Economy

Canada’s jobless rate rises to 5.7% in October

Labour market is softening in the face of higher interest rates

By The Canadian Press |November 3, 2023

2 min read

U.S. employers pulled back on hiring in October

A modest 150,000 U.S. jobs were created in the month amid higher borrowing rates

By Paul Wiseman, The Associated Press |November 3, 2023

3 min read

Greater Toronto home sales drop 5.8% in October amid high borrowing costs

Still, the average home price rose 3.5% year over year

By Sammy Hudes, The Canadian Press |November 2, 2023

2 min read

BoE keeps main U.K. interest rate at 15-year high

The central bank warned that borrowing costs will likely stay elevated for some time

By Pan Pylas, The Associated Press |November 2, 2023

3 min read