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inflation

Canada Goose is laying off 17 per cent of its global corporate staff

by Anas Siddiqui
Canada Goose is laying off 17 per cent of its global corporate staff

Luxury parka maker Canada Goose says it is laying off 17 per cent of its global corporate workforce. CEO Dani Reiss wrote in a LinkedIn note Tuesday that the job cuts …

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Canada’s need to improve productivity has reached emergency level, says Bank of Canada official

by Anas Siddiqui
Canada’s need to improve productivity has reached emergency level, says Bank of Canada official

A senior Bank of Canada official says the need to improve productivity has reached an emergency level as the economy faces a future where inflation may be more of a …

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Bitcoin Demand in Argentina Reaches Highest-Level in Almost Two Years: Report

by Isaac Wright
Bitcoin Demand in Argentina Reaches Highest-Level in Almost Two Years: Report

Bitcoin demand in Argentina reached its highest level in nearly two years due to the ongoing devaluation of the Argentine peso. Crypto exchanges including Lemon Cash report a doubling of …

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Services inflation to stay muted for now

by Ron Morgan
Services inflation to stay muted for now

New Delhi: India’s services inflation may remain muted for next few months and will witness a pickup in second half only, economists said, thus helping curb core inflation. “There may …

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Vanguard doesn’t believe the Fed will cut interest rates this year

by Walter Watson
Vanguard doesn’t believe the Fed will cut interest rates this year

Vanguard doesn’t expect the Federal Reserve to cut interest rates this year, defying the view from Fed officials that the central bank remains on track to reduce rates three times …

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Golden Gate Bridge district board approves toll hikes

by Vera Ward
Golden Gate Bridge district board approves toll hikes

The price to cross the Golden Gate Bridge is set to bump up 50 cents on July 1, bringing the rate for two-axle vehicles to $10.25. Tolls for FasTrak customers, …

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Retail sales boost economy despite wettest February on record amid hopes UK is lifted out of recession

by Ron Morgan
Retail sales boost economy despite wettest February on record amid hopes UK is lifted out of recession

The wettest February on record didn’t dampen Brits’ appetite for new spring outfits, as retail sales boosted the UK economy. Analysts predicted a 0.3 per cent drop in high street …

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Central bank rate hike: The great central bank policy reversal kicks off

by Ron Morgan
Central bank rate hike: The great central bank policy reversal kicks off

The world’s biggest central banks are on the starting line of reversing a record string of interest rate hikes but the way down for borrowing costs will look very different …

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Bank of Japan made a landmark rate pivot. Here’s what happens next

by Walter Watson
Bank of Japan made a landmark rate pivot. Here’s what happens next

Neon advertisements in Osaka’s Dotonbori district in Japan Alexander Spatari | Moment | Getty Images Japan’s central bank on Tuesday finally ended its experiment with negative rates and unconventional easing …

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Canada’s annual inflation rate slowed to 2.8% in February

by Anas Siddiqui
Canada’s annual inflation rate slowed to 2.8% in February

Business·Breaking Canada’s annual inflation rate slowed to 2.8 per cent in February, according to Statistics Canada. Economists had expected uptick after rate dipped to 2.9 per cent in January Jenna …

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