BNN Bloomberg sets up the week ahead with what investors need to know.
As economic activity ramps back up amid labour shortages found in some industries, that struggle to acclimatize in a new job is becoming a problem Canadian workers may soon face.
The federal government ran a deficit of nearly $24 billion over the first two months of its fiscal year, a sharp drop from the unprecedented spending one year earlier at the start of the COVID-19 pandemic.
In the pandemic, the U.S. government has spent money on a scale not seen since World War II—without worrying too much about how it would pay the bills. That looked to some people like the triumph of Modern Monetary Theory.
U.S. personal spending accelerated more than expected in June, reflecting a ramp up in outlays on services, while a closely watched inflation measure continued to climb.
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