Economic Indicators

U.S. consumer spending up 8.2% in May

The increase partly erases the record plunge in March and April

By The Associated Press |June 26, 2020

3 min read

Fed orders banks to suspend buybacks, dividends until Sept. 30

The largest U.S. banks could collectively lose $700 billion in a worst-case pandemic scenario

By Ken Sweet, The Associated Press |June 25, 2020

2 min read

Markets taking Canada’s downgrade in stride

Reports from the big banks put Fitch's AA+ rating in context

By James Langton |June 25, 2020

2 min read

U.S. economy shrinks in Q1 by 5%

Worse economic news is likely on the way

By Martin Crutsinger, The Associated Press |June 25, 2020

3 min read