The US office vacancy rate rose to 13.1%, according to the National Association of Realtors. That’s a new record high, despite more people returning to in-person work. NAR cited hybrid work, as tenants have decreased the average square footage per person. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading Office vacancy hits an all-time high despite more people returning to in-person work
De-dollarization risks aren’t priced in despite rising US dysfunction and tension with China, JPMorgan says
De-dollarization risks aren’t priced in despite rising US dysfunction and tension with China, JPMorgan said. The dollar is “very expensive in historical terms, suggesting that a narrative of secular dollar decline is not prevalent in the market.” Investors should go underweight on the dollar, as well as US markets, bonds, and financial equities, analysts said.… Continue reading De-dollarization risks aren’t priced in despite rising US dysfunction and tension with China, JPMorgan says
Food prices climb, cellphone bills drop: 5 things to know about the June inflation data
Mortgage interest costs also surged again Published Jul 18, 2023 • Last updated 3 hours ago • 3 minute read The price of grapes jumped 30 per cent in June from May. Photo by Getty Images/iStockphoto The rise in consumer prices cooled to 2.8 per cent in June, Statistics Canada reported on July 18, slightly below consensus… Continue reading Food prices climb, cellphone bills drop: 5 things to know about the June inflation data
‘Bank of Canada can’t get too excited’: What economists are saying about inflation numbers
Some think inflation will go up again from here Published Jul 18, 2023 • Last updated 2 hours ago • 5 minute read A person removes the nozzle from a pump at a gas station. Photo by OLIVIER DOULIERY/AFP via Getty Images Headline inflation slowed to 2.8 per cent in June, beating analyst estimates of a… Continue reading ‘Bank of Canada can’t get too excited’: What economists are saying about inflation numbers
Inflation cools to 2.8% in June
Prices at the grocery store rose 9.1% in sign of tricky balancing act ahead for central bank Published Jul 18, 2023 • Last updated 3 hours ago • 3 minute read A man shops for fruit at a produce market in Toronto. Photo by Peter J. Thompson/Financial Post The rise in consumer prices decelerated again in… Continue reading Inflation cools to 2.8% in June
Posthaste: Is income tax rate on the wealthy too high? A lot of Canadians seem to think so, poll suggests
More than half of Canadians say top personal tax rate should be 50% or less, but it exceeds that in all but two provinces Published Jul 18, 2023 • Last updated 8 hours ago • 5 minute read Wealthy Canadians are taxed at a combined income tax rate of more than 50 per cent across all… Continue reading Posthaste: Is income tax rate on the wealthy too high? A lot of Canadians seem to think so, poll suggests
Posthaste: Canada’s standard of living is falling behind the rest of the developed world
OECD predicts country will rank last in real GDP per capita growth until 2060 Published Jul 17, 2023 • Last updated 1 day ago • 5 minute read Canada is one of the few advanced economies that has not recovered its pre-pandemic standard of living. Photo by Peter J. Thompson/National Post Article content Good morning, Advertisement… Continue reading Posthaste: Canada’s standard of living is falling behind the rest of the developed world
Stock Market Today: Stocks Rise on Bank Earnings, Retail Sales
Stocks continued their march higher Tuesday amid a solid batch of quarterly earnings from the financial sector and an encouraging report on the health of the American consumer. Traders also continued to lock in bets that the central bank’s rate-setting committee, the Federal Open Market Committee (FOMC), will hike interest rates by a quarter… Continue reading Stock Market Today: Stocks Rise on Bank Earnings, Retail Sales
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