A provincial panel will explore whether cutting the minimum wage for Alberta's alcohol servers could give them more working hours and boost their overall income with more tips.
The global rally in bonds on Thursday drove the yield on the benchmark 10-year Treasury below 1.5% for the first time since August 2016.
Federal Reserve Chairman Jerome Powell will probably cut interest rates again next month as insurance against a global slowdown, even with data rolling in that support his forecast for solid U.S. growth and higher inflation.
"What’s happening globally is we are having a collapse in investment growth, and what that’s leading to is a classic savings glut.”
U.S. retail sales rose by the most in four months and exceeded projections in July on a surge in online purchases, signaling consumer spending continues to prop up the expansion.
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