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inflation

Recession indicator may be ‘broken odometer’ for economy, says expert

by Ron Morgan
Recession indicator may be ‘broken odometer’ for economy, says expert

Westend61 | Westend61 | Getty Images Experts have been pointing to a coming downturn for the U.S. economy. The question was when. Now, however, some firms and experts are walking …

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auto retail: Auto retail sales surge 9% in Aug

by Horatio Thompson
auto retail: Auto retail sales surge 9% in Aug

Vehicle registrations – a proxy for retail sales – rose 9% to 1,818,647 units last month on healthy customer demand in the run-up to the festive season. The Federation of …

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China’s August services activity slows amid sluggish demand: Caixin PMI

by Walter Watson
China’s August services activity slows amid sluggish demand: Caixin PMI

Pedestrians walk past a Caixin Weekly magazine, published by Caixin Media Co., on display at a news stand in Beijing, China, on Sunday, March 6, 2016. Qilai Shen | Bloomberg …

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Why did the unemployment rate and jobs rise in tandem?

by Walter Watson
Why did the unemployment rate and jobs rise in tandem?

A hiring sign is pictured at a McDonald’s restaurant in Garden Grove, California on July 8, 2022. Robyn Beck | Afp | Getty Images This report is from today’s CNBC …

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Why unemployment rate rose even as jobs were added

by Walter Watson
Why unemployment rate rose even as jobs were added

A Chipotle restaurant advertises it is hiring in Cambridge, Massachusetts, August 28, 2023. Brian Snyder | Reuters This report is from today’s CNBC Daily Open, our new, international markets newsletter. …

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Stiglitz explains how the Fed went wrong on inflation

by Walter Watson
Stiglitz explains how the Fed went wrong on inflation

The Federal Reserve “didn’t do their homework” and mischaracterized the spike in inflation that has plagued the U.S. economy over the last two years, according to Nobel Prize-winning economist Joseph …

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More Canadians struggling to meet monthly bills, survey suggests – National

by Vera Ward
More Canadians struggling to meet monthly bills, survey suggests – National

A new poll suggests nearly half of Canadians are living paycheque to paycheque as the cost of living crisis continues to squeeze household budgets, and young people are more likely …

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Global growth to slow, but India, Indonesia may be bright spots: Moody’s

by Ron Morgan
Global growth to slow, but India, Indonesia may be bright spots: Moody’s

An aerial view shows the Central Bank of India building, in Mumbai, India, 28 September, 2022. (Photo by Niharika Kulkarni/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images The …

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Former White House economic advisor says more Fed hiking is coming

by Vera Ward
Former White House economic advisor says more Fed hiking is coming

WASHINGTON — A former White House economist on Tuesday said he thinks the Federal Reserve will hike interest rates again amid rising inflation numbers and energy prices. “The hiking is …

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Healthcare Sector Bankruptcies Are On The Rise

by Anas Siddiqui
Healthcare Sector Bankruptcies Are On The Rise

The state of the healthcare sector has been in consistent flux for the last decade, and has been especially tumultuous since the Covid-19 pandemic. Though healthcare has historically been perceived …

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