Economics

South Korea’s central bank cut its key interest rate and sharply lowered its growth outlook for the country’s economy in 2025, as it moved Thursday to counter U.S. President Donald Trump’s tariff hikes and weak domestic demand worsened by recent political turmoil.

Canada’s government debt issuance is expected to surpass a pandemic-era record high this fiscal year, which could raise borrowing costs and add to calls for the ruling Liberal Party to be more transparent on its spending plans.

Americans’ views of the economy improved in May after five straight months of declines sent consumer confidence to the lowest level since the onset of the COVID-19 pandemic, largely driven by anxiety over the impact of President Donald Trump’s tariffs.

A new report by the OECD says Canada needs to boost productivity and housing affordability to strengthen growth as it faces trade uncertainty and U.S. tariffs that are taking a bite out of the economic outlook.

A new report says nearly two-thirds Canadian businesses want the government to work to reduce the barriers to internal trade in an effort to improve productivity.

Here are five things you need to know this morning.

Sweden’s Volvo Cars will cut 3,000 mostly white-collar jobs as part of a restructuring announced last month as it grapples with high costs, a slowdown in electric vehicle demand and trade uncertainty, it said on Monday

Statistics Canada says retail sales rose 0.8 per cent to $69.8 billion in March, helped by an increase in new car sales.

Here are five things you need to know this morning.

The latest economic forecasts from TD Bank, BMO, National Bank and Deloitte all suggest that Canada could be heading towards a recession in 2025.

As more companies say they plan to raise prices to deal with the U.S. tariffs, viewers have been sharing stories with CTV News about online goods coming with added charges.

The German economy, Europe’s biggest, grew by 0.4 per cent in the first quarter thanks to stronger-than-expected exports and manufacturing, official data showed Friday. That was double the growth initially estimated.

Here are four things you need to know this morning

Here are five things you need to know this morning.

The President of the Topeka Chamber of Commerce will be in Ottawa this week in an attempt to strengthen trade ties amid tariff uncertainty, saying that tariffs are impacting Kansas businesses.