As election looms, U.S. fiscal outlook set to worsen
Federal deficit would suffer under both presidential candidates' fiscal proposals, though more so under Trump's, DBRS projects
- By: James Langton
- September 23, 2024 September 23, 2024
- 14:54
Boosting retirement age, pension reforms, should pay off in the long run, Moody's says
Global monetary policy set to sync up as the Fed begins to ease
Polled Americans continue to cite inflation as a leading concern
Fund assets continue to rise, despite mixed monthly sales performance
The country dropped in Natixis IM’s annual ranking amid weak demand for domestic jobs
Most of the index's sectors reported higher earnings, S&P reports
The period covered was largely marked by people anticipating and then delighting in rate cuts
Growth in credit card balances, HELOCs slowed as mortgages gained, StatCan says
Sales should improve thanks to lower mortgage rates, increasing inventory: economist
Move reflects new focus on bolstering the job market
Sept. 4 deliberations reveal concern that high rates could push inflation down by more than necessary
Portfolio flows rise in July, as Canadian investors curb cross-border buying: StatCan
Deficit totalled 695 billion yen, or $4.9 billion, down 26% from a year earlier
Higher air fares offset by lower fuel costs and restaurant and hotel bills
Job vacancies decline, driving up the ratio of unemployed workers to openings
Online retailers, sporting goods stores, and home and garden stores all reported higher sales
The drop came as the annual pace of urban starts fell 24% from July
It's the lowest level of inflation in more than three years, data show
The increase was driven by higher sales in petroleum, coal and chemical product subsectors
Prospective buyers may be holding off given lower interest rate forecasts, economist says