Economy

U.S. consumer confidence slips in May amid stubborn inflation

Purchasing intentions for big-ticket items cooled slightly

By Matt Ott, The Associated Press |May 31, 2022

2 min read

Canadian GDP growth hits 3.1% in first quarter, slower than expected

The BoC is likely still on track for an oversized rate hike on Wednesday

By Craig Wong, The Canadian Press |May 31, 2022

3 min read

Bank of Canada expected to jack up interest rates as inflation persists

Experts say robust growth and unemployment at multi-decade lows leave space for the slowdown targeted by the BoC

By Christopher Reynolds, The Canadian Press |May 30, 2022

2 min read

Businesses brace for rising profit pressures

Almost a third expect inflation, supply, employment issues to bite in months ahead

By Staff |May 30, 2022

1 min read