Recent transactions may indicate an opening in the biotech IPO market. This and more in this week’s life sciences update. … READ MORE >
Blog
New Canadian regulation is set to help level the internet playing field
Canada regulators are pushing for increased competition in the internet space with a new regulation designed to give consumers more choice and competitive pricing, while offering a leg up to smaller telecoms providers seeking to grow their share of the market for internet service.
On Aug. 13, the Canadian Radio-television and Telecommunications Commission issued a new telecom regulatory policy that requires Canada’s three largest telecoms providers—Rogers, Telus and Bell—to give competitors access to their predominant fiber networks for a fee. since May to Ontario and Quebec, the nation’s two largest provinces. … READ MORE >
Fed cuts rates to support a soft landing in the economy
The Federal Reserve on Wednesday reduced its policy rate by 50 basis points to a range between 4.75% and 5% to protect full employment and preserve the soft landing in the economy. … READ MORE >
Canada’s consumer price index hits 2 per cent target
The Bank of Canada will need to continue rate cuts amid disinflation as well as rising unemployment and sluggish growth. … READ MORE >
U.S. retail sales and industrial production beat expectations
The data should temper the market’s concern about growth that has triggered calls for a 50 basis-point cut in the Federal Reserve’s policy rate at its meeting this week. … READ MORE >
Back-to-school recap: Buying trends set tone for retail holiday season
The back-to-school season provided key insights into what to expect for the holiday shopping period. … READ MORE >
Real federal funds rate illustrates that Fed policy is restrictive
With underlying inflation having fallen to between 2% and 2.5%, and the federal funds rate standing at 5.5%, capital investment has become prohibitively expensive for many businesses. … READ MORE >
Consumer sentiment rises on improved outlook for inflation and spending
The University of Michigan consumer sentiment index rose to 69 in the first half of September, up from 67.9 earlier. … READ MORE >
5 things to know in life sciences: Week of September 9, 2024
California leads biopharma job openings. This and more in this week’s life sciences update. … READ MORE >
Immigration and the rebalancing of the Canadian economy
Canada’s shifting immigration policies highlight the delicate balance between addressing short-term economic concerns and safeguarding long-term growth. … READ MORE >