U.S. consumer is soldiering on despite soaring inflation and recession risk, credit card giants sayU.S. consumers have demonstrated a willingness to continue to pay higher prices in the face of […]
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Oil steadies as rate hike talk offsets Chinese demand hopes
Oil steadies as rate hike talk offsets Chinese demand hopesOil steadied on Friday as investors weighed the impact of sharp interest rate rises on energy consumption, offsetting hopes of higher […]
Canadian retail sales up 0.7% to $61.8-billion in August; estimate suggests drop in September
Canadian retail sales up 0.7% to $61.8-billion in August; estimate suggests drop in SeptemberStatistics Canada says retail sales rose 0.7 per cent to $61.8-billion in August.However, the agency says its […]
OCT 21 – Before The Bell
OCT 21 – Before The BellEquitiesWall Street futures were down early Friday but key indexes still looked set for weekly gains with corporate earnings and rate concerns high on the […]
CRA delays cause tax battle to continue for more than 20 years
CRA delays cause tax battle to continue for more than 20 yearsLast week, I shared examples of how the culture at the Canada Revenue Agency has gone wrong. I referred to an […]
European markets lower as UK political chaos continues (Oct 21)
European markets lower as UK political chaos continues (Oct 21)European markets were lower on Friday as political chaos in the U.K. continues following the resignation of Prime Minister Liz Truss. A leadership […]
Japanese yen hits 150 against the U.S. dollar; Asia-Pacific markets lower (Oct 21)
Japanese yen hits 150 against the U.S. dollar; Asia-Pacific markets lower (Oct 20)Shares in the Asia-Pacific traded lower on Thursday as economic fears weigh.The Japanese yen weakened past 150 per U.S. dollar […]
UK Prime Minister Liz Truss resigns after less than 2 months in office
UK Prime Minister Liz Truss resigns after less than 2 months in officePrime Minister Liz Truss resigned Thursday after less than two months in office amid pressure following a reversal […]
PM Trudeau, Poilievre spar over recession concerns, affordability bill
PM Trudeau, Poilievre spar over recession concerns, affordability billOTTAWA – Prime Minister Justin Trudeau and Conservative Leader Pierre Poilievre sparred in the House of Commons on Tuesday over concerns of a […]