Economy

BRICS leaders locked in discussions over expansion of their economic bloc

All five leaders are said to back the principle of letting in new members, but decision still uncertain

By The Associated Press |August 23, 2023

4 min read

With U.S. economy still humming, are we facing higher-for-longer interest rates?

As central bankers gather at Jackson Hole conference this week, speeches will be scrutinized for hints

By Christopher Rugaber, The Associated Press |August 23, 2023

5 min read

Retail sales edge up 0.1% in June: StatsCan

Consumer spending “continued to sputter” as economic growth weakened

By The Canadian Press |August 23, 2023

2 min read

U.S. home sales slumped in July as rising mortgage rates and prices discouraged buyers

The shortage of homes for sale has kept the market competitive

By Alex Veiga, The Associated Press |August 22, 2023

2 min read