Higher borrowing, overheated housing markets are vulnerabilities
The province is putting an additional $2.2 billion toward Covid-19 spending
Yet, July's job gains were seen primarily in Ontario and in the service sector
The unemployment rate dropped to 5.4%, as the U.S. economy bounces back
The measures would seek to avoid an unprecedented default on U.S. national debt
Sales declined in eight of 11 subsectors, representing 65.6% of retail trade
Ratings outlooks are returning to pre-pandemic levels as economic recovery strengthens
Americans spent more last month on clothing, electronics and dining out
The central bank said in a report that its low-interest-rate policies are providing “powerful support”
The number of part-time positions rose, while full-time jobs lagged