Consumer sentiment this month dropped to the lowest since May. The decline stems from the rebound in inflation and weakened expectations due to a looming government shutdown. … READ MORE >
Blog
5 things to know in life sciences: Week of Oct. 9, 2023
From a groundbreaking cancer risk assessment to the evolving landscape of academic centers, here’s what’s happening in life sciences. … READ MORE >
Consumer price index: Volatility in energy and gas makes price stability elusive
Gains toward price stability remain elusive as the 1.5% increase in overall energy costs and stubborn housing inflation were the major drivers of inflation over the past month. … READ MORE >
Producer inflation rose more than forecast in September
Overall prices for final demand rose by 0.5% on the month while energy prices increased by 3.3%, the Bureau of Labor Statistics reported on Wednesday. … READ MORE >
Amid Canada’s housing crunch, some move in with other generations
The multigenerational trend is being driven in no small part by necessity as younger buyers and new arrivals to Canada search for a place to live. … READ MORE >
Excess savings are critical to the economic expansion’s duration
According to our analysis of revised BEA data, consumers are on a strong footing, with between $400 billion and $1.3 trillion in excess savings that they can draw upon as the economy moves back toward price stability. … READ MORE >
“Future lunar economy” has companies running a new space race
Space companies are investing in innovation and optimizing their supply chain. … READ MORE >
The UAW strike’s potential impact on U.S. auto sector
This work stoppage comes at a time when many companies are already facing margin compression. Investments in automation and other technologies can help businesses weather these challenges. … READ MORE >
Canada has an acute shortage of housing. Easing regulations would help solve that.
Canada’s housing crisis keeps getting worse. The latest Housing Supply Report by the Canada Mortgage and Housing Corporation concluded that the level of new construction is too low to address the long-term housing supply gap. The housing supply grew by only 1% in the first half of this year, according … … READ MORE >
Oil price increase to exert limited impact following attack on Israel
Oil prices surged following the surprise attack by Hamas on Israel and Israel’s counterstrike over the weekend. After a knee-jerk reaction upon the open of trading around the world, prices have been well behaved and should abate as the shock of the attack, as deadly as it is, abates. It … … READ MORE >