Economy

U.S. shoppers sharply boosted spending at retailers in July U.S. shoppers sharply boosted spending at retailers in July

Economic Indicators

U.S. shoppers sharply boosted spending at retailers in July

America’s consumers, the primary driver of economic growth, are still willing to spend, data show

By Christopher Rugaber, The Associated Press |August 15, 2024

3 min read

U.S. unemployment claims fall in sign of resilient job market U.S. unemployment claims fall in sign of resilient job market

Economic Indicators

U.S. unemployment claims fall in sign of resilient job market

Claims calmed down, and their recent rise appears to be just a blip: economist

By Paul Wiseman, The Associated Press |August 15, 2024

2 min read

CPP Investments earned 1% return for Q1 CPP Investments earned 1% return for Q1

Economic Indicators

CPP Investments earned 1% return for Q1

Net assets rose to $646.8 billion, up from $632.3 billion at the end of the previous quarter

By The Canadian Press |August 14, 2024

1 min read

U.S. inflation slows again, clearing the way for rate cuts U.S. inflation slows again, clearing the way for rate cuts

Policy

U.S. inflation slows again, clearing the way for rate cuts

Year-over-year inflation reached its lowest level in more than three years in July

By Christopher Rugaber, The Associated Press |August 14, 2024

5 min read