BoC governor urges firms to look beyond U.S. as trade tensions and tariffs threaten growth
Promotions boosted May retail sales, but exports and housing slumped
Inflation remains mild, with little impact from tariffs so far
The chief economist at one of Europe’s largest banks reflects on how U.S. volatility is shaping investors' approaches
Household saving rate declines for second consecutive quarter to 5.7%
Subsidy would support roughly 71,700 purchases at an average of $26,832
Rising primary energy demand will require US$17.4 trillion in oil investment by 2050: OPEC
Trade group estimates the measure could cost the country US$55B annually over 10 years in lost GDP
Return trips by air fell 24% compared with last May, while return trips by auto plunged 38%
Global economy has missed its chance for a soft landing, bank says