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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…
In every gold rush, the people selling picks and shovels tend to get paid whether or not any single miner strikes it rich. Wall Street has been relearning that lesson all year with artificial intelligence. Read more…