Economy

BOC Rate Hike Expected to Cripple Canadians 

The Bank of Canada is forecasted to escalate interest rates again this week, a move perceived by economists as the…

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FOMC: Federal Reserve Upholds Monetary Policies

Current Economic Landscape The U.S. economy is exhibiting signs of continued modest growth, despite a possible market downturn. As job…

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Canadian Inflation Rate Drops to 2-Year Low

The Bank of Canada raised its overnight rate to a 22-year high of 4.75% earlier in June, following a series…

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Stock Market Rallies on Bet That Rate Hikes Are Nearly Over

On Thursday, the Dow Jones Industrial Average (DJI) rallied by over 300 points, and the S&P 500 (SPX) reached a…

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Fed Announces Rate Hike Pause, But Says to Expect More Hikes Later This Year

The Federal Open Market Committee has decided to hold off on increasing interest rates this month, but has told the…

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VIDEO: Economic Crisis Averted as Biden Signs U.S. Debt Ceiling Bill Into Law

Thanks to the Senate pulling an all-nighter Thursday evening to pass the bill, Biden signed the legislation on Saturday, officially…

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Off to the Senate: Debt Ceiling Bill Clears House Vote as Deadline and Default Loom

With the first of two main hurdles out of the way, the legislation is headed to the Senate for a…

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VIDEO: Biden, McCarthy Edging Closer to New Slimmed-Down Debt Ceiling Deal

Rather than the usual hundreds of pages long bill, it is expected that a potential slimmed-down deal would include only…

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U.S. Debt Crisis Looms: Progress Confirmed By Speaker McCarthy

After keeping you updated in our previous article, there’s been a new development. House Speaker Kevin McCarthy recently expressed optimism…

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Impact of Unexpected Rise in Canadian Inflation

Contrary to the anticipated slight dip to 4.1%, the inflation rate climbed to 4.4%. This unexpected uptick is likely to…

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