America

Irma’s damage a reminder of Florida economy’s vulnerability

Florida's economy has long thrived on one import above all: People. Until Irma struck this month, the state was adding…

Hurricanes to slow US economy but rebound should follow

Hurricanes Harvey and Irma will likely pack tough unpleasant effects for the U.S. economy as businesses have been disrupted, fuel…

Hurricanes Harvey, Irma damages could cost US economy $290 bn, AccuWeather says

Combined damages from Hurricanes Harvey and Irma could cost the U.S. economy as much as $290 billion, according to a…

Don’t wait for inflation to rise before hiking rates, Fed’s Mester warns

The Federal Reserve shouldn't wait until it reaches its economic goals before starting to tighten monetary policy, Cleveland Fed President…

U.S. jobless claims jump the most in nearly 5 years amid surge in applications

The number of Americans filing for unemployment benefits jumped to its highest level in more than two years last week…

Toronto housing market slump continues with August drop

Housing prices in Toronto continued their summer slump in August as government regulations and fears about a market softening curbed…