economy
Canada's inflation rate cools to 2.7 per cent in April, likely giving BoC 'all clear' for June rate cut
"Canadians look likely to get a small dose of rate relief in the coming weeks."
UK inflation ‘unavoidable’ but Bank of England should revamp forecasting model, says Bernanke
Former chairman of US Federal Reserve tells MPs BoE should fix forecasting errors and update out-of-date processes.
Some cities’ downtowns are finally seeing a post-pandemic turnaround: Study
Attempts to bring the cities' downtowns back to life have been complicated by various factors, among them "new patterns of remote work."
'This is bananas': Canada's labour market blows past expectations, adding 90k jobs in April
The employment gains were driven by an increase in part-time employment, the federal data agency said.
Financial experts see lower recession risk, slower rate cuts: BoC survey
In the survey, the median expectation for real GDP growth rose slightly, while expectations for a recession in the next six months dropped.
Capital gains tax 'last thing the Canadian economy needs,' say business groups
"Such measures would deter investment at a time when we are striving to boost competitiveness and innovation within the industry and across the economy."
Multiple UK interest rate cuts less likely this year after inflation blow
Inflation blow puts Bank of England's interest rates cut trajectory in doubt.
Bank of England faces interest rates dilemma as job market cools
Unemployment rose and pay growth was still stubbornly high, leaving the Bank of England with a choice on its hands at its next interest rates call.
America's 'Great Wealth Transfer' is underway. How will it impact the country?
Boomers are set to pass on as much as $90 trillion in assets to younger generations.
Canada plans AI funding boost, but critics warn 'red tape' could harm industry
A funding boost comes as the government seeks to pass the Artificial Intelligence and Data Act, which critics say could cause an innovation chill in the same industry.
Canada's unemployment rate jumps to 6.1%, raising bets for June rate cut
Canada’s labour market lost 2,200 jobs in March, and the unemployment rate increased to 6.1 per cent, according to Statistics Canada.
Cancer charity shop forced to close after heartless shoplifters steal items
Graeme Sergeant, head of the Chemotherapy Cancer Project, says donations have been too low to keep the shop open.
Canada's new immigration caps to put pressure on inflation, cement June rate cut: Desjardins
While many Canadians would welcome lower inflation, negative effects on GDP, government coffers, and unemployment are part of the "adverse consequences" Desjardins sees for the economy.
Canada's productivity is low. What does that actually mean?
The country’s real GDP per capita has declined in five of the last six quarters, with the issue extending much further back in time.
Labour market gains 41K jobs in Canada, supports Bank of Canada holding rates for longer
Statistics Canada said February's increase in the labour market was driven by a rise in full-time work.
State of the Union: Biden takes aim at Republicans over abortion
During the State of the Union address, President Biden took aim at former President Donald Trump and Republican members of Congress for their support for the overturning of Roe v. Wade. “Many of you in this chamber and my predecessor are promising to pass a national ban on reproductive freedom,” Biden said. “My God, what freedoms will you take away next?”
'It's still too early': Bank of Canada holds benchmark rate, reiterates risk to inflation outlook
The decision marks the fifth time that the central bank has held its key rate at 5 per cent.
Two-thirds of small businesses feeling optimistic about 2024 despite uncertainty: Maru survey
Just 8% of small businesses are feeling pessimistic about this year, according to the poll.
Martin Lewis 'reminds' Jeremy Hunt of four key issues to fix in Wednesday's budget
Money Saving Expert founder Martin Lewis has given a shopping list of issues to the chancellor ahead of his spring budget.
Which is more important to you - lower taxes or better public services? Poll of the week
After chancellor Jeremy Hunt unveiled the 2024 spring budget, Yahoo News asks readers for their views.
How important are Jeremy Hunt’s budget decisions to you?
With rumours swirling of a package of potential tax cuts for the chancellor's spring budget, Yahoo News asks readers what they think.
The ridiculous logic blocking vital funding for Ukraine
Anybody who says "America first" is glossing over the obvious—America always comes first, no matter what.
Inflation in euro area eases to 2.8% in January
Inflation is still above the European Central Bank's target of 2%.
Delaying interest rate cuts risks hurting UK households, says MPC member
Swati Dhingra was the only member of the Monetary Policy Committee to vote for a cut in interest rates
How Trump wins from his damaging trade wars
New analysis reveals how Trump deceived voters about his trade wars — and benefited from the deception.
Canada's labour market blows past expectations, could keep BoC on hold longer
The increase in jobs was due to more part-time work.