5 h. ago Younger Canadians are outsaving older ones as they enter trade war ‘survival mode’

Trump's tariffs are creating anxiety about jobs, inflation and recession, driving an increase in emergency savings

Economics

20 h. ago Japan’s Business Service Prices Stay Elevated Before Tariffs Hit

Service prices among businesses in Japan stayed elevated last month, indicating sustained inflationary pressures before the impact from US tariffs kicks in, as the Bank of Japan prepares to set policy next week.

Economics

27 h. ago U.S. trade policies cast shadow of uncertainty over Canadian forestry industry

U.S. President Donald Trump’s shifting trade policies are creating uncertainty for the Canadian forestry industry. Sean McLaren, president and chief executive of West Fraser Timber Co. Ltd., says the potential inflationary effects of tariffs could weigh on future demand. “Looking forward, we see considerable macroeconomic uncertainty, particularly stemming from the U.S. administration’s evolving tariff policies,” […]

Economics

58 h. ago Calgary Centre: Donald Trump looms amid concerns over prices, housing and energy sector

Calgary Centre is among the city's most competitive ridings, according to results of recent federal elections

Economics

58 h. ago Calgary Centre: Donald Trump looms amid concerns over cost of living, housing and energy sector

Calgary Centre is among the city's most competitive ridings, according to results of recent federal elections

Economics

8 d. ago U.S. Fed chief says tariffs, inflation fears mean rate cuts can wait

The sharp volatility in financial markets since President Donald Trump announced sweeping tariffs April 2, only to put most on hold, led to questions on potential rate cuts.

Economics

1 week ago Economist predict March inflation at 2.6 per cent, with ‘modest’ tariff impact

While trade tensions have helped put pressure on inflation in areas like a lower loonie, they've also reduced pressure in other areas, like lower economic confidence and lower commodity prices

Economics

1 week ago US Consumer Sentiment Extends Plunge as Price Expectations Soar

US consumer sentiment tumbled the second-weakest reading on record while short- and long-term inflation expectations soared to multi-decade highs on growing tariff concerns.

Economics

1 week ago US Producer Prices Unexpectedly Fall, Dragged Down by Energy

US wholesale prices fell in March by the most since October 2023, restrained by energy costs and adding to evidence of muted inflation ahead of the Trump administration’s tariffs on US trading partners.

Economics

2 w. ago US Inflation Unexpectedly Slows Down Ahead of Tariffs Impact

US inflation cooled broadly in March, indicating some relief for consumers prior to widespread tariffs that risk contributing to price pressures.

Economics

2 w. ago U.S. inflation fell slightly last month, but experts warn of price rise ahead

Excluding the volatile food and energy categories, core prices rose 2.8 per cent compared with a year ago, down from 3.1 per cent in February.

Economics

2 w. ago U.S. Fed signals caution on rate cuts as Trump tariffs raise inflation fear

U.S. Federal Reserve policymakers signalled caution on the potential for interest rate cuts amid concerns President Donald Trump's tariffs could boost inflation.

Economics

2 w. ago Federal Reserve could be in ‘difficult’ spot with higher prices, slower hiring

WASHINGTON (AP) — The prospect of high inflation stemming from widespread tariffs along with weaker hiring could put the Federal Reserve in a difficult spot, Fed policymakers said in minutes from last month’s meeting. The minutes, released Wednesday, said that the Fed could keep its benchmark interest rate unchanged if inflation remained stubbornly elevated. And […]

Economics

2 w. ago Canadian, U.S. stock markets shoot higher at start of trading

TORONTO — Stock markets in Canada and the U.S. shot higher in early trading as they looked to regain some of the ground lost following U.S. President Donald Trump’s tariff announcement last week. The S&P/TSX composite index was up more than 400 points just after the open, while the Dow Jones industrial average gained more […]

Economics

2 w. ago US Inflation Is Set to Give Hints of Trump Tariff Pain to Come

US households probably experienced slightly less overall inflation last month, a reprieve that economists view as temporary in the wake of President Donald Trump’s tariff tsunami.

Economics

2 w. ago Trump tariff impacts ‘significantly larger than expected’: U.S. Fed chair

U.S. Federal Reserve Chair Jerome Powell warned that Donald Trump's tariffs will likely lead to higher inflation and slower economic growth.

Economics

2 w. ago Federal Reserve chief says Trump tariffs likely to raise inflation and slow U.S. economic growth

ARLINGTON, Va. — The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth for the U.S. economy, Federal Reserve Chair Jerome Powell said Friday. Powell said that the tariffs, and their likely impacts on the economy and inflation, are “significantly larger than expected.” He also said that the import taxes […]

Economics

2 w. ago US Stocks Rout Escalates as S&P Heads For Worst Week Since Covid

US stocks are heading for their worst week since March 2020 after the S&P 500 Index lost roughly $4.7 trillion in market value in just the last two sessions as Federal Reserve Chairman Jerome Powell said that the Trump administration’s tariffs “could have a persistent impact on inflation.”

Economics

3 w. ago Charting the Global Economy: US Inflation Picks Up Before Tariffs

Consumer spending was weaker than expected again in February while a key inflation metric picked up, in a double whammy for the US economy before the brunt of tariffs.

Economics

3 w. ago TSX down 400 points on Friday amid looming tariffs, inflation worries

Canadian and American markets tumbled Friday amid inflation worries and uncertainty over the scale and scope of the next round of U.S. tariffs set to kick in April 2. The S&P/TSX composite index was down 1.6 per cent, or 401.91 points, at 24,759.15. In New York, the Dow Jones industrial average finished down 715.80 points […]

Economics