Keyword: Consumer spending

195 results found
Heavy weight

Highly-indebted countries could face a negative feedback loop

Canadian flags in business district

Upfront spending weighs on banks' bottom lines, despite revenue growth

A silhouetted businessman stands on top of a mountain peak and looks into the distance with a spyglass in front of a dramatic sunset in the distance

Growth forecast revised up, rate cuts still slated for second half

Delinquencies, charge-offs rose in Q4 as financial stress intensified

Man on dollar cloud

Financial strains continue amid high rates, but recession risk receding

credit card concern

Robust consumer spending is fuelled by credit growth, report says

Economists say the strain is not likely to spill over into the broader economy

  • By: Ken Sweet
  • February 5, 2024 February 5, 2024
  • 11:10
Financial stock exchange market display screen board on the street

Lagging effect of higher rates likely to bite this year, report says

Container Cargo ship and Cargo plane with working crane

Disruption to key global shipping lanes has varied credit impacts, DBRS says

Citigroup said Friday that it's cutting 20,000 jobs, roughly 10% of its workforce

  • By: Ken Sweet
  • January 12, 2024 January 12, 2024
  • 14:51