US CPI accelerated from 3.8% yoy to 4.2% yoy in May, matching expectations and reaching its highest level in three years as the energy shock continued to work its way through the economy. However, the details of the report were somewhat slightly less alarming than feared. Core CPI edged up from 2.8% yoy to 2.9% […]
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The trade disruption and inflation caused by President Donald Trump’s global trade war that began last year could pale in comparison to what happens once the U.S., Mexico and Canada begin negotiations over the USMCA. Read more…
The Bank of Canada (BoC) held its policy rate at 2.25%, noting that maintaining the current setting “balances” the competing risks of economic weakness and rising inflation. The opening statement pointed to the weaker growth Read more…
Billions of dollars and a clear vision for the Artificial Intelligence infrastructure race may not be enough when a single rural county can bring the entire plan to a fall. Kevin O’Leary, the Shark Tank Read more…