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US stocks hit record high as markets recover from Trump tariff shock
The rise in American equity prices reflects renewed investor confidence driven by strong economic indicators and strategic corporate repurchases following recent market disruptions...
Read Full Article →Canada's economy starts to lose momentum
Canada's recent decline in economic activity, marked by decreasing output in consecutive months, indicates a potential overall reduction in economic growth for the current quarter.
Read Full Article →5 Things to Know Before the Stock Market Opens
Investors should consider key economic indicators and corporate earnings reports ahead of the trading session, as these factors can influence market volatility and overall investme...
Read Full Article →Veteran strategist says a recession is coming that will hit ‘cup entirely full’ stock market
An experienced market analyst warns that an anticipated economic downturn could significantly impact the currently optimistic stock market, where investors have largely dismissed c...
Read Full Article →Canada's GDP shrank in April, with hefty decline in manufacturing
Canada experienced a slight contraction in economic output during April and May, driven primarily by reduced industrial production, according to preliminary figures released by Sta...
Read Full Article →What’s up with inflation? PCE likely to show a small rise in prices despite tariffs.
Despite ongoing tariff impacts, the upcoming PCE data is anticipated to reflect only a modest increase in consumer prices, suggesting limited immediate effects on inflationary tren...
Read Full Article →Keir Starmer admits government has ‘asked a lot’ of business, and defends employment rights bill – b...
The government recognizes the considerable demands placed on businesses amid recent fiscal policies and emphasizes its commitment to economic stability and future-focused investmen...
Read Full Article →How the stock market made it back to a new record — even with so much still to worry about
Despite ongoing uncertainties, recent progress in trade agreements and steady economic conditions have contributed to the stock market reaching an all-time high, reflecting continu...
Read Full Article →How New Retirees are Navigating Economic Uncertainty
New retirees are adopting various approaches to manage their finances as they confront volatile investment markets and an uncertain economic environment impacting their retirement...
Read Full Article →Jobless rate to hit 7.3% as tariffs bite: Deloitte
Rising unemployment, influenced by increased trade restrictions, could slow economic growth and impact consumer spending, signaling potential challenges for businesses and overall...
Read Full Article →British Business Bank back in the spotlight with £10bn UK growth mandate
The British Business Bank has secured a substantial £10 billion investment directive aimed at stimulating growth across eight significant sectors within the UK economy, enhancing i...
Read Full Article →Posthaste: Canada is in for a rough couple of quarters, say economists
Economists forecast a brief economic downturn in Canada, with unemployment rising to approximately 7.3%, before a gradual recovery strengthens financial conditions in the following...
Read Full Article →Home price hikes are slowing more than expected
The easing of home price increases reflects shifts in mortgage costs, inventory levels, and buyer interest, which may influence overall market stability and future investment decis...
Read Full Article →Hot stock markets help explain why men have more wealth than women
Differences in investment choices and risk tolerance contribute to varying levels of accumulated wealth between men and women, highlighting the importance of both financial securit...
Read Full Article →Israel-Iran ceasefire hopes drive down oil and gas costs
Anticipation of reduced conflict in the Middle East has contributed to a notable decline in global energy prices, reflecting market expectations of stabilized supply routes and dim...
Read Full Article →More people are treating their investments as a form of savings. Here’s what’s driving them to be ‘l...
Despite economic uncertainties, many individual investors remain confident in the stock market, increasingly viewing their portfolios as long-term savings vehicles to build wealth...
Read Full Article →UK backs quantum with £500m
The UK government’s investment exceeding £500 million in quantum computing highlights its strategic commitment to advancing technological innovation and strengthening economic grow...
Read Full Article →‘Outdated and unjust’: can we reform global capitalism? – podcast
The implementation of tariffs has disrupted international markets, highlighting systemic challenges within the global economic framework and prompting discussions on potential refo...
Read Full Article →Small business owners aren’t jumping for joy about the US economy – but they still aren’t jumping sh...
Despite facing challenges like inflation and labor shortages, small businesses continue to contribute significantly to employment, highlighting their critical role in sustaining th...
Read Full Article →'Grisly' May retail sales drop of 1.1% could point to Bank of Canada restarting rate cuts
The unexpected decrease in retail sales during May may influence the Bank of Canada’s decision-making regarding interest rates, potentially leading to a reduction to support econom...
Read Full Article →The WA budget has a clear theme, and it's not cost-of-living relief
The recent budget prioritizes essential services and economic stability measures aimed at protecting Western Australia from international market fluctuations rather than focusing o...
Read Full Article →Bank’s rate decision leaves frustrated Reeves praying for an August cut
The Bank of England’s decision to maintain current interest rates limits immediate economic stimulus, posing challenges to growth amidst geopolitical tensions and rising living cos...
Read Full Article →Bank of England keeps interest rates at 4.25% but hints at cuts to come
The Bank of England’s decision to maintain current borrowing costs while indicating potential future decreases reflects ongoing economic challenges and influences expectations for...
Read Full Article →What is inflation?
Inflation affects the cost of goods and services, influences consumers’ ability to buy, and plays a crucial role in shaping economic growth and financial stability over time.
Read Full Article →Young Brits drive consumer confidence up while high-income households cut back
In June, increased optimism among younger individuals contributed to a slight rise in overall consumer confidence, despite reduced spending tendencies observed within higher-earnin...
Read Full Article →UK suffers second highest fall in wealth of any major economy in 2024
In 2024, the average household assets in the UK experienced a significant decline compared to other major economies, raising concerns about economic stability and the retention of...
Read Full Article →Fed holds interest rates for fourth time despite tariff turmoil
The Federal Reserve's decision to maintain the benchmark interest rate at 4.3% reflects growing economic concerns while aiming to balance inflation control and support financial st...
Read Full Article →America added 1,000 new millionaires every day last year
In 2024, the United States experienced a notable increase in wealth accumulation, with over a thousand individuals daily reaching millionaire status, reflecting broader global econ...
Read Full Article →Trump’s trade war is starting to bite China’s economy
The ongoing trade conflict with the United States is beginning to affect China’s economic growth, revealing initial signs of strain despite stronger-than-anticipated resilience in...
Read Full Article →Women more worried about economy under Trump than men, poll finds
A recent survey reveals that a larger proportion of women than men express concern over rising costs and economic instability, affecting their financial security and consumer behav...
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