Canada’s federal fiscal picture is set to worsen as deficits and debt rise as a percentage of the economy, according to the latest forecasts from the country’s budgetary watchdog.

Senior bankers at Goldman Sachs told us they’re betting on a revival of European dealmaking because more investors are looking outside the US to generate returns. Economies including Germany and France are poised to benefit from an uptick in infrastructure spending. Financing those capital expenditures could lead to more mergers and public offerings.

European stocks fell, weighed down by the healthcare sector, after the Trump administration launched investigations into imports of robotics, industrial machinery and medical devices.

Meta Platforms Inc. is set to face a charge sheet from the European Union for failing to adequately police illegal content, risking fines for violating the bloc’s content moderation rulebook.

A federal judge allowed Eli Lilly & Co.‘s lawsuit alleging a drug compounder sold untested and unapproved versions of its obesity treatment to proceed while he also dismissed some of the drugmaker’s claims.

Sales of previously owned homes in the US slipped slightly in August, a sign that affordability constraints continue to grip the housing market.