US Oil Rig Count Drops to Record Low as Shale Industry Struggles to Remain Viable
Although the recent slight increase in oil prices has prompted some US producers to begin drilling again, it appears that
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Author: Hermina Paull
Toronto Housing Market Unfazed by Pandemic, Sales Record Set in July
The housing market in the Greater Toronto Area appears to be triumphant throughout the economic effects of the coronavirus pandemic,
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BP To Cut Oil Production by 40%, Invest Into Green Energy Instead
Following the Deepwater Horizon disaster back in 2010, BP not only had to significantly cut back its dividend payouts to
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American Household Debt Falls for the First Time in 6 Years, Credit Card Balances Drop by Record $76 Billion in Q2
While the coronavirus pandemic forced businesses across the US to shut their doors and millions of Americans to stay at
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Canada’s Economy Only Recoups 418.5K Jobs in July, Suggesting Labour Market Recovery has Plateaued
Canada’s economy appears to be steadily improving from the effects of the coronavirus pandemic, as 55% of the nearly 3
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Trump Reimposes 10% Tariffs on Aluminum, Canada Vows to Retaliate With ‘Dollar-for-Dollar’ Measures
To Canada’s dismay, on Thursday, US President Donald Trump announced that the US will be reimposing trade penalties on Canadian
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Up to 20% of the World’s Oil and Gas Reserves May no Longer be Viable if Low Oil Prices Continue: Exxon Mobil
Following grim second quarter results for many oil companies across the US and Canada brought on by alarmingly low oil
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US Homebuyers Priced out of Market as Record-Low Interest Rates Cause Inventory Decline
As a result of federal government and Federal Reserve working aggressively to keep the US economy from completely falling into
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Global Industrial Recovery Set to Drive Demand Growth for Silver
Over the last several months, gold prices have been rallying to record highs amid the increasing global economic volatility and
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US Initial Jobless Claims Near 55 Million as Economic Recovery Becomes Stagnant
As the US economy struggles to make headway in its recovery, the number of unemployed Americans still continues to rise.
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