Here are the CP Business Department's plans for today and the top business stories so far. All times Eastern unless otherwise stated. All ETAs and wordcounts approximate. Entries are subject to change as news develops.
If you have any questions, please contact Kate Hopwood at 416-507-2151 or kate.hopwood@thecanadianpress.com, or Jody White at jody.white@thecanadianpress.com. You can always reach the desk at business@thecanadianpress.com or 416-507-2138.
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COVERING:
This week's Your Money column takes a look at which federal party offers the most options to millennials and gen Z.
We'll have DavidsTea quarterly results after markets close.
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TOP STORIES:
Manufacturing sales fell 1.5 per cent in July
StatCan-Manufacturing
Ottawa, Ontario, Canada -- Statistics Canada says manufacturing sales fell 1.5 per cent in July to $59.6 billion as a drop in wood products helped lead the way down. Words: 129, Photos: 1
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US consumer prices rise 0.3% in August, lowest in 7 months
US-Consumer-Prices
U.S. consumer prices rose a lower-than-expected 0.3% last month, the smallest monthly increase n seven months and a hopeful sign that inflation pressures may be cooling. The Labor Department reported Tuesday that the August gain was down from a 0.5% increase in July and a 0.9% surge in June. It was the smallest increase since a similar 0.3% rise in January.
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Global stocks mixed as investors await US inflation data
Financial-Markets
Global stocks are mixed as investors wait for an update on U.S. inflation that has been stronger than expected. London and Shanghai declined while Frankfurt and Tokyo advanced, with the benchmark Nikkei 225 hitting a 31-year high. Wall Street futures were up a a day after the benchmark S&P 500 index closed higher, snapping a five-day losing streak.
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CALENDAR:
Statistics Canada manufacturing numbers for July, Ottawa , 0830
Restaurant Brands International at Scotiabank Back to School Conference, Toronto , 0950
Gildan Activewear at Scotiabank 25th Annual Back to School Conference, Montreal , 1030
Cogeco takes part in BMO Capital Markets' 22nd Annual Media & Telecom Conference, Montreal , 1345
Canopy Growth Corp. annual and special meeting, Smiths Falls, 1400
DAVIDsTEA Inc. results, 1600 (EDT)
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