Latest News
-
U.S. weekly jobless claims rise more than expected; labour market remains stable
The number of Americans filing claims for unemployment benefits increased more than expected last week, but the underlying trend remained consistent with a stable labour market. Initial claims for state unemployment benefits rose 13,000 to…
-
TFSA Contribution Limit
Introduced in 2009, the Tax-Free Savings Account (TFSA) is available to Canadian residents age 18 or older. In addition to cash, a TFSA can hold several other investments such as bonds, stocks, and mutual funds. Any interest…
-
Carney attributes ‘weakness’ in economic data to lower immigration targets
Prime Minister Mark Carney responded Tuesday to a report showing the Canadian economy has contracted for two consecutive quarters, saying part of the “weakness” is linked to the government’s decision to scale back immigration. He said Ottawa’s…
-
Jun 3 @ 11 AM E.S.T – Dow falls 400 points as oil prices and bond yields creep higher: Live updates
Stocks fell on Wednesday as oil prices and Treasury yields moved higher amid worries the U.S.-Iran conflict could keep lifting inflation. The 30-stock Dow Jones Industrial Average pulled back 403 points, or 0.8%. The S&P 500 traded down 0.4%,…
-
US: Private payrolls grew by 122,000 in May, stronger than expected, ADP reports
Private hiring expanded at a brisk pace in May, providing further indication of a stable labor market, ADP reported Wednesday. The payrolls processing firm said companies added 122,000 workers for the month, up from 105,000 in…
-
U.S. plans new levies on dozens of countries, including Canada, as Trump looks to rebuild tariff wall
The United States is proposing a new 10-per-cent tariff on Canada and other trading partners in an attempt to rebuild the tariff wall that was struck down by the U.S. Supreme Court earlier this year. …
-
FIRST READING: Is the technical recession recession just a technicality, technically?
On Monday, Conservative Leader Pierre Poilievre rejected reports that Canada was in “technical recession,” saying that the country’s economic malaise was not a “technicality.” Article content “(Prime Minister Mark) Carney says we’re not in a…
-
US: Job openings in April surged to 7.6 million, the highest in nearly two years
https://www.cnbc.com/2026/06/02/job-openings-april-2026.html
-
Oil jumps more than 4% as Trump tells CNBC he doesn’t care if Iran negotiations are over
https://www.cnbc.com/2026/06/01/oil-prices-wti-brent-crude-israel-lebanon-hezbollah-iran-trump-us.html