Economy

Short-term rentals reduce housing affordability: Desjardins

Every one-percentage-point increase in the share of Airbnbs was associated with a 2.3% increase in rents, a report found

By Ritika Dubey, The Canadian Press |December 4, 2023

3 min read

Corporate defaults to peak in 2024: Fitch

Tighter financing environment, declining economic growth to drive defaults

By James Langton |December 4, 2023

2 min read

Economists predict U.S. economy can avoid a recession

Most of the surveyed economists expect inflation to continue to slow in 2024

By The Associated Press |December 4, 2023

2 min read

Fed’s Powell notes inflation is easing but says further progress is needed

Federal Reserve expected to hold interest rates at December meeting

By Christopher Rugaber, The Associated Press |December 1, 2023

3 min read