News by subject: ECO

Data released today by Cox Automotive showed that, after two months of increases, wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) reversed course and were lower in September by 0.5% compared to August. The Manheim...

The Conference Board Employment Trends Indextm (ETI) decreased in September to 108.48, from an upwardly revised 109.54 in August. The Employment Trends Index is a leading composite index for payroll employment. When the Index increases, employment is...

As Canada approaches its Fall Economic Statement, a pivotal moment arises to secure the future of federal investment in Black communities. Over the past four years, the federal government has invested over $800 million through three transformative...

The Fannie Mae  Home Purchase Sentiment Index® (HPSI) increased 1.8 points in September to 73.9, its highest level in more than two years, as consumers reported survey-high optimism that mortgage rates will decline over the next 12 months. In...

Global talent solutions and business consulting firm Robert Half has released its 2025 Salary Guide, which reveals critical insights on hiring and compensation trends. The research examines labour market dynamics, benefits and perks, and starting...

The global medical technology (MedTech) industry continued to face broader macroeconomic forces, causing industry players to walk a narrow path between converging topline and bottom-line pressures. Despite this, ongoing breakthroughs in AI and other...

The Madison's Lumber Prices Index for the week ending October 4, 2024 was US$424 mfbm. Madison's Lumber Prices Index: Oct 4, 2024:Madison's Lumber Prices Index: Oct 4, 2024This is down -0.5%, or -$2, from the previous week when it was US$426. This is...

Decelera Ventures, founded in 2015, introduced a novel approach to early-stage venture capital by becoming the world's first "decelerator." Decelera's approach allows founders to pause for 10 days, cutting through daily noise to reconnect with their...

The US labor market proved resilient in September, adding 254,000 to payrolls for the highest gain since March. Leading into today's release, June?August showed an average of 116,000 monthly payroll gains; revisions to July and August data now bring...

Canada Economic Development for Quebec Regions (CED) Montréal's East End has the assets and potential to become a leading hub for economic and social development in Quebec. Recognizing this potential, the Government of Canada has committed to...

Today, the Committee for Economic Development (CED), the public policy center of The Conference Board, issued a letter to the presidential campaigns of Vice President Kamala Harris and former President Donald Trump. The letter sounds the alarm bells...

The unemployment rate for technology occupations fell to 2.5% in September, the steepest month-over-month decrease in four years, according to analysis by CompTIA, the nonprofit association for the tech industry and workforce....

Fitch Ratings has assigned the Republic of Moldova a Long-Term Foreign-Currency Issuer Default Rating (IDR) of 'B+' with a Stable Outlook. This rating highlights the country's steady commitment to maintaining macroeconomic and financial stability...

How can Canada build its way out of housing supply challenges to improve affordability? With rising demand and interest rates throwing a wrench in construction plans, the answer is far from simple. In fact, CMHC modelling suggests higher interest...

The tide has turned in the battle against inflation, setting the stage for a softish landing. The Canadian economy, after narrowly avoiding a technical recession late last year, is projected to grow by 1.2 per cent this year and accelerate to 2.0 per...

Taiwanese food companies are on a mission to bring their most sought-after beverages and snacks to US and Canadian consumers through a global initiative, named, "Taiwan Select."  Sponsored by the Taiwan External Development Trade Company (TAITRA) and...

The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, will join Amber Mac, President of AmberMac Media, for a conversation at Elevate Festival. Minister Champagne will discuss how the government plans to advance...

Sellers got moving as mortgage rates notably hit a 24-month low following the Federal Reserve's jumbo rate cut of 50 bps in September. According to the Realtor.com® September Housing Report, newly listed homes increased by 11.6% compared to last...

The ASEAN+3 Macroeconomic Research Office (AMRO) forecasts the ASEAN+3 region to grow at 4.2 percent in 2024 and improve to 4.4 percent in 2025, in its latest quarterly update of the ASEAN+3 Regional Economic Outlook (AREO). Continued recovery in...

The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, will join Amber Mac, President of AmberMac Media, for a conversation at Elevate Festival. Minister Champagne will discuss how the government plans to advance...

Idealist Capital, Sanimax and Fondaction are proud to announce their $58 million strategic investment in Entosystem, a world leader in the production of insect proteins and organic fertilizers for agriculture and animal nutrition. This decisive...

Imperial Equities Inc. announces that effective October 1, 2024, the Company has completed an amalgamation of Imperial Equities Inc. with its wholly owned subsidiary, Imperial Equities Properties Ltd.   ...

As the jobs market remains tight in most industries, a focus on employee engagement and retention can offer businesses a powerful competitive edge. And according to a new report, an internal talent marketplace is the right tool to do just that....

Coupa, the margin multiplier company, today released the results of a Total Economic Impacttm (TEI) study conducted by Forrester Consulting along with an interactive return on investment (ROI) calculator that companies can use to gauge potential ROI...

Grocery stores in our inner cities are under siege, facing unprecedented challenges that threaten their survival and, by extension, the well-being of the communities they serve. As vital lifelines for families, these stores provide essential goods...

With retirement dreams on the horizon, Gen X women on average believe they will need more than $2 million to retire comfortably, more than any other generation of women. Meanwhile, the average retirement savings goal among Boomer+ women is...

Private sector employment increased by 143,000 jobs in September and annual pay was up 4.7 percent year-over-year, according to the September ADP® National Employment ReportTM produced by ADP Research in collaboration with the Stanford Digital...

The Toronto Global Forum is uniting world leaders and decision makers for an impactful and timely discussion on 'Scaling for a Sustainable Future' as they navigate an increasingly challenging economic and geopolitical climate....

Payments Canada today released its annual Canadian Payment Methods and Trends Report, Fuelling the future of payments through choice, which analyzes the 21.7 billion retail payment transactions made in 2023, totalling $11.9 trillion. The report...

Because the nation's growth rate is not expected to accelerate until after the November 2024 presidential election, the UCLA Anderson Forecast says that California will ultimately experience a full year of sub-par growth in 2024. This slower growth...

The California Dept. of Insurance and other industry leaders gathered last week to continue statewide conversations around insurance challenges at the forum, "Securing California's Insurance Market: The Path Forward," hosted by the Center for...

Lassonde Industries Inc. ("Lassonde" or the "Corporation") announced today an important capital investment program aimed at enhancing the competitiveness of its U.S. beverage manufacturing network. The program mainly consists in the investment of...

Standard & Poor's (S&P) has upgraded Oman's credit rating to 'BBB-' from 'BB+' with a stable outlook, driven by improvements in the country's financial performance. This marks Oman's return to investment-grade status after nearly seven years, during...

The 2025 Prologis Global Supply Chain Outlook report reveals that business leaders across multiple sectors are preparing for what experts are now calling a 'polycrisis'?a convergence of economic instability, fluctuating customer demands and pressing...

The federal government is committed to supporting critical sectors in regional economies while providing skilled workers with clear pathways to permanent residence. Today, the Honourable Marc Miller, Minister of Immigration, Refugees and...

Powered by strong semiconductor demand across diverse end applications, the global semiconductor packaging materials market is expected to start a growth cycle with a 5.6% compound annual growth rate (CAGR) projected through 2028, SEMI, TECHCET and...

Upgraded Points' latest survey of over 3,300 Americans reveals the businesses and U.S. states where tipping is most ? and least ? likely. Highlighting the rise of "tipflation" and the growing influence of digital tip prompts, the results shed light...

Amid rising home prices and mortgage rates, savvy real estate investors can still find hidden gems in affordable metros across the country, with Dayton, Ohio, standing out as the top destination for property investment this year. Realtor.com® today...

Dealogic, an ION Analytics service, published its ECM Highlights 9M24 report today, revealing a slowdown of equity capital market (ECM) activity in 3Q24 as market volatility and election nerves put a damper on what had been a year of recovery for...

Hosken Consolidated Investments Limited ("HCI" or the "Company") announced today that on September 27, 2024 it acquired, through its wholly-owned subsidiary Deepkloof Limited, 33,467,018 ordinary shares (the "Acquired Shares") in the capital of...

White Tundra Petroleum Ltd. is pleased to announce completion of workover and production optimization activities on both its Loyalist and Wildunn properties, which has resulted in production over the last 7 days (September 23, 2024 through September...

The CRE Finance Council (CREFC), the industry association representing the $5.9 trillion commercial and multifamily real estate finance sector, today released the results of its Third-Quarter 2024 (3Q 2024) Board of Governors (BOG) Sentiment Index...

East Coast and Gulf Coast port workers are on the cusp of striking?a move that could cause serious economic fallout. Just a one-week strike could cost the US economy $3.78 billion (i.e., $540 million per day). ...

U.S. staffing companies employed an average of almost 2.2 million temporary and contract workers per week in the second quarter of 2024, according to data released today by the American Staffing Association?down 44,000 jobs from the first quarter of...

Immigration to the United States continues to be a topic of an intense national dialogue. Seeking to provide an evidence-based contribution to this ongoing discussion, economists at Analysis Group, one of the largest international economic consulting...

Beyond the U.S. economy, one in two Americans believe the outcome of the 2024 Presidential election will directly impact their own personal finances, according to new research from Empower, a leader in financial planning, investing, and advice. In...

Mergermarket, an ION Analytics service, reports that the recovery in global deal-making continued into 3Q24 as central banks in Europe and the US began cutting interest rates. Mega deals drove activity, with the tech sector capturing a significant...

As dawn breaks over Hangji town in Yangzhou, Jiangsu Province, the first rays of sunlight spill onto the bustling streets, illuminating the rhythmic hum of toothbrush production lines. In a cozy Beijing hutong, a grandmother beams with delight as she...

The Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on Thursday to analyze the current economic situation of China and make further plans for economic work. Xi Jinping, general secretary of the CPC Central...

The North, with its distinct characteristics, draws both Canadians and international travellers seeking unique and unforgettable experiences. Tourism plays a key role in northern economies by creating jobs, supporting local communities, benefitting...