News

Expectations of a recession rise along with unemployment as the outlook for consumer demand shrinks.
UNC Charlotte economist John Connaughton projects the state’s GDP will grow 2.3% this year, down from 3.7% in 2024.
President Donald Trump's global trade war and federal spending cuts — as well as his threat of cutting funds to Maine — have ...
The downturn in Canada's services economy deepened in March as U.S. tariffs and the start of a general election campaign led ...
US President Donald Trump's escalating trade tariffs will hit world growth and raise inflation, the OECD has predicted in its ...
The Canadian economy grew by 0.4% in January, on increases in mining, quarrying, and oil and gas extraction, as well as ...
Canadian Prime Minister Mark Carney says President Trump's tariff order "will rupture" the global economy and increases the risk that the U.S. will fall into a recession.
Despite the relatively positive news, the broader economic outlook for Canada remains cautious. The analyst believes that ongoing US tariffs and potential retaliatory measures will continue to ...
Canada is headed for a period of weaker growth and higher inflation as a trade war with the US snarls business investment and ...
The Bank of Canada today reduced its target for the overnight rate to 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. The Canadian economy entered 2025 in a solid position, with ...
(Bloomberg) -- Canada’s economic growth came to a halt after ... versus the Bank of Canada’s forecast of 2% and the 1.6% expected by economists in a Bloomberg survey. That would be a ...