Economy

U.S. filings for jobless claims inch up modestly U.S. filings for jobless claims inch up modestly

Economic Indicators

U.S. filings for jobless claims inch up modestly

Continuing claims rise for ninth straight week

By Matt Ott, The Associated Press |July 3, 2024

2 min read

Fed wants more evidence of cooling before it cuts rates Fed wants more evidence of cooling before it cuts rates

Policy

Fed wants more evidence of cooling before it cuts rates

Minutes of most recent meeting show that policymakers are in no rush to reduce borrowing costs

By Christopher Rugaber, The Associated Press |July 3, 2024

3 min read

Merchandise trade deficit widened to $1.9B in May: StatsCan Merchandise trade deficit widened to $1.9B in May: StatsCan

Economic Indicators

Merchandise trade deficit widened to $1.9B in May: StatsCan

Exports dampened by lower energy prices and volatility in gold shipments

By The Canadian Press |July 3, 2024

2 min read

More rental housing needed despite uptick: RBC economist More rental housing needed despite uptick: RBC economist

Economic Indicators

More rental housing needed despite uptick: RBC economist

Rental housing increasingly popular due to demographic shifts and the unaffordability of home ownership

By Rosa Saba, The Canadian Press |July 3, 2024

3 min read

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