A quarter of economists expect a recession th...

The Labor Department said today that 206,000 new jobs were created in June and the May jobs number was revised down; wages rose 0.3% last month; stocks, bonds and the British pound all rose today after the Labour Party’s resounding victory; Saks Fifth Avenue is buying Neiman Marc ...  Show more

Markets hit new highs; Fed minutes show a wait and see approach to rate cuts; Labor market shows more signs of slowing; Skydance-Paramount deal back on. 

Canada's inflation numbers have once again come in lower than expected, and are nearing where our central bank wants them. But to get here, the Bank of Canada has kept interest rates high to slow the economy. So was it actually the Bank's rate hikes that brought inflation down? I ...  Show more

To fight historic levels of inflation, the Federal Reserve this week, once again, raised interest rates, its most powerful weapon against rising prices.

The move was intended to slow demand, but there was also a psychological factor: If consumers become convinced that in ...

America’s central bank has <a href="https://www.economist.com/graphic-detail/2022/07/27/the-fed-is-no-longer-taking-baby-steps-to-rein-in-inflation?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_ ...  Show more