Canadian Pacific’s $25 billion deal to purchase Kansas City Southern would create the first railroad network covering Canada, Mexico and the United States. … READ MORE >
CHART OF THE DAY: Signs of increasing foreign investment in the U.S. and the dollar
February data from the government’s Treasury International Capital reporting system—which tracks capital flows into and out of the United States—provided another strong signal that the nascent economic recovery is quickly turning into a full-blown expansion. … READ MORE >
Weekly jobless claims: A grim anniversary as claims rise to 770,000
Top-line initial claims for unemployment benefits increased to 770,000 versus an expected decline to 700,000 for the week ending March 13, according to government data released Thursday. … READ MORE >
FOMC meeting comment: Welcome to the boomtown
The onset of recovery in the U.S. economy and the growing likelihood of a robust expansion this year and next resulted in a significant upgrade of the Federal Reserve’s Summary of Economic Projections forecast through 2023. … READ MORE >
An evolution of the economy: Living, and adapting, with COVID-19
What should middle market businesses consider in terms of a COVID-19 endemic future? Evaluating existing business models, updating policies and making investments in technology and digital infrastructure are just a few components. … READ MORE >
CHART OF THE DAY: Airline passenger volume rising
One sign that Americans are ready to resume taking normal social and economic risks is airline passenger traffic. Airline passenger volume in the United States is increasing again in a welcome signal that the economy is ready to recover. … READ MORE >
Coronavirus update: Vaccines and the pandemic in six charts
Americans are being vaccinated at an average rate of 2.3 million per day and supplies are sufficient enough that states have begun to lower age requirements. … READ MORE >
CHART OF THE DAY: Where in the world is wage push inflation?
Much of the talk about risks to the economic outlook has been linked to the prospect of higher inflation following more than $5 trillion in federal spending to address the pandemic. But what is often missing in that discussion is the link between price volatility and wages. … READ MORE >
Making sense of inflation: What we can learn from post-recession recoveries
It can take an average of 27 months after a recession for inflation to return to normal as sustained economic growth is attained and inflation reaches its assumed 2% target. This implies that some of the recent concerns around inflation are premature. … READ MORE >
Initial jobless claims: Expect the number to swell in coming weeks on benefits extension
First-time jobless claims remained elevated for the week ending March 6, arriving at 712,000, down from an upwardly revised 754,000, the Labor Department reported on Thursday. … READ MORE >









