Retail sales fell 0.4% month-on-month (m/m) in December, coming in slightly stronger than Statistics Canada’s -0.5% advanced estimate. In real terms, retail sales volumes were unchanged on the month, indicating December’s headline decline was driven by prices rather than weaker overall activity. Auto sales were the key swing factor falling 1.6% m/m, with declines across […]
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In September 2025, McDonald’s CEO Chris Kempczinski sounded the alarm about new customer behavior. Kempczinski highlighted a “two-tier economy” that’s fundamentally changing how people eat. The CEO observed a stark divide in the brand’s customer Read more…
An economic downturn in the furniture retail sector has resulted in major home furnishing companies closing stores and filing for Chapter 11 bankruptcy protection to reorganize their businesses. The furniture industry has cited declining sales, Read more…
Market focus remains on oil as the week kicked off with prices surging to USD120 per barrel. They declined quickly again but remain elevated around USD100. The IEA’s announcement of a record release of 400 Read more…