With the Bank of Canada’s July interest rate decision looming, all eyes will be on next week’s business outlook and consumer surveys. The bank’s Q4 Business Outlook Survey (BOS) will very likely identify limits on Read more…
The stock market is having a very bad year. The stock market just endured its worst start to a year since 1970, with the S&P 500 falling 21% in the first half of 2022. Virulent Read more…
Understanding Social Security taxes can be complicated. Explore some common questions about this tax, from self-employment to receiving benefits. Social Security didn’t always exist. The concept was implemented in the Social Security Act of 1935, Read more…
Gold dived below $1800 on Friday morning, testing this year’s low at $1790. It has managed to get support from buyers on a dip below the important round level in the last six months, but Read more…
Spot gold price fell below $1800 level on Friday, on fresh bearish acceleration that extends into fifth straight day. The yellow metal came under pressure from higher dollar, as well as prospects of higher interest Read more…
Spot silver broke through psychological $20 support for the first time in two years and hit the lowest since July 2020 on Friday. The metal remains under increased pressure for three months on global economic Read more…
The euro is sharply lower on Friday and is currently trading just above the 1.04 line, down 0.76%. Eurozone inflation outperforms Eurozone CPI for June was higher than expected, at 8.6% YoY. The estimate stood Read more…
Markets The June EMU inflation number tried to derail the short squeeze in core bonds. For a brief moment, it seemed to work, but eventually bonds rallied into the weekend. It immediately marks the start Read more…
While many states are passing laws to make abortion illegal, data about your menstrual cycle stored on an app can be handed over to authorities. A growing concern among consumers is the mountainous amount of Read more…
US ISM Manufacturing PMI dropped from 56.1 to 53.0 in June, below expectation of 55.0. That’s the lowest level since June 2020. New orders dropped from 55.1 to 49.2. Production rose from 54.2 to 54.9. Read more…