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U.S. consumer confidence jumps to a two-year high as inflation eases

The index fell from mid-2021 to mid-2022 as surging prices ate into household budgets

changes ahead sign

New global wealth leadership for Scotiabank

The transition for Scotiabank will be finalized as of Jan. 1, 2024

Now hiring sign

U.S. jobless claims continue to fall

Since the pandemic hit, U.S. employers have added jobs at a blistering pace

Supreme Court won’t examine sharing of Canadian bank account info with U.S.

The case began when two U.S.-born women living in Canada contested the legislation

BofA hit with $250 million in fines and customer refunds for “double-dipping” fees, fake accounts

BofA has been cutting down on its reliance on overdraft fee revenue

Frustrated man calculating bills and tax expenses

U.S. job openings dip to 9.8 million but remain high, showing resilience in labour market

The job market's sturdiness has raised doubts about whether a downturn is inevitable

Wall Street still wondering if recession is in the cards

Here's a look at the arguments for the upside and downside

Stacking interest rate blocks

U.S. economic growth last quarter is revised up sharply to 2%

Consumers continue to spend despite rising borrowing costs

Modern office building close up in sunlight

The largest U.S. banks would survive a severe recession, the Fed’s “stress tests” show

The Fed's scenario had a 40% decline in commercial real estate prices

  • By: Ken Sweet
  • June 28, 2023 June 28, 2023
  • 16:50
foreign country with stock market data

Emerging markets could surpass U.S. market cap by 2030

Led by India, EM expected to gain upper hand in global equity market capitalization, Goldman Sachs says