Canada’s Inflation Rate Soars by Most Since 2003, Shaking Liberals’ Re-Election Bid
Canadians paid significantly higher prices for goods and services in August as inflation skyrocketed by the most since 2003, creating
Read more
Macro
Canadian Manufacturing Sales Fell 1.5% in July
After rising 3.6% in June, Canadian manufacturing sales slumped 1.5% in July to $59.6 billion, with declines across 12 of
Read more
US Consumer Prices Rise by Less Than Forecast in August
Consumer prices across the US rose by less that expected in August, suggesting that inflation pressures may be beginning to
Read more
Top Democrats Unveil 2% Tax on Share Buybacks in Effort to Fund Biden’s Spending Agenda
Senior Democrats are proposing a new 2% tax on share buybacks by US corporations, in an effort to create new
Read more
Medallion Fund Shareholders To Pay An Estimated $7 Billion In Tax, RenTech CEO Pays $670 Million
The executives behind one of the largest and most profitable quantitative hedge funds, Renaissance Technologies or RenTech, have settled an
Read more
US Job Openings Outnumber Unemployed Workers as Businesses Struggle to Fill Vacant Positions
Job openings across the US soared to a new record in July, as an increasing number of companies face labour
Read more
European Central Bank Slows Pace of Asset Purchases as Inflation Soars
The European Central Bank has revealed it will reduce the pace of its bond buying for the remainder of the
Read more
World Food Prices Soar to Decade-High Amid Adverse Climate Shifts, Supply Chain Disruptions
Despite ongoing reassurance that the current bout of surging food inflation is merely temporary and will abate once the pandemic
Read more
Canada’s Unemployment Rate Falls to 7.1% in August as Labour Market Continues Recovery
Canada’s labour market continued to recover over the summer months, as employment levels across the hardest-hit sectors rebounded better than
Read more
Fire up the Money Printer! Janet Yellen Warns of Treasury Default, Urges Congress to Raise Debt Ceiling
Treasury Secretary Janet Yellen has issued a stark warning to Congress that the US will soon default on government debt
Read more