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recession

The ‘sugar rush’ effect: Why the U.S. economy is growing faster than Canada’s

by Walter Watson
The ‘sugar rush’ effect: Why the U.S. economy is growing faster than Canada’s

In a lot of ways, the U.S. and Canadian economies are similar. They’re both seeing progress in the fight to rein in inflation. They both have robust employment levels. But …

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General Motors reaches deal with UAW, ending weeks-long strike

by Anas Siddiqui
General Motors reaches deal with UAW, ending weeks-long strike

General Motors and the United Auto Workers union have reached a tentative contract agreement that could end a six-week-old strike against Detroit automakers, the union and company said Monday. The …

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It’s no trick — the cost of Halloween treats is creeping over inflation. But not enough to scare shoppers

by Anas Siddiqui
It’s no trick — the cost of Halloween treats is creeping over inflation. But not enough to scare shoppers

Suzanne Parnell smiles like a jack-o’-lantern when she talks about Halloween. The homeowner, who lives in New Westminster B.C., about 20 kilometres southeast of downtown Vancouver, says she has been decorating her property …

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Bank of Canada governor won’t say when interest rates will drop, but insists it won’t take a recession

by Anas Siddiqui
Bank of Canada governor won’t say when interest rates will drop, but insists it won’t take a recession

The Current18:56Why Tiff Macklem won’t rule out more rate hikes Bank of Canada Governor Tiff Macklem says he knows aggressive rate hikes have caused financial hardship for many Canadians, but …

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Autoworkers reach a deal with Ford, a breakthrough toward ending strikes against Detroit automakers

by Anas Siddiqui
Autoworkers reach a deal with Ford, a breakthrough toward ending strikes against Detroit automakers

The United Auto Workers union said Wednesday it has reached a tentative contract agreement with Ford that could be a breakthrough toward ending the nearly six-week-old strikes against Detroit automakers. …

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75% Of Manufacturers Say They Like Biden’s Industrial Policies, But It Doesn’t Mean They’re Biden Voters

by Anas Siddiqui
75% Of Manufacturers Say They Like Biden’s Industrial Policies, But It Doesn’t Mean They’re Biden Voters

President Joe Biden arrives to speak on rebuilding U.S. manufacturing at the groundbreaking of the new Intel semiconductor manufacturing facility near New Albany, Ohio, in September 2022. AFP via Getty …

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Opinion: China’s economy is bottoming out, but that’s no reason to cheer

by Anas Siddiqui
Opinion: China’s economy is bottoming out, but that’s no reason to cheer

Be grateful for small mercies. Last week, Citigroup’s Economic Surprise Index – a gauge that measures how often economic data comes in above or below expectations – swung back into …

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A chainsaw-wielding libertarian could become Argentina’s next president

by Walter Watson
A chainsaw-wielding libertarian could become Argentina’s next president

Argentina may be about to leap into the political unknown. The South American country, the region’s No. 2 economy after Brazil, will vote in presidential elections on Sunday with a …

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GOP Chaos Fuels Fear Of Retail Recession

by Anas Siddiqui
GOP Chaos Fuels Fear Of Retail Recession

A sign that says “Political Chaos.” getty America is waiting for the people’s house of the U.S. Congress to move forward. Unfortunately, GOP leadership remains in disarray, leaving them unable …

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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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