Economy

World Bank dims outlook for global economy amid Russia war

For many countries, recession will be hard to avoid, the agency's president said

By Paul Wiseman, The Associated Press |June 7, 2022

2 min read

Wall Street’s forecasts move sharply lower

Only 18% of chief U.S. economists say no recession is in the cards

By James Langton |June 6, 2022

2 min read

More job gains point to a solid economy and Fed rate hikes

The lowest monthly gain in a year was likely enough to keep the Fed on track to pursue aggressive policy

By Christopher Rugaber, The Associated Press |June 3, 2022

5 min read

Long-running productivity decline needs policy attention, BMO says

StatsCan figures reveal that labour productivity has eroded again in Q1

By Staff |June 3, 2022

2 min read