US consumer confidence weakened sharply in September, with The Conference Board’s Consumer Confidence Index falling from 88.6 to 81.9. The deterioration was broad-based. The Present Situation Index dropped from 117.2 to 109.3, while the Expectations Read more…
Markets Oil prices hit their lowest in about a week today with Brent hovering around $103/barrel, dragging refined and related (such as gas) prices down with it. The Saudis’ ability to resume flows through the Read more…
A few months ago, the idea of AI software breaking out of its testing environment and going after real companies sounded like science fiction. Now it has become a product category, and Nvidia just launched Read more…
Canadian GDP was unchanged in July (0.0% month-on-month, m/m), in line with Statistics Canada’s advanced estimate. Half of industries registered growth. Overall, both goods and services industries were unchanged for the month. On the goods Read more…
Major dollar stores, such as Dollar Tree and Dollar General, have been closing and opening locations in 2026, as they seek to eliminate underperforming store and add stores in potential growth areas. Dollar Tree opened Read more…
Warren Buffett spent more than sixty years teaching investors the same basic lesson in a dozen different ways. September 2026, as he formally stepped back from Berkshire Hathaway, that lesson feels worth revisiting in full. Read more…
DXY has reached 101.30 and is testing 101.63–101.80 resistance near a two-month high, but the rally’s momentum is flattening as two of its immediate tailwinds fade, the 10-year Treasury yield has retreated after testing the Read more…
Verizon has hit an unexpected snag in its plan to discontinue traditional copper landline phone service in portions of nine states. In August, the carrier submitted an application to the Federal Communications Commission seeking approval Read more…
Canada’s economy lost momentum in July, with real GDP essentially unchanged after a revised 0.4% increase in June, in line with expectations for a flat month. Both goods-producing and services-producing industries were broadly unchanged, with Read more…
Mortgage rates have soared since early September. The average 30-year fixed mortgage rate finally reached 7.5% on Monday, Sept. 28, according to Mortgage News Daily data, its highest point since April 30, 2024. Matthew Graham, Read more…