Economy

Canada’s March retail sales beat expectations on auto sector

Investing.com -- Canada’s retail sales rose 0.8% to $69.8 billion in March, modestly beating economists’ expectations for a 0.7% uptick, Statistics Canada reported Friday. This marks a bounce back

This is the surest way for the U.S. to reshape the domestic and global economy

Investing.com -- The most effective strategy for reshaping the U.S. and global economy is a combination of higher taxes and lower government spending, according to BCA Research in a note Friday.

Decline in foreign demand for U.S. corporate debt likely to continue - Citi

Investing.com - A recent weakening in foreign demand for U.S. corporate debt is likely to continue after recent market ructions caused by President Donald Trump’s sweeping tariffs, according to anal

JPMorgan CEO flags risk of "stagflation" facing U.S. economy

Investing.com - Risks that the U.S. economy could slide into stagflation due to geopolitical tensions, price pressures and deficits cannot be ruled out, JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon said

Large U.S. Treasury holders in Asia saying "no" to "sell America" trade - Yardeni

Investing.com - Most of the biggest holders of U.S. Treasuries in Asia are saying "no" to the "sell America" trade, according to Yardeni Research.

Retail earnings ahead, Nvidia CEO on U.S. chip controls - what’s moving markets

Investing.com - U.S. stock futures dropped on Wednesday, after a modest uptick in Treasury yields weighed on stocks in the previous session. Markets are looking ahead to fresh retail earnings, with in

China calls US chip controls ‘bullying,’ violation of international law

Investing.com-- China’s ministry of commerce on Wednesday accused the U.S. of abusing export controls and using them to suppress China, after Washington issued new restrictions on advanced Chinese c

Israel preparing possible strike on Iran’s nuclear facilities, CNN reports

Investing.com-- Israel is preparing for a potential military strike on Iranian nuclear facilities, as the U.S. continues to pursue a diplomatic agreement with Tehran, CNN reported on Tuesday, citing m

Hot inflation slams door on more BoC rate cuts: Scotiabank

Investing.com -- The Bank of Canada’s rate-cutting spree is running into a wall of stubborn inflation, with Scotiabank (TSX:BNS) warning that rising price pressures leave the central bank with “no

Deutsche Bank poll: 80% see U.S. deficit path ending in crisis or QE

Investing.com -- A flash poll by Deutsche Bank (ETR:DBKGn) found that 80% of respondents believe the U.S. deficit trajectory is unsustainable and will ultimately result in either a crisis or central b

Qatar’s QIA plans to double U.S. investments in coming years

Investing.com - Qatar’s wealth fund is due to see its annual investments into the U.S. double in the coming years following a $500 billion investment promise.

Canada’s inflation slows to 1.7% as energy prices plunge

Investing.com -- Canadian inflation cooled more than expected in April, with the Consumer Price Index rising 1.7% from a year earlier, down from 2.3% in March, but higher than estimates of a 1.6% incr

What did DOGE do this week? No new DoD cuts

Investing.com -- Bank of America said there were no new Department of Defense (DoD) contract cancellations this week, as the Department of Government Efficiency (DOGE) held steady in its review of fed

Capital Economics: BoC poised for deeper rate cuts amid housing, factory weakness

China urges U.S. to act ’responsibly’ after Moody’s downgrade

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Moody’s downgrades U.S. Sovereign Credit Rating amid fiscal pressures

Investing.com -- Moody’s Ratings downgraded the long-term issuer and senior unsecured ratings of the United States from Aaa to Aa1 on Friday, citing a sustained deterioration in fiscal metrics. The

"Tariff relief" fueling improved global growth estimates, BofA survey finds

Investing.com - Expectations for economic activity in the coming months has improved thanks to recent signs of thawing in global trade tensions, a survey of European fund managers conducted by BofA ha

April sees fewer U.S. travelers entering Canada as tariffs take toll

Investing.com -- The preliminary number of international arrivals to Canada by air and automobile in April 2025 was 4.5 million, marking a 15.2% decrease from April 2024. This represents the third con

Pakistan strikes back after accusations of Indian missile fires

Investing.com -- The long-standing dispute between India and Pakistan has seen an alarming escalation in recent days, with multiple attacks being carried out on both sides. The hostile exchanges signa

Warsh, a potential Trump fed pick, challenges need for job loss to curb inflation

Investing.com -- Former Fed Governor, Kevin Warsh, who is also seen as a frontrunner if President Donald Trump decides to replace current Fed Chairman Jerome Powell, offered some biting comments on in