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U.S. economy accelerated to a 2.4% growth rate in Q2

A burst of business investment drove last quarter's surprising GDP figure

Concept of crisis with unstable statistic bars

U.S. economy could be spared a full-scale downturn

Here's how certain trends may play out

Woman Selling Soft Drinks At Farmers Market Stall

U.S. consumer confidence jumps to a two-year high as inflation eases

The index fell from mid-2021 to mid-2022 as surging prices ate into household budgets

Chairs on dock

Budget watchdog reviewing underused housing tax again

U.S. critics continue to push for relief for Americans who own seasonal properties in Canada

Now hiring sign

U.S. jobless claims continue to fall

Since the pandemic hit, U.S. employers have added jobs at a blistering pace

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U.S. bank mergers on hold for now: Fitch

Regulatory, financial and economic headwinds all weigh on deal activity

Supreme Court of Canada building in Ottawa, Canada

Supreme Court won’t examine sharing of Canadian bank account info with U.S.

The case began when two U.S.-born women living in Canada contested the legislation

Banks

BofA hit with $250 million in fines and customer refunds for “double-dipping” fees, fake accounts

BofA has been cutting down on its reliance on overdraft fee revenue

people are waiting in the aterminal with their silhouette reverse lighted image

U.S. job openings dip to 9.8 million but remain high, showing resilience in labour market

The job market's sturdiness has raised doubts about whether a downturn is inevitable

Illustration and Painting

Wall Street still wondering if recession is in the cards

Here's a look at the arguments for the upside and downside