Wall Street welcomed the better-than-expected data as support for the Fed to slow rate hikes
The prospect of slower interest rate hikes sent U.S. markets soaring
Jerome Powell has expressed hope that inflationary pressure can be relieved by employers cutting job openings, not jobs
What you need to know when advising American clients in Canada
Stronger exports and consumer spending helped restore GDP
The measure aims to combat illicit finance
The poor performance was the second consecutive quarter of economic contraction
Stock prices tumbled and bond yields rose as many investors feared a more aggressive Federal Reserve
The economic contraction meets one informal sign of recession
The improvement stemmed from the economy moving from recovery to steady growth