Retail sales stronger than expected in December due to GST/HST break
Retail sales were up by 2.5 per cent to $69.6 billion in December, Statistics Canada said Friday, led by increases at food ...
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TSX Down 150 Points at Midday With Miners The Biggest Decliner
The Toronto Stock Exchange is down 150 points with most sectors lower. The biggest decliners are miners (-2.7%), followed by healthcare (-1.4%) and technology (-1.2%). Utilities and telecoms sectors, ...
Stagflation-lite could still make policymakers sweat
Policymakers around the world may not like the word 'stagflation,' but they're going to hear a lot more it this year if the ...
French services PMI shocks and UK paints stagflation picture – German elections on Sunday in focus
- Europe is flat to higher, US exceptionalism narrative is fading due to softer Walmart earnings, weaker US retail sales, and ...
Friday’s analyst upgrades and downgrades
In a research report released Friday titled Not Your Father’s Furniture Store, Mr. Conrad initiated coverage of the retailer ...
Stagflation-lite could still make policymakers sweat: McGeever
Economists at Morgan Stanley and HSBC recently cut their 2025 UK GDP growth forecast to 0.9% from 1.4%, and the BoE said it ...
Canada December retail sales up 2.5%, beating market expectations
Canada's retail sales in December grew by a robust 2.5% on a monthly basis, beating analysts' expectations, as a sales tax ...
Canada Retail Sales Slide After Jumping 2.5% in December
Canadians look to have pared back spending at the start of the year, tightening their belts after flocking to retailers in ...
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Statistics Canada reports December retail sales up 2.5% at $69.6B
The agency said Friday (Feb. 21) retail sales in December rose 2.5% to $69.6 billion, topping the early estimate for the month that suggested a gain of 1.6%. However, the momentum from the strong ...