Author: Consultant

Trudeau celebrates Canadian windfall from Biden signing Inflation Reduction ActCanadian Prime Minister Justin Trudeau took to social media to celebrate President Biden signing the Inflation Reduction Act, boasting that the American legislation […]

U.S. retail sales were flat in July as inflation takes a tollThe pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates […]

Target’s earnings take a huge hit as retailer sells off unwanted inventoryhttps://www.cnbc.com/2022/08/17/target-tgt-q2-2022-earnings.htmlTarget’s profit plunged as it slashed prices to clear out a glut of unwanted inventory.The retailer maintained its outlook […]

Canada’s inflation rate slows to 7.6% in July, but more Bank of Canada rate hikes expectedCanadian inflation slowed in July as consumers paid much less for gasoline, marking what could be the […]

Aug 16: At midday: TSX hits near 10-week high on boost from financialsCanada’s main stock index hit a near 10-week high on Tuesday, boosted by financial stocks after data showed […]

Walmart is a top US inflation gaugeAs the nation’s biggest retailer and employer, Walmart is considered one of the best inflation gauges out there — and investors will be paying […]

China’s consumer and factory data miss expectations in JulyRetail sales grew by 2.7% in July from a year ago, the National Bureau of Statistics said Monday. That’s well below the […]

China unexpectedly cuts key rates as economic data disappointsChina’s central bank cut key lending rates in a surprise move on Monday to revive demand as data showed the economy unexpectedly […]

At the open: TSX starts lower as oil slumps on disappointing China data – Aug 15, 2022Canada’s main stock index opened lower on Wednesday as oil prices tumbled after weaker-than-expected […]