Economy

Expect soft consumer spending ahead, TD says Fallback Image Decorative pattern

Economic Indicators

Expect soft consumer spending ahead, TD says

Lofty post-pandemic outlays can't last, given higher debt servicing costs

By Staff |August 30, 2023

2 min read

BRICS leaders locked in discussions over expansion of their economic bloc BRICS leaders locked in discussions over expansion of their economic bloc

Economic Indicators

BRICS leaders locked in discussions over expansion of their economic bloc

All five leaders are said to back the principle of letting in new members, but decision still uncertain

By The Associated Press |August 23, 2023

4 min read

With U.S. economy still humming, are we facing higher-for-longer interest rates? With U.S. economy still humming, are we facing higher-for-longer interest rates?

Economic Indicators

With U.S. economy still humming, are we facing higher-for-longer interest rates?

As central bankers gather at Jackson Hole conference this week, speeches will be scrutinized for hints

By Christopher Rugaber, The Associated Press |August 23, 2023

5 min read

Business Council warns about debt costs as federal cabinet meets Business Council warns about debt costs as federal cabinet meets

Economic Indicators

Business Council warns about debt costs as federal cabinet meets

Lobby group pointed to U.S. downgrade as a warning

By Mark Burgess |August 21, 2023

2 min read