The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates and likely shaping the economic debate in the presidential race.
Nearly a quarter of millennials and Gen Z do not plan on having children, citing financial constraints as the primary reason, according to a new survey from MassMutual. Wealth! Host Brad Smith breaks down some of the areas parents feel most financially stressed and how this indicates a generational shift in priorities.
A new report by Desjardins warns Ottawa's efforts to kickstart new housing supply likely won't be enough to meet "optimistic" targets due to regulatory hurdles and constraints on labour, materials and financing.OTTAWA — Prime Minister Justin Trudeau and members of his inner circle are slated to return to a federal inquiry into foreign interference in coming weeks.
Around 100 business groups on Wednesday urged Ottawa to prevent a strike by Air Canada pilots, saying a stoppage would disrupt supply chains and spoil Canada's reputation as a reliable partner. Air Canada said on Monday it was finalizing plans to suspend most of its operations as soon as talks with the pilots' union were nearing an impasse over "inflexible" wage demands.
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U.S. Federal Reserve policy-makers say they are ready to cut interest ratesOne policy-maker said he could support back-to-back reductions, or a bigger cut in borrowing costs, should the cooling labour market need support
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Jobs report will help Federal Reserve decide how much to cut interest ratesWASHINGTON (AP) — Friday's monthly jobs report will likely mark a pivotal moment for the economy and the Federal Reserve.
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Inflation likely stayed low last month as Federal Reserve edges closer to cutting ratesWASHINGTON (AP) — If the Federal Reserve needs any further evidence that the worst price spike in four decades is steadily easing, it's likely to come...
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US inflation reaches a 3-year low as Federal Reserve prepares to cut interest ratesWASHINGTON (AP) — The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates next week.
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Sluggish US jobs report clears the way for Federal Reserve to cut interest ratesWASHINGTON (AP) — Hiring by America’s employers picked up a bit in August from July’s tepid pace, and the unemployment rate dipped for the first time since March in a sign that the job market may be cooling but remains sturdy.
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Jobs report will help Federal Reserve decide how much to cut interest ratesWASHINGTON (AP) — Friday's monthly jobs report will likely mark a pivotal moment for the economy and the Federal Reserve.
Read more »