Economy

Tough second half ahead for U.S. banks: Fitch

Earnings to remain under pressure as the sector faces slow growth and elevated costs

By James Langton |August 11, 2023

2 min read

Rent hit a new high in July

The rise is due to a surge in post-secondary students signing leases, population growth and homebuyers holding off on purchases

By Tara Deschamps, The Canadian Press |August 11, 2023

2 min read

U.S. wholesale inflation edges up

By all measures, inflation has cooled over the past year, moving closer to the Fed's 2% target level but still remaining persistently above it

By Paul Wiseman, The Associated Press |August 11, 2023

2 min read

U.S. inflation rises to 3.2%, but core measures remain mild

Thursday's report is the first of two CPI numbers Fed policymakers will see before their next meeting

By Paul Wiseman, The Associated Press |August 10, 2023

4 min read