US consumer confidence softened in June, with the Conference Board’s headline index falling from 93.1 to 91.2, missing expectations of 94.2. The decline reflected weaker assessments of current economic conditions, even as consumers became slightly Read more…
Americans have cut back on eating breakfast in restaurants. “Once the hottest growth area for restaurant operators [in] both full-serve restaurants and limited-serve restaurants, breakfast-spending growth now lags behind all other dayparts,” according to McKinsey’s Read more…
Markets The ECB’s annual symposium in Sintra provides plenty of comments and views on the economy and monetary policy. ECB president Lagarde went a long way in her opening remarks explaining the difference between forward Read more…
Canadian GDP jumped by 0.5% month-on-month (m/m) in April, a tick higher than Statistics Canada’s advanced guidance and market expectations. Growth was broad-based with 14 of 20 industries registering an increase on the month. Goods Read more…
Mexico’s national soccer team is making headlines during the 2026 FIFA World Cup, but not only because of what’s happening on the field. One of the tournament’s more unexpected storylines has developed away from the Read more…
The Japanese Yen remained the clear underperformer in otherwise subdued markets, with USD/JPY climbing to a fresh 40-year high as traders continued to exploit what they see as a narrowing intervention window ahead of Thursday’s Read more…
I have watched plenty of Wall Street veterans hedge their commentary on big corporate breakups. We have had too many qualifiers, too much “time will tell.” This time, I like that Roger Altman did not Read more…
CoreWeave (CRWV) released a public preview of ARIA on June 29, an AI agent built to analyze machine learning experiments inside its Weights & Biases platform. The launch looks like a routine product update from Read more…
While the collapse of Spirit Airlines at the start of May continues to dominate headlines as the most high-profile airline shutdown of 2026, a number of other small airlines around the world have also seen Read more…
Canada’s economy rebounded more strongly than expected in April, with real GDP rising from March’s -0.1% mom to 0.5% mom, surpassing market expectations of 0.4% mom. The recovery was broad-based, with growth recorded in 14 Read more…