Canadian Retail Sales Fell 2.1% in May
Retail sales across Canada slumped 2.1% in May, as a number of stores in key regions remained closed due to
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Macro
US Initial Jobless Claims Unexpectedly Exceed Forecasts
US initial jobless claims surprisingly jumped by more than expected last week, despite optimistic sentiment that the country’s labour market
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SEC Chair Gary Gensler Warns of Crackdown on Security-Pegged Stablecoins
The SEC has warned that synthetic stocks being traded on blockchains are still subject to securities laws, and any financial
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New Home Prices Remain Elevated Despite Broader Real Estate Market Slowdown
Despite what appears to be a sign of moderation in real estate markets across Canada, the price of new homes
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Stellantis Sounds Alarm Over Structural Inflationary Pressures
Major automaker Stellantis NV has joined the growing list of companies sounding the alarm over inflationary pressures that are becoming
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US Housing Starts Jump to 3-Month High, Building Permits Plummet
Housing starts across the US exceeded expectations in June, suggesting that construction in the residential sector may be unfazed by
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National Bureau of Economic Research: US Covid-19 Recession Officially Ended in April 2020
Welp, in case one was beginning to get concerned, the US economy officially climbed out of the worst recession in
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China’s Regulatory Crackdown of Companies Listed on Foreign Exchanges Could Cut $2 Trillion From US IPO Market
A series of new regulations regarding the public listings of Chinese companies on foreign exchanges could end up having a
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US Homebuilder Confidence Slips Lower in July Amid Surging Construction Costs
America’s housing market continues to maintain its optimistic outlook, as interest rates sit at historically-low levels and homebuyer demand remains
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Robinhood to Raise $2 Billion in Upcoming IPO, Seeking $35 Billion Valuation
With Robinhood’s upcoming IPO nearing closer and closer, the stock trading app is seeking to raise over $2 billion, which
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