News

The National Association for Business Economics lowered its estimates for domestic activity for both 2025 and 2026.
The central bank may face difficult tradeoffs if inflation proved to be more persistent while the outlook for growth and employment weakened.
Both models of state-directed capitalism misallocate resources and make the nation poorer.
French high-end house, Hermès, is showing its competitors how to do luxury right in a difficult consumer market.
President Donald Trump's tariffs are already shifting how people spend their money, an ominous sign for the future of the economy.
Innovation, capital, and labor powered U.S. industrial advances, not trade barriers. President Donald Trump’s “Liberation Day” tariffs--and his promised trade agenda—draw partly from a narrative ...
BMO senior economist Robert Kavcic describes the trend as "behavioural economics at work" and says the movement's impact should be "noticeable." ...
A new crop of factories requires roads, and that means sand. To keep up, the country is importing from Cambodia on a massive ...
Federal Reserve Chairman Jerome Powell said in prepared remarks in Chicago that the central bank would wait for more data ...
The U.S. added 228,000 jobs in March, well ahead of expectations, while the unemployment rate ticked up to 4.2 percent.
China’s economy kicked off 2025 with a strong performance, growing faster than expected in the first quarter. Strong retail sales and industrial output helped sustain growth ... ChatGPT is creating ...