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American dollars

U.S. retail sales rose 0.8% in October

But, going forward, consumer spending may fall

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Canadian home sales and prices dropped last month

The housing story across regions is mixed, however

flying

U.S. inflation rose 0.3% in October

Consumers paid more for gas, autos and housing

The White House in Washington DC, United States

U.S. reports jump in deficit to $100.5B in October

Deficit shot up 59% from the same month a year ago

union jack national flag of the united kingdom (uk)

Britain, EU reach draft Brexit agreement

Theresa May will try to win approval for the deal from her divided Cabinet

Brexit Uk and Euro flag rift

EU, U.K. inch closer to a deal as Brexit hangs in the balance

A deal must be sealed soon to leave enough time for U.K. and European Parliaments to sign off

Flags of China and Canada

Canada hopes to secure free trade deal with China

Wide-ranging trade agreement remains a possibility

Sir Oliver Mowat statue at the Ontario Legislative Building in Toronto

Economic news to watch this week

Ontario's economic update, U.S. inflation and more

  • By: Staff
  • November 9, 2018 November 9, 2018
  • 16:57
Federal reserve building, Washington DC. USA.

Fed maintains target rate, indicates more hikes ahead

Next hike expected in December

Federal Reserve Building is the headquarter of the Federal Reserve System and 12 Federal Reserve Banks, Washington DC, USA

Fed likely to keep rates on hold this week and sketch a bright outlook

Most economists expect next interest rate hike in December

Modern condo buildings with huge windows in Montreal, Canada.

GTA home prices rise 3.5% in October year over year

Plus, insight on when a variable rate beats a fixed rate for your client's mortgage

  • By: Staff
  • November 5, 2018 November 5, 2018
  • 12:30
Extreme Closeup of New Polymer Twenty Dollar Bills

Global economy indicates stimulus can be ‘steadily withdrawn’: Poloz

Projections for economic growth and inflation mean interest rates will continue to move higher

Florist

Canada’s unemployment rate at four-decade low of 5.8%

Job growth was flat

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U.S. creates 250K jobs as unemployment stays at 3.7%

Average pay rose by the most in nearly a decade

Analyst is drawing a financial calculations and predictions on the glass screen. Graphs, charts and arrows everywhere. A concept of forex market.

New BoC database boosts central bank’s transparency

It includes more than 30 years' worth of economic projections from central bank staff

  • By: Staff
  • November 1, 2018 November 1, 2018
  • 14:43
Brexit Uk and Euro flag rift

BoE offers Brexit warnings, after standing pat on rates

A fall in the pound and more could be in the cards for Britain

wall street, new york city

U.S. productivity slowed in third quarter

American manufacturers and homebuilders are also facing challenges, separate data show

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Finance and insurance sector boosts GDP in August: StatsCan

Monthly GDP edges up 0.1%

  • By: Staff
  • October 31, 2018 October 31, 2018
  • 12:53
Several hundred euro banknotes stacked by value. Euro money concept. Rolls Euro banknotes. Euro currency. Announced cancellation of five hundred euro banknotes. Banknotes stacked on each other in different positions. Toned photo.

Eurozone inflation near 6-year high as oil price spikes

The European Central bank isn't expected to pick up the pace of rate hikes

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Why Canada’s comprehensive wealth matters

A new report focuses on five measures of sustainable financial well-being

  • By: Staff
  • October 30, 2018 October 30, 2018
  • 13:29
EU flags waving in front of European Parliament building. Brussels, Belgium

EU quarterly growth slows to weakest level in 4 years

Eurozone economy expanded by 0.2% in Q3

Shining world map

Boons and barriers for emerging markets

Main growth drivers remain intact, but geopolitical issues are cropping up

  • By: Sharon Ho
  • October 29, 2018 October 29, 2018
  • 16:00
Woman using banking machine. Close up

U.S. consumer spending solid in September

Monthly consumption rose, but the boost from fiscal stimulus is ending

Female Bakery Stall Holder At Farmers Fresh Food Market

The story behind Canadian business confidence

Canadian Federation of Independent Business barometer dipped in October

  • By: Staff
  • October 29, 2018 October 29, 2018
  • 13:05
Closeup Chinese yuan banknotes, China's currency.

China’s yuan sinks to 10-year low against dollar

Yuan's weakness is fuelling U.S. trade complaints