Economy

Economic Indicators

Fed inflation gauge falls to lowest level since early 2021

Prices rose just 2.1% in September from a year earlier, down from a 2.3% rise in August

By Christopher Rugaber, The Associated Press |October 31, 2024

4 min read

Economic Indicators

Job market stagnant in August: StatCan

Labour demand to drive stronger hiring not evident, NBF says

By James Langton |October 31, 2024

2 min read

Economy

Ontario sets table to balance books ahead of possible early election

Previously forecasted deficit of $4.6 billion for 2025-26 has now been amended to just $1.5 billion

By Allison Jones and Liam Casey, The Canadian Press |October 30, 2024

4 min read

Economic Indicators

U.S. economy grew at a solid 2.8% pace last quarter

Consumer spending helps drive growth despite the weight of still-high interest rates

By Paul Wiseman, The Associated Press |October 30, 2024

4 min read

U.S. job openings fell in September to 3.5-year low

U.S. job openings tumbled last month to their lowest level since January 2021, a sign that the labour market is losing some momentum. Still, posted vacancies remain well above pre-pandemic levels. The U.S. Labor Department reported Tuesday that the number of job openings dropped to 7.4 million in September from 7.9 million in August. Economists […]

2 min read