Economy
Growth, inflation, interest rates and central-bank decisions, budgets, trade and tariffs, and what they mean for households and firms.
Latest Economy stories
Ontario hospital plans to cut hundreds of jobs amid province-directed budget plan
Hamilton Health Sciences is planning to cut more than 400 jobs, a move the hospital network is directly tying to provincial marching orders to balance budgets.
Analysis: Higher Treasury yields deliver a reality check on a hot, inflation-prone economy
Elevated Treasury yields will complicate both Federal Reserve policy and Treasury financing.
Paulson is latest Fed official to say more rate hikes may be needed
Philadelphia Federal Reserve president Anna Paulson said Thursday that inflation needs attention, which might require further interest rate hikes.
Diesel prices across Australia could surge beyond $3 a litre as Trump eyes cut to US fuel exports
Fuel costs have risen to levels not seen since early April, adding to risk of inflation and interest rate hike
World heads into food crises 'blind' as U.S. aid cuts squeeze UN food agency, experts warn
Climate shocks, conflict and a global fuel crisis, on top of surging interest rates and donor cuts, leave agencies less able to help those facing higher food pr...
Bond market selloff rumbles on ahead of Trump and XI talks
World financial markets remained on edge on Thursday after concerns about the Iran war and inflation pain had triggered the sharpest selloff in US Treasuries and other benchmark government bonds since last year's Liberation Day turmoil.
New report alleges ICE has wasted millions of dollars on unused detention facilities
Investigators say ICE has wasted millions of dollars from its $45 billion budget on detention centers that were poorly planned or never used in the first place.
New report alleges ICE has wasted millions of dollars on unused detention facilities
Investigators say ICE has wasted millions of dollars from its $45 billion budget on detention centers that were poorly planned or never used in the first place.
2027 Racine County budget proposal includes lower mill rate, increased investments
2027 Racine County budget proposal includes lower mill rate, increased investments
Mortgage rates top 7% as housing affordability crisis deepens
Mortgage rates climbed over 7% Thursday as the United States moves deeper into an affordability crisis, with the economy top of mind for millions of voters heading to the polls in November.
Photo of home for sale
Mortgage rates climbed over 7% Thursday as the United States moves deeper into an affordability crisis, with the economy top of mind for millions of voters heading to the polls in November.
Photo of home for sale
Mortgage rates climbed over 7% Thursday as the United States moves deeper into an affordability crisis, with the economy top of mind for millions of voters heading to the polls in November.
Mortgage rates top 7% as housing affordability crisis deepens
Mortgage rates climbed over 7% Thursday as the United States moves deeper into an affordability crisis, with the economy top of mind for millions of voters heading to the polls in November.
Photo of home for sale
Mortgage rates climbed over 7% Thursday as the United States moves deeper into an affordability crisis, with the economy top of mind for millions of voters heading to the polls in November.
Photo of home for sale
Mortgage rates climbed over 7% Thursday as the United States moves deeper into an affordability crisis, with the economy top of mind for millions of voters heading to the polls in November.
Mortgage rates top 7% as housing affordability crisis deepens
Mortgage rates climbed over 7% Thursday as the United States moves deeper into an affordability crisis, with the economy top of mind for millions of voters heading to the polls in November.
Photo of home for sale
Mortgage rates climbed over 7% Thursday as the United States moves deeper into an affordability crisis, with the economy top of mind for millions of voters heading to the polls in November.
Mortgage rates top 7% as housing affordability crisis deepens
Mortgage rates climbed over 7% Thursday as the United States moves deeper into an affordability crisis, with the economy top of mind for millions of voters heading to the polls in November.
Ghana Holds Rate for Third Time in Row on Inflation Risks
Ghana Holds Rate for Third Time in Row on Inflation Risks
Australians ‘scrambling’ for second jobs to deal with rising mortgage repayments and cost of living
Latest data also shows unemployment at highest level since the pandemic, which analysts doubt will stop RBA hiking interest rates Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Australians are “scrambling” to find more work to cover soaring living expenses and prepare for higher mortgage costs, economists say, after new data showed unemployment ticked up to it’s highest rate since the pandemic. The key jobless figure lifted to
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