Economy

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

Canada job gains mask weakness, Macquarie says

Investing.com -- Canada posted a modest employment gain in April, but the underlying softness in the labor market points to rising odds of a rate cut by the Bank of Canada as early as June, according

Canadian employment remains steady in April with shifts in age and industry

Investing.com -- Statistics Canada’s labor force survey for April 2025 shows a slight increase in employment by 7,400, with the employment rate declining by 0.1 percentage points to 60.8%. The unemp

Fed’s Barr: Trump tariffs seen lifting inflation, weighing on growth this year

Investing.com - U.S. President Donald Trump’s tariff agenda is likely to push up inflation, weigh on employment, and dent growth later this year, according to Federal Reserve Governor Michael Barr.

Trump confirms first trade deal with UK, 10% rate will be ’lowest end’

Investing.com -- President Donald Trump confirmed a trade deal with the United Kingdom (TADAWUL:4280) on Thursday. It is the first deal since reciprocal tariffs were announced on April 2nd. Importantl

Ontario begins construction on first small modular reactor in G7

Investing.com -- Ontario has commenced construction on the first of four small modular reactors (SMRs) at the Darlington nuclear site, marking a significant stride in clean, reliable energy production

What has been the most spectacular and reliable bull market in 2025? Geopolitics

Investing.com -- In a year defined by volatility, Yardeni Research says 2025’s “most spectacular and reliable bull market has been in geopolitical crises.”

Trump in no rush for trade deals, wants everyone to "pay to shop" in America

Investing.com -- President Trump offered some fresh comments on trade deals Tuesday, suggesting he is in no real hurry to sign any deals despite the clock ticking on the 90-day reciprocal tariff pause

Canada’s trade deficit narrows in March

Investing.com -- Canada’s merchandise trade deficit narrowed in March, but tensions in U.S.-Canada trade relations remain in sharp focus as Prime Minister Mark Carney and U.S. President Donald Trump

Trump says pharma tariffs to come in 2 weeks, signs order to boost domestic output

Investing.com - U.S. President Donald Trump on Monday signed an executive order aimed at boosting domestic pharmaceutical production, and warned that he will soon impose import tariffs on the sector.

Berkshire board approves Abel as next CEO, Buffett to stay on as chairman- CNBC

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The first 100 days: Trump 2.0 and the road ahead for U.S. economy and markets

Investing.com -- President Donald Trump’s return to the White House has brought a fast-paced first 100 days, filled with many executive orders and major policy changes.

Stronger jobs report pushes first rate cut bet of 2025 from June to July

Investing.com -- Friday’s better-than-expected jobs report has pushed traders’ bets for the first Federal Reserve interest rate cut of 2025 from June to July.