The top-line ISM service sector index rose to 51.6 from 50.8, while the prices paid subindex rose to 65.1 from 60.9. … READ MORE >
tariffs
Trade shocks, employment and the coming recession
Another disruption to U.S. supply chains through trade policy will mark the end of the current business cycle as the economy slips into recession. … READ MORE >
5 things to know in life sciences: Week of April 28, 2025
Each week we highlight five things affecting the life sciences industry. Here’s the latest. … READ MORE >
Last call on the current business cycle? U.S. added 177,000 jobs in April.
The labor market expanded at a solid pace in April, which should be taken as a positive given the price shock that will soon begin showing up. … READ MORE >
Canada’s weakened financial conditions point to slower growth
Canada’s financial conditions have deteriorated as the prospect of slower economic growth looms in the coming quarters amid tariff-induced uncertainty. … READ MORE >
On the knife’s edge: U.S. GDP contracted by 0.3% in the first quarter
The American economy is navigating an air-pocket that has caused it to rapidly lose altitude. It has entered a period that is best characterized as stagflation and that will in the near term limit the degrees of freedom on policy at the Federal Reserve. … READ MORE >
What the Liberals’ election win could mean for Canada’s economy
Following the Liberal Party’s election win, a Mark Carney-led government could introduce ambitious economic strategies to contend with ongoing uncertainty. … READ MORE >
Consumer businesses face tariffs: Weighing strategies to mitigate costs
U.S. businesses reliant on foreign imports have seen their average tariff rate increase from 2% at the beginning of the year to 24% as of April 11, according to Bloomberg. This has left many businesses, including those in the consumer products industry, considering what actions to take to mitigate the increased costs due to tariffs. … READ MORE >
Health care industry trend watch: Week of April 28, 2025
Mounting tariffs are triggering concerns across health care organizations grappling with already thin margins. … READ MORE >
Market Minute: Currency politics, capital flows and U.S.-Japanese relations
U.S. Treasury Secretary Scott Bessent and Japanese Finance Minister Katsunobu Kato are set to start a dialogue on currency rates when they meet this week in Washington. Their meeting should capture in vivid fashion the lack of clarity in U.S. trade policy at a time when Japanese decision makers are … … READ MORE >