Economy

China cuts rates, rolls out other moves to help slowing economy

The measures are meant to counter a prolonged downturn in China’s property market

By Elaine Kurtenbach, The Associated Press |September 24, 2024

3 min read

Housing crisis persists as interest rates drop

Increased supply is the solution, CIBC’s deputy chief economist says

By Maddie Johnson |September 23, 2024

2 min read

As election looms, U.S. fiscal outlook set to worsen

Federal deficit would suffer under both presidential candidates' fiscal proposals, though more so under Trump's, DBRS projects

By James Langton |September 23, 2024

2 min read

China tackles demographic challenge with increased retirement ages

Boosting ages of retirement, along with reforming pensions, should pay off in the long run, Moody's says

By James Langton |September 23, 2024

2 min read