U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years, a business research group said Tuesday.
Right now, the U.S. economy is slowing rapidly. According to the Atlanta Federal Reserve’s GDPNow model, “the estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2025 is -1.
In February, employment in Canada was largely unchanged, with a modest increase of 1,100 jobs. The labour force participation rate declined to 65.3 per cent, while the unemployment rate remained steady at 6.6 per cent.
The new year typically offers a chance to start fresh and reboot priorities -- but not for everyone. A new survey of 1,700 participants, including CEOs, boards of directors, and other
The Conference Board said consumer confidence took its biggest one-month slide in four years, forcing many national chains to lower earnings guidance.
Even before Donald Trump shattered the idea of a western alliance over the weekend, an uneasy spectre had begun to roil through the global economy, with troubles brewing on at least three fronts.
Inflation is heating up, a trade war is brewing and American consumers aren’t feeling great about the economy. That’s a toxic mix for businesses.
China is keeping its economic growth target at “around 5%” for 2025 despite a looming trade war with the United States and other headwinds.