Abbott to Halt Some Truck Inspections on Border Snarl
Texas will halt some vehicle inspections at the U.S.-Mexico border after a protest against Gov. Greg Abbott’s crackdown provoked protests that halted some crucial food and equipment shipments.
Canada Inflation Accelerates to 4.7%, Highest Since 2003
Canadian inflation climbed to the highest in two decades, adding pressure on the Bank of Canada to raise interest rates.
Export Boom Drives Canada’s Largest Trade Surplus Since 2014
Canada’s trade sector unexpectedly recorded its largest surplus in more than six years on across-the-board increases in exports.
Coronavirus Puts Speed Bump in Canada’s 2020 Economic Expansion
The global spread of coronavirus is lowering expectations that Canada’s economy will quickly emerge from one of its worst slowdowns in years, fueling bets the central bank will be forced to cut interest rates.
Robots Displacing Jobs Means 120 Million Workers Need Retraining
More than 120 million workers globally will need retraining in the next three years due to artificial intelligence’s impact on jobs, according to an IBM survey.
Two Texas Oil Towns Among Metros With Fastest Population Growth
Two Texas economies are reaping the benefits from the oil boom in the Permian Basin with people “voting with their feet.”
Landstar Analyst Invokes ‘Spaceballs’ in Bullish Freight Thesis
Landstar System’s stock is traveling at “ludicrous” speed after a series of bullish analyst calls, including one with references from the movie “Spaceballs.”
Americans’ Economic Expectations Match Strongest Since 2002
Americans’ outlook for the economy climbed in March for a third straight month to match the highest level since 2002, data from the Bloomberg Consumer Comfort Index showed March 22.
Consumer Comfort Hovers Near Highest Level in 17 Years
Americans’ sentiment remained close to a 17-year high on rosier views of personal finances and the buying climate, as workers enjoy more take-home pay after the recent tax-cut legislation, according to the weekly Bloomberg Consumer Comfort Index released March 1.
Americans’ Economic Expectations Reach Second-Highest Since 2002
Americans’ outlook for the U.S. economy improved in February to the second-highest level since March 2002, indicating lower taxes are resonating, the Bloomberg Consumer Comfort Index showed Feb. 21.