The U.S. economy grew at an unexpectedly brisk 3.3 per cent annual pace from October through December as Americans showed a continued willingness to spend freely despite high interest rates and price levels that have frustrated many households. Thursday’s report from the U.S. Commerce Department said the gross domestic product — the economy’s total output of goods … Read more
The Sunday Magazine22:54For 100 years, this Mickey Mouse operation has thrived. Is Disney now losing its magic? You might describe Marlene Morris as a Disney lifer. As a child, she grew up watching Disney movies on weekends and listening to her father read Disney’s Bedtime storybooks at night. She first visited Disney World in Orlando, Fla., … Read more
The recent surge in newcomers is adding to inflation through housing demand, a senior Bank of Canada official said Thursday, warning rental and home prices could continue to rise without a boost to housing supply. In a speech in Windsor, Ont., deputy governor Toni Gravelle acknowledged many of the benefits coming from this rise in immigration, … Read more
