federal Reserve delivered an oversized interest rate cut of 50 basis points, reflecting confidence in taming inflation but concern over the economy.U.S. NewsSep 18
-
Missed credit payments higher among younger Canadians: reportAn Equifax Canada report says missed credit payments were higher among younger Canadians in the second quarter due to living costs and unemployment.ConsumerAug 27
-
July jobs report ‘does nothing to dissuade’ more rate cuts: economistsEconomists reacting to July's job figures say there's little in the labour force data to dissuade the Bank of Canada from further cuts to the benchmark interest rate.EconomyAug 9
-
From ‘gradual’ to a cut every meeting: Why are interest rate bets changing?Expectations for how quickly the Bank of Canada could cut interest rates have been accelerating in recent months. Here's why, and what to expect for the rest of 2024.MoneyAug 21
-
As inflation eases, Powell says ‘the time has come’ to adjust U.S. rates'The time has come for policy to adjust,' Chair Jerome Powell said in his keynote speech at the Fed's annual economic conference in Jackson Hole, Wyoming.EconomyAug 23
-
Walmart raises its earnings outlook on strong demand for bargainsWalmart's comparatively low prices are proving a powerful draw for millions who have struggled with rising costs for housing, groceries and almost everything else.ConsumerAug 15
-
Greater Toronto home sales ticking downward despite interest rate drops: TRREBThe Toronto Regional Real Estate Board says home sales in July were up from last year but down from a month earlier, despite a jump in listings.CanadaAug 6
-
Bank of Canada is now less concerned rate cuts will drive up home pricesThe Bank of Canada's governing council indicated in deliberations from the July 24 meeting that it was less worried about home prices spiking as the benchmark interest rate falls.EconomyAug 7
-
U.S. Fed inches closer to interest rate cut, citing cooling inflationFed policymakers chose to keep their key rate at 5.3%, even as some economists have pushed for lower rates to bolster the economy and prevent job cuts.U.S. NewsJul 31
-
Kamala Harris’s VP pick, unrest in the U.K. and other big stories this weekKamala Harris picked Minnesota governor Tim Walz as her running mate, Canada pulls diplomats' families out of Israel and other top stories this week.CanadaAug 10
-
U.S. inflation slows to 3-year low. Can the Fed cut rates now?July marked the mildest year-over-year inflation figure since March 2021 in the United States. Here's what that means for hopes for a September rate cut.EconomyAug 14
-
The economy’s fine, but you’re not getting ahead: Welcome to the ‘me-cession’Economists argue that population growth has lifted the country out of recession territory even as individual Canadians feel like they're struggling to get ahead.MoneyAug 14