Economy

Demographic trends provide a floor to housing correction: RBC

Immigration and smaller households should boost demand and prevent a market spiral, a report says

By Mark Burgess |August 17, 2022

2 min read

U.S. retail sales were flat in July as inflation takes a toll

Americans spent more on building, garden supplies; less at clothing stores

August 17, 2022

3 min read

Risk of recession remains high as central banks hike

Shocks to the global economy make inflation hard to predict

By Maddie Johnson |August 16, 2022

2 min read

Inflation slows to 7.6% in July as gas prices fall

However, food prices at grocery stores rose at the fastest pace since August 1981

By Staff, with files from The Canadian Press |August 16, 2022

3 min read