Economy

What will happen with Trump's tariffs on April 2? Raymond James weig...
March 24, 2025 03:27 AM AEDT | By InvestingInvesting.com - Investors gazes are becoming increasingly fixed on an approaching April 2 deadline for the imposition of the Trump administration's sw...

BofA Securities trims Canada's GDP growth outlook for 2025 and 2026
March 22, 2025 12:49 AM AEDT | By InvestingInvesting.com -- BofA Securities economist Carlos Capistran has released a report detailing the 2025 outlook for Canada, touching on various key issue...

Canadian retail sales drop 0.6% in January 2025, below analyst forec...
March 22, 2025 12:37 AM AEDT | By InvestingInvesting.com -- Retail sales in Canada experienced a 0.6% decrease in January 2025, falling to $69.4 billion, as reported by Statistics Canada. This...

Canadians aim for financial independence amid market volatility: RBC...
March 20, 2025 08:21 AM AEDT | By InvestingInvesting.com -- Canadians are increasingly turning to investments to achieve financial independence, although concerns about market volatility persis...

WATCH LIVE: Fed Chair Powell speaks after decision to hold interest...
March 20, 2025 06:25 AM AEDT | By InvestingThe Federal Open Market Committee (FOMC) maintained its benchmark interest rate in the 4.25%-4.5% range, unchanged. Alongside the decision, the Fed re...

Canada's population growth slows, non-permanent residents decline in...
March 20, 2025 02:17 AM AEDT | By InvestingInvesting.com -- Canada's population growth slowed in the fourth quarter of 2024, according to a report from Statistics Canada. The country's populati...

BofA: Bank of Canada expected to lower rates in April, despite infla...
March 20, 2025 12:57 AM AEDT | By InvestingInvesting.com -- The Bank of Canada (BoC) is likely to reduce its rates in April, according to BofA Securities economist Carlos Capistran. This predic...

Canadian markets more impacted by tariffs than election, says Capita...
March 19, 2025 12:59 AM AEDT | By InvestingInvesting.com -- A recent report by Capital Economics has stated that tariffs are more impactful for Canadian markets than the upcoming election. The...

Number of immigrants not receiving visas or green cards fell in Jan,...
March 19, 2025 12:35 AM AEDT | By InvestingInvesting.com -- Goldman Sachs analysts said in a note Tuesday that tightened U.S. immigration policies in early 2025 have led to a sharp drop in the...

Canada's CPI jumps 2.6% in February, surpassing estimates of 2.1%
March 19, 2025 12:29 AM AEDT | By InvestingInvesting.com -- Tuesday's report from Statistics Canada revealed that the Consumer Price Index (CPI) rose by 2.6% in February 2025, marking a signifi...

U.S. gas prices fall below $3/gallon nationwide
March 18, 2025 06:47 AM AEDT | By InvestingInvesting.com -- The price of gasoline in the U.S. has fallen for four straight weeks. Most U.S. states now have gas below $3 per gallon, the White Ho...

U.S. egg prices halve since January peak, White House notes
March 18, 2025 04:01 AM AEDT | By InvestingInvesting.com -- On Monday, the White House drew attention to a significant drop in egg prices across the United States, as reported by the USDA Daily...

Builder sentiment dips amid cost concerns, regulatory relief in sigh...
March 18, 2025 02:23 AM AEDT | By InvestingInvesting.com -- Builder confidence in the U.S. market for newly constructed single-family homes dropped to its lowest level in seven months, accordin...

Canadian home sales drop amid trade war uncertainties
March 18, 2025 01:37 AM AEDT | By InvestingInvesting.com -- The Canadian Real Estate Association (CREA) reported today a significant fall in home sales from January to February 2025. The declin...

Goldman sees double trouble for U.S. exceptionalism
March 17, 2025 10:51 PM AEDT | By InvestingInvesting.com -- Goldman Sachs analysts warned of two major shifts in global markets that are challenging the long-standing narrative of U.S. exceptio...

Trade war prompts OECD to slash U.S. and global economic forecasts
March 17, 2025 10:19 PM AEDT | By InvestingInvesting.com -- The OECD has lowered its global and U.S. economic growth forecasts, citing "higher trade barriers in several G20 economies and increa...

How should the Fed respond to an economy in transition? Strategist a...
March 15, 2025 08:47 PM AEDT | By InvestingInvesting.com -- The Federal Reserve faces a complex challenge as it navigates an economy in "transition," with markets increasingly pricing in a more...

Musk's Tesla, SpaceX lobby US government on Trump tariffs
March 15, 2025 08:53 AM AEDT | By InvestingInvesting.com -- Elon Musk's Tesla (NASDAQ:TSLA) and SpaceX filed letters encouraging the U.S. Trade Representative to consider the impact of the Trum...

Recession or boom? Morgan Stanley sees economy stuck in neutral
March 15, 2025 08:53 AM AEDT | By InvestingInvesting.com -- Real-time U.S. economic estimates are split on whether a recession or boom is on the horizon, but Morgan Stanley (NYSE:MS) believes t...

DOGE cuts appear to be weighing on spending in DC: BofA
March 14, 2025 02:39 AM AEDT | By InvestingInvesting.com -- Bank of America analysts said in a note Thursday that “DOGE cuts appear to be weighing on spending in DC” based on February BAC card...