6 h. ago Charting the Global Economy: US Jobs Data Eases Pressure on Fed

Fresh US jobs figures took pressure off the Federal Reserve to consider an interest-rate cut later this month, likely leaving the central bank on hold at least until the fall.

Culture

47 h. ago U.S. added 147K new jobs last month. Here’s what the numbers don’t show

The headline numbers for June masked some weaknesses as the U.S. economy contends with fallout from President Donald Trump's economic policies, especially his sweeping tariffs.

Other

1 week ago Posthaste: Canada is in for a rough couple of quarters, say economists

Deloitte sees 'modest' recession and 7.3% jobless rate before economy rallies

Culture

2 w. ago Charting the Global Economy: Key Central Banks Hold on Rates

Central bankers in the US, UK and Japan held the line on interest rates this week as officials attempt to gauge the impact of tariffs, uncertainty about economic activity and war in the Middle East.

Culture

2 w. ago Canada could be getting 'nutrition facts' labels for telecom plans

"Nutrition labels have been around for decades, are familiar to most, if not all, Canadians, and have consistently helped people make clearer, faster and more informed decisions about complex products," reads the opening statement from University of Ottawa professor Marina Pavlovic."They distill dense scientific data, such as sodium content and serving size, into an easy‑to‑read format that supports everyday decision‑making."While her stance may be clear, there were four days of hearings during which major telecoms, minor players, advocacy groups and concerned citizens presented their cases to the CRTC regarding the potential for new nutrition labels for Canadian home internet. The U.S. did something similar in the spring of 2024. However, since it's only been out for a little while, adoption numbers should be taken with a grain of salt.The goal of these labels is to make it easier for everyday Canadians to compare internet plans with one easy-...

Other

2 w. ago G7 leaders agree to ’charter’ on wildfires, pledging global co

BANFF, Alta. — Leaders of the G7 have agreed to co-operate on their efforts to manage the impacts of devastating wildfires, which are surging for another summer across Canada. The leaders are calling it the Kananaskis Wildfire Charter. The statement outlines steps that all G7 countries and five non-G7 members intend to take on wildfire […]

Politics

3 w. ago Charting the Global Economy: Israeli Airstrikes Boost Oil Prices

Crude oil prices surged and investors sought the safety of gold after Israel conducted airstrikes on Iranian atomic facilities involved in nuclear enrichment.

Economics

3 w. ago Five Key Charts to Watch in Global Commodity Markets This Week

Oil watchers who have been anticipating a glut now have the numbers to back it up as global inventories climb. The world is spending billions for power infrastructure to meet soaring demand — and that’s going to need a lot of engineers. China hosts the world’s biggest solar convention this week where the mood might be gloomy. And silver is shining brighter.

Culture

4 w. ago Unemployment rate rises to 7% in May as economy adds 8,800 jobs

OTTAWA — Statistics Canada says the unemployment rate ticked up for the third consecutive month in May as the economy added 8,800 jobs. The national jobless rate rose to 7% last month, up a tenth of a point from April. StatCan says that marks the highest unemployment rate since 2016 outside the pandemic years. The […]

Other

4 w. ago Canada’s unemployment rate hits 7%, highest since 2016 outside the pandemic

Economy gains 8,800 jobs, more than economists expected

Science