There were 1.56 million new housing starts in June on an annualized basis, a 2.0% decline from May and the lowest level since last September. … READ MORE >
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Canadian housing starts fall slightly in a sign of possible cooling
Housing starts in Canada fell to 273,800 in May, a 3% drop from April. … READ MORE >
Can a price cap on Russian oil work?
The idea of placing a cap on the price of Russian oil leaves the question of enforcement—or how to prevent Russia and other nations from getting around the cap. … READ MORE >
Consumer sentiment eases as industrial production falls
The drop in long-term inflation expectations was quite significant, down to 2.8%, the lowest in about a year, from 3.1%. … READ MORE >
Retail sales rebounded in June amid elevated inflation
Despite solid growth in June, sales at retail and food stores failed to offset sky-high inflation for the second straight month. … READ MORE >
5 things to know in life sciences: Week of July 11, 2022
This week we highlight innovative treatments for heart disease and depression as well as other news affecting the life sciences industry. … READ MORE >
The return of king dollar: The greenback in an era of inflation
The return of inflation, interest rate differentials and a quickly changing geopolitical landscape are the primary catalysts behind the recent surge in the value of the American dollar. … READ MORE >
Latest jobless claims and producer inflation show upside surprises
New filings for jobless benefits last week rose by 3.8% to 244,000 while producer inflation rose by a surprisingly strong 1.1% in June. … READ MORE >
Bank of Canada raises its policy rate by 1% to tame inflation
The Bank of Canada announced a 100-basis-point rate hike on Wednesday, the largest increase since 1998, in an attempt to restore price stability. … READ MORE >
Direct investment favored by family office real estate investors
Direct investment in real estate remains a predominant trend among family offices. This was a theme we heard recently at a real estate conference in Dana Point, California. … READ MORE >