Reports of an Iran deal boost markets, new-car buyers are disappearing, and GDP growth slows. Read more in today’s Markets P.M. newsletter.
Plus, disappearing car buyers and slower growth. Source link
Finance
Gen Z Can’t Get Enough of Roth IRAs
A younger generation embraces the benefits of tax-free investment growth. Source link
Canada Lenders Well Placed to Handle Prolonged Energy-Price Shock, Central Bank Says
Canada’s banks have fortified their financial position over the past year and would be able to lend to customers should
The U.S. economy grew more slowly during the first three months of the year, updated government data showed Thursday
The economy grew at a 1.6% annual rate, below earlier estimates, though corporate profits saw their largest year-over-year increase since
U.S. Jobless Claims Rose Last Week
U.S. jobless claims rose last week, a sign the labor market remains tentative amid economic uncertainty from the war in
Canada 1Q Current Account Deficit Widens
Canada’s current-account shortfall widened in the first quarter as the country’s direct investment income surplus shrank. Source link
Iran War Keeps Fed’s Inflation Gauge Above Inflation Target
The Fed’s preferred gauge of monthly price increases grew at a slower pace in April but still remained above its
April Durable-Goods Orders Beats Forecasts
Orders for durable goods grew at a strong pace in April, a second consecutive monthly increase, the Commerce Department said
The U.S. economy grew more slowly during the first three months of the year, updated government data showed Thursday
The economy grew at a 1.6% annual rate in the first quarter, down from the initial reported pace of 2%.
Eurozone Business Confidence Inches Higher as Price Expectations Cool
Selling-price expectations eased across all business sectors, interrupting the steep upward trend seen in the last two months. Source link