United States, July 29, 2025 -- In a world strained by inflation, inequality, and economic systems that increasingly benefit the few, the idea of a people-centered economy may seem idealistic — even impossible. But a growing global community is already putting that idea into practice.
Economist Peter Schiff warns that President Donald Trump's trade deals, which involve commitments for purchasing more U.S. goods, could have unintended consequences for inflation and treasuries.
In the upcoming session, the spotlight is likely to be on the Federal Open Market Committee meeting that gets underway, the results of the Job Openings And Labor Turnover Survey, and the Conference Board’s July consumer confidence data.
This week brings a full truckload of data: reports from the Magnificent Seven giga-caps, a Fed decision, and a key tariff expiration. If markets take a sharp dive, some might call it a black swan… but of course they’d be wrong.
Shares of kitchenware and home goods retailer Williams-Sonoma (NYSE:WSM)
jumped 3.2% in the afternoon session after its West Elm brand announced an expanded collaboration with fashion designer Joseph Altuzarra for a new kids' collection. The collection, which launched on the same day as the stock's rise, was inspired by the designer's children and featured nature-inspired, hand-drawn botanical designs on items like furniture, bedding, and rugs. This strategic partnership was viewed as a way for the company to enhance its product offerings and capture a niche, fashion-conscious segment of the home retail market. The news likely built on investor confidence, which was also supported by the company's strong digital leadership and robust financial health.
Ottawa, ON - In a significant move to enhance labour standards and economic competitiveness, Canada has officially increased the minimum wage thresholds under the Labour Market Impact Assessment (LMIA) program, effective June 27, 2025. This update directly affects employers under the Temporary Foreign Worker Program (TFWP) and foreign nationals seeking a work permit in Canada .
Ottawa, ON - The Government of Canada has officially increased the Canada Child Benefit (CCB) payments starting July 18, 2025, bringing financial relief to millions of families across the country. The annual adjustment indexed to inflation reflects a 2.7% increase for the 2025–2026 benefit year, raising maximum payments to $7,997 for each child under 6 and $6,748 for each child aged 6 to 17.
Toronto, Canada - July 28, 2025 - The (CRA) Canada Revenue Agency has announced that the next Goods and Services Tax (GST) payment will be disbursed on July 4, 2025, with an increase in benefit amounts. This tax-free quarterly payment is designed to help low- and moderate-income Canadians offset the burden of GST/HST, especially amid rising costs of living.
