Economy

Retail sales down 0.3% in June Retail sales down 0.3% in June

Economic Indicators

Retail sales down 0.3% in June

Consumers continued to struggle under the weight of elevated interest rates

By Tara Deschamps, The Canadian Press |August 23, 2024

2 min read

U.S. home sales ended a 4-month slide in July U.S. home sales ended a 4-month slide in July

Economic Indicators

U.S. home sales ended a 4-month slide in July

The pickup occurred amid easing mortgage rates and as more homes came on the market

By Alex Veiga, The Associated Press |August 22, 2024

2 min read

U.S. economy added 818,000 fewer jobs than reported U.S. economy added 818,000 fewer jobs than reported

Economic Indicators

U.S. economy added 818,000 fewer jobs than reported

The downgraded estimate for the year ended in March follows a jobs report for July that was much worse than expected

By The Associated Press |August 21, 2024

2 min read

Canada’s inflation rate fell to 2.5% in July Canada’s inflation rate fell to 2.5% in July

Economic Indicators

Canada’s inflation rate fell to 2.5% in July

The latest reading comes ahead of the Bank of Canada's next interest rate announcement on Sept. 4

By Nojoud Al Mallees, The Canadian Press |August 20, 2024

3 min read

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