Category: Economy

The Chicago Business Barometer, compiled by MNI Indicators, rose to 62.7 in May from 49.2, a level of contraction in April. Source link

Canada’s economy unexpectedly shrank for a second consecutive quarter with a dip in activity to start the year as exports faltered but imports rose and […]

The result puts the European Central Bank on course to raise interest rates for the first time since 2023 when it next meets in June. […]

The Fed’s preferred gauge of monthly price increases grew at a slower pace in April but still remained above its preferred target rate. Source link

Labor’s share of economic output just hit an all-time low, while the profit share neared a record. It helps explain why consumers feel so glum. […]

Canada’s current-account shortfall widened in the first quarter as the country’s direct investment income surplus shrank. Source link

Plus, disappearing car buyers and slower growth. Source link

The economy grew at a 1.6% annual rate, below earlier estimates, though corporate profits saw their largest year-over-year increase since 2021 Source link

U.S. jobless claims rose last week, a sign the labor market remains tentative amid economic uncertainty from the war in Ira Source link

Canada’s banks have fortified their financial position over the past year and would be able to lend to customers should the war in Iran escalate […]