U.S. retail sales surge 0.7% in March
With jobs plentiful, Americans seem unfazed by higher prices
- By: Anne D’innocenzio, The Associated Press
- April 15, 2024 April 15, 2024
- 12:36
With jobs plentiful, Americans seem unfazed by higher prices
March home sales, average price also up from a year ago
Many central banks are tilting toward undoing some of the sharp hikes to interest rates
Figures from March will likely delay Fed rate cuts
Governments must prioritize sustainable investment as damaging events increase
Merger activity subdued, but the benefits of scale only continue to grow
Core inflation stays hot, while food components continue to ease
Robust gains due to weaken as conditions normalize
Beijing position threatens American jobs, Treasury Secretary says
Prices rise across all housing types
Affordability, cost of living still weighing on buyers, even as rate cuts appear imminent
Insolvency firm says Canadians are growing more optimistic as prospect of interest rate cut rises
Jamie Dimon says inflation, political polarization, wars creating risks not seen since Second World War
Canada’s unemployment rate jumps to 6.1% in March
The unemployment rate has come in below 4% for 26 straight months
RBC Capital Markets leads both debt, equity league tables
Declining mortgage rates, strong population growth will help spur a rebound in sales and prices
Trio of Canadian dealers climb global league tables
Says recent data showing signs of persistent inflation don’t materially change the overall picture
AI products gain favour, while crypto ETFs see outflows
Toronto sales down 4.5%, Vancouver down 4.7%