ECB policymaker Cipollone says inflation is far from the ECB adverse and severe scenarios

The high cost of living was the most commonly cited barrier to entrepreneurship, including among 42% of Gen Zers surveyed. Eighty-one per cent of Canadians agreed that financial uncertainty is acting as a catalyst, pushing more people toward entrepreneurship to offset financial pressure. Amy Childs, RBC’s vice-president of small business and partnerships, said Canadian entrepreneurs…

“Economic weakness has met the minimal duration test, but not the depth or breadth of a conventional recession,” Billy-Ochieng’ wrote. Mortgage brokers tracking client demand have watched economic conditions shift unevenly across sectors, a pattern that lines up closely with TD’s characterisation of a rolling, rather than synchronised, downturn. Brokers and economists weighing in on Canada’s…

Anne Hathaway has spent years calling New York City home—but even an Oscar-winning actress isn’t immune to some of the less-glamorous realities that come with living in the Big Apple. The 43-year-old actress opened up about her experiences living in New York while taking part in a New York Magazine segment, revealing some of the…

Lately, it has been difficult to follow the financial news without encountering a discussion about rising long-term interest rates. The 30-year U.S. Treasury yield recently climbed above 5.3% while the 10-year eclipsed 5%, both reaching levels not seen in nearly two decades. This is not exclusively a U.S. phenomenon. Long-term yields have also reached multi-year…

Turkey froze assets tied to executives of nine financial firms, including three brokerages, today (Monday), widening a criminal probe into collapsed investment funds. Justice Minister Akın Gürlek announced the measures. The order, which Gürlek set out in a post on X, covers board chairs and members, authorized signatories, their spouses and first-degree relatives. Sermaye piyasalarında…

In an attempt to not force another “Warsh” or “Jackson Hole” headline (because it’s a coin flip as to whether it will matter), the calendar offers up another event that is almost guaranteed not to matter. Despite the familiar name, today’s nonfarm payrolls data is not the NFP you’re looking for (that NFP will be…