Key U.S. inflation gauge holds mostly steady, but still over Fed target
Core prices climb while consumer spending shows resilience
- By: Christopher Rugaber, The Associated Press
- August 29, 2025 August 29, 2025
- 10:07
Core prices climb while consumer spending shows resilience
Manufacturing, retail sectors hardest hit with employment declines this year
June’s decline followed contractions in April and May, marking the first three consecutive months with GDP declines since Q4 2022
Emerging markets drive the decline in housing prices; Canada drops too
"No hire, no fire" economy sees employers hanging onto workers
Second estimate from Commerce Department upgrades growth from 3%
Liberal push for faster project approvals sparks criticism from Poilievre, Indigenous groups
Risk to market confidence if regional Fed banks are politicized too: Scotia
Overall, economic growth picked up, but results were mixed across countries
Many Canadians skip professional advice on major financial decisions: Leger
High cost of moving for renters could hurt labour productivity: Statistics Canada
Sharp drop in U.S. imports hampers goods trade, but services trade surges
Decision to end tariff retaliation will ease inflation pressure, boost growth
Small decline in line with forecasts as job market weakens
Report projects only 2.5 million homes will be built over the next decade
Adjusted earnings climb to $1.88 a share, topping analyst forecasts
Delisting underscores the ongoing fallout from China’s property crisis
Ottawa will retain tariffs on steel, aluminum and autos as trade talks continue
Friendly deal seen as a "modest take-under" faces challenge from hostile bidder Strathcona
Berlin looks to US$582B infrastructure fund to revive growth
June spending gains driven by food, clothing retailers
Sector strength faces pressure from weak economy, jobless uptick
Latest economic data support RBC economist's call for U.S. “stagflation lite”