As we head into summer, Americans are spending more money than ever. But they don’t seem to feel very good about it. In April 2026, consumer spending rose by $111 billion, according to the Bureau Read more…
Forget interest rates. The debate surrounding theFederal Reserve’s significant bank deregulation efforts is intensifying, with market analysts, consumer advocates and eager investors sharply divided on how it impacts bank health and stock valuations. Then there’s Read more…
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…
Markets US May CPI inflation printed near consensus. Headline CPI rose by 0.5% M/M with the annual figure breaching the 4% mark for the first time since April 2023 (4.2% from 3.8%). Core inflation increased Read more…
The American consumer has spent years absorbing shocks that economists expected to break spending. Covid pandemic disruptions, the fastest inflation in four decades, aggressive interest rate hikes, and the Iran war energy price surge in Read more…
Anyone who has spent time watching how institutional fixed income trading actually works knows the frustration. You have a bond to buy or sell. You have a list of dealers who might quote it. And Read more…
The Bank of Canada left its overnight rate unchanged at 2.25% as expected. The accompanying statement revealed a central bank that is far less concerned about the recent rise in inflation than the headline numbers Read more…
The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. The conflict in the Middle East is now in Read more…