Jul 10
The recovery is afoot in the world’s advanced economies, yet the pace of progress has varied as several European nations make greater strides bouncing back from pandemic-related lockdowns than the U.S., U.K. and Japan.
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10h ago
U.S. posts record monthly budget gap on small-business relief
The U.S. posted its worst-ever budget deficit in June as federal government spending more than tripled from a year earlier in a bid to mitigate the economic destruction caused by the coronavirus pandemic.
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9h ago
StatsCan analysis suggests small hit to inflation from pandemic
Statistics Canada says Canadians' buying patterns changed so much during the COVID-19 pandemic that its measure of consumer inflation went a little wobbly.
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Jul 10
7:27Canada adds almost 1 million jobs, but earns only muted cheer
Canada reclaimed almost 1 million jobs of those lost to the coronavirus pandemic, a promising start to what’s expected to be an arduous recovery.
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Jul 10
11:22The Week Ahead: Bank of Canada rate decision; U.S. bank earnings
BNN Bloomberg sets up the week ahead with what investors need to know.
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Trump's Tariffs
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10:40'Let's see how this plays out': Heyman on U.S.-China trade pact
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6:07U.S. shouldn't have taken on China as a bilateral partner: Former trade negotiator
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9:56Intellectual property is being compromised: Former White House chief of staff on China
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8:46The upside potential for soybean on U.S.-China trade deal
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2:52China said to seek drop in U.S. tariffs before agreeing to deal
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13:56Trudeau needs to work across party lines: Bruce Heyman
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Jul 10
Wuhan shows world how economies may recover after the virus
As of May, factory output, retail sales and exports in the city were nowhere near the same level as last year. That’s even though some factories worked throughout the lockdown and normal activity had resumed by April.
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Jul 10
U.S. targets soap but not wine in counter to French digital tax
The U.S. announced 25 per cent tariffs on a series of French goods Friday worth about US$1.3 billion, in a long-running battle between the two countries over taxes on technology giants.
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Jul 10
6:54Fed watchers rein in estimates of how big balance sheet will get
Weekly figures published Thursday showed the size of the Fed’s balance sheet fell for a fourth straight week, bringing it back below US$7 trillion.
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Mar 18
In an interview with BNN Bloomberg Wednesday, Rosenberg, the chief economist and strategist at Rosenberg Research and Associates, said Canada is taking body blows from all sides when it comes to the fallout from the COVID-19 outbreak.
