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July 9, 2020
131 million Americans submitted initial requests for unemployment benefits last week, a 99,000-claim drop from the week prior – suggesting that a... read more
May 15, 2020
Retail sales fell 164% in April - putting the United States on track toward a Great Depression-like collapse in second quarter gross domestic product... read more
May 13, 2020
Federal Reserve Chairman Jerome Powell issued a grim outlook on the US economy this morning, saying the “path ahead is both highly uncertain and... read more
May 8, 2020
205 million jobs were lost in the United States last month, and the unemployment rate more than tripled from two months ago, hitting 147% To put... read more
May 1, 2020
Tiff Macklem will replace Stephen Poloz as Governor of the Bank of Canada in June After an extensive search conducted by outside members of the... read more
April 29, 2020
In its latest decision, the Federal Reserve held interest rates steady and kept its asset purchase program open-ended - but stopped short of... read more