Economy

Inflation tumbles further in June: OECD

Core inflation recedes alongside falling energy prices

By James Langton |August 3, 2023

2 min read

Consumer and business insolvencies rising under weight of higher interest rates

There were 31,224 consumer insolvencies in the April to June period, up 23.5% compared with the same period last year

By The Canadian Press |August 3, 2023

1 min read

Weekly applications for U.S. jobless aid tick up from five-month low

The four-week moving average of claims, a less-volatile measure, fell by 5,500 applications to 228,250

By The Associated Press |August 3, 2023

2 min read

Toronto home sales and prices up from last July, down from June

Average cost of a detached home in the market rose 4.8% year over year to top $1.4 million

By Tara Deschamps, The Canadian Press |August 3, 2023

3 min read