Economy

Retail sales rose solidly last month in a sign that U.S. consumers are still spending freely

But higher interest rates are weighing on economic activities dependent on credit

By Anne D'innocenzio, The Associated Press |August 15, 2023

3 min read

Survey shows employers, workers might be aligning on hybrid work

Companies have now spent years ensuring employees can complete their duties both in-office and remotely

By Sammy Hudes, The Canadian Press |August 14, 2023

2 min read

Housing affordability a risk to lenders, investors: Moody’s

High prices and interest rates pose challenges to the home-building and mortgage sectors

By Staff |August 14, 2023

1 min read

Economists expect rise in inflation as price growth fight enters new phase

An increase in July's report probably wouldn't be a complete surprise to the Bank of Canada

By Nojoud Al Mallees, The Canadian Press |August 14, 2023

3 min read