Is the bull market about to take a long breather? Not according to Goldman Sachs. In fact, the firm believes the bull market has a long...
The COVID-19 pandemic and renewed public-health restrictions meant to contain it knocked Canadian employment back to summer levels in January, although an increase in total hours...
In January 2021, Canada shed over 200,000 jobs, mostly in Ontario and Quebec. This week on Down to Business, Craig Alexander, chief economist at Deloitte Canada,...
When Jennifer Jackson talks about Black economic empowerment, the three Ws quickly come up: work, wages and wealth. They are only part of the equation, but...
Two of Canada’s biggest banks see a brightening economic picture in 2021, but expect the country’s recovery to lag that of the United States, where the...
Sadie Tanner Mossell Alexander, the first African-American to earn a PhD in economics, in 1944 observed that Black workers.
The Fed Just Keeps Getting More And More Dovish Via SchiffGold.com, Is Jerome Powell the most dovish Fed chair yet? Peter Schiff said he wasn’t when...
A number of central banks responded over the past week to rising bond yields driven higher by reflationary expectations. As a result, the risk that tantrums...
The government has a legal duty not to exacerbate inequalities in its policies, but this is getting forgotten during the pandemic.
Whether the next pandemic bailout bill is called relief or stimulus depends on what ails the US economy – and maybe it doesn't matter at all.
Overview: The sharp recovery in US shares yesterday that saw the S&P 500 snap a five-day slide failed to carry into Asia Pacific trading earlier today. ...
Here's How Much Wasteful Spending Is In The New $1.9 Trillion Stimulus Bill By Adam Andrzejewski, CEO/Founder of OpenTheBooks.com, first published in Forbes Over the weekend,...
If You Believe Life Will "Return To Normal", You Have A Fundamental Misunderstanding Of The Times In Which We Live Authored by Michael Snyder via The...
500,000 Jobs At Risk As Instacart Mulls Robot-Driven Warehouses For the more than 500,000 Instacart gig workers fulfilling grocery orders at supermarket chains such as Giant, Food...
The Sterling pound rallied to new 34-month highs against the dollar boosted by the British government’s 4-step reopening plan, which could boost the UK’s economic recovery. The GBP/USD currency pair was also boosted...
The Sterling pound rallied to new 34-month highs against the dollar boosted by the British government’s 4-step reopening plan, which could boost the UK’s economic recovery. The GBP/USD currency pair was also boosted...
Overview: Rising rates continue to spur a rotation and retreat in stocks. Yesterday the NASDAQ sold-off by nearly 2.5% while the Dow Industrials eked out a...
Key Events This Busy Week: Powell, Stimulus And More Inflation Cues As DB's Jim Reid writes in his Early Morning Reid, "this week marks the first...
Overview: Higher interest rates, driven by inflation expectations, is forcing an adjustment to equity markets. The S&P 500 is poised to gap lower today following slides...
“Employment will bounce back to pre-pandemic levels by December 31st, 2021.” - Bank of America Popular forecasts call for a return to pre-pandemic levels of employment...
The Trustees Have Failed Via Techno Fog substack, A Story of Generations I often reflect on the concept of generational responsibilities. That each generation, whether mine...
Rising yields spook investors Jerome Powell’s appearances in Congress next week may come at the perfect time. Rising yields have made investors nervous and the Fed...
In this Charts of the Week, some data from research on the wages, earnings, and unemployment gaps by race. "America's essential workforce deserves a raise," argue...
Another 1.4 million people applied for unemployment insurance (UI) benefits last week, including 861,000 people who applied for regular state UI and 516,000 who applied for...
The US dollar weakened on Thursday, joining the decline in the broader financial markets. The greenback is slumping after the US government reported a larger-than-expected reading for initial jobless claims. While the dollar has rebounded over...
A survey of the impact of the first few rounds of coronavirus aid shows that most of those who lost jobs or wages due to the...
American consumers were back in action in January 2021. The “unemployment cliff” along with the slowdown and contraction in the labor market during the last quarter...
Cities have long resisted the public demand for street food vendors, but the pandemic may reverse those restrictions for good.
Since the pandemic began, we've surveyed ordinary people to see how they're coping. People from poorer backgrounds, ethnic minorities and young people are suffering most.
Kraft Heinz, Conagra Will Start Passing On Soaring Food Costs To Consumers Stagflation for the masses? Cost of living is about to soar and all the...