Business and consumer insolvencies rise in May from last year

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Canadian insolvencies rose in May from last year as elevated inflation and interest rates continue to hit businesses and consumers.

Wall Street Cop Finra Goes Quiet on the Beat as Its Caseload PlungesKleiner Perkins Pulls in More Than $2 Billion for New FundsUS Consumer Sentiment Falls by Less Than Initially EstimatedTreasuries Advance After Key Inflation Data Matches ExpectationsCopper Supply Gets a Boost as Chile Shows Signs of RecoveryBill Ackman’s US Closed-End Fund Sets IPO Price at $50 Per ShareNike Shares Drop on Sales Miss, Deepening Demand SlumpKenya Prepares Spending Cuts After Scrapping $2.

3 Billion SurplusBillionaire Arnault Said to Join Race for Signa’s Venice HotelBillionaire Agarwal Set to Regain Control of Zambia Copper MineEU Warns Its Chipmakers Could Lose Market Share in ChinaPollution Curbs, Non-Compete Bans Put at Risk by Chevron RulingHeat Waves and Wildfires Set to Persist in Europe Next MonthBillionaire Carlos Slim Ramps Up Oil Bets Amid Buying SpreeAtlantic May Soon Have Second Storm of the Season: Weather WatchThe Daily Chase: Canada's economy eked out 0.

 

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Canadian services sector downturn ends as new business climbs in MayThe headline business activity index rose to 51.1 from 49.3 in April, rising above the 50 threshold for the first time since May last year and posting its highest level since April 2023
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