Andrew Moran

While manufacturing output continued to expand, momentum shifted to the services sector, which registered its strongest activity since December 2024.

Wheat registered a sizable gain this week, with the agricultural commodity continuing its strong first-half start. Agricultural commodities have ballooned this year on tight supplies, robust demand, and concerns that the worst El Niño season in a thousand years could decimate global food supplies.

Is Canada the largest economy in the world with low unemployment, tepid inflation, a strong middle class, solid fiscal health, a powerful military, and an international reserve currency? No, but the not-so-Great White North is behaving like it is a global superpower. Ottawa walked away from trade negotiations shortly before the August 22 midnight deadline, choosing to emulate China and impose tit-for-tat tariffs on US goods exported up north.

Brokerages & Day Trading Canadian Prime Minister Mark Carney announced on Saturday morning that Ottawa will implement tit-for-tat tariffs on American goods.

The plan is to ’sever every economic lifeline that sustains the tyrannical regime until Tehran stands alone,' the Treasury secretary said.

Treasury Secretary Scott Bessent revealed details of Operation Economic Outcast, a new plan to isolate Iran from the world economy.

Composition of the Federal Reserve’s balance sheet is gradually shifting to the short term.

Motorists still on track to pay $4 a gallon of gasoline during the Labor Day long weekend, an analyst said.

Looking ahead to the third quarter, the economy could register sizable growth.

Inflation holding steady could give the Federal Reserve some time before raising interest rates.