Author: Consultant

U.S. weekly jobless claims dip as labour market remains resilientThe number of Americans filing new claims for unemployment benefits fell last week and data for the prior period was revised […]

OPEC secretary-general says oil slide driven by fear, upbeat on 2023 outlookA recent oil-price slide reflects fears of economic slowdown and masks physical market fundamentals, OPEC’s new secretary general told […]

Keyera and Canadian National Railway to evaluate Alberta terminal projectKeyera Corp. KEY-T -1.02%decrease and Canadian National Railway Co. CNR-T +0.15%increase have signed a deal to evaluate building a rail terminal in Alberta to ship energy products.The […]

Quebec pension fund manager Caisse loses $33.6-billion in first half of 2022Roiling world markets have taken their toll on Caisse de dépôt et placement du Québec, as the pension giant […]

Trudeau celebrates Canadian windfall from Biden signing Inflation Reduction ActCanadian Prime Minister Justin Trudeau took to social media to celebrate President Biden signing the Inflation Reduction Act, boasting that the American legislation […]

U.S. retail sales were flat in July as inflation takes a tollThe pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest rates […]

Target’s earnings take a huge hit as retailer sells off unwanted inventoryhttps://www.cnbc.com/2022/08/17/target-tgt-q2-2022-earnings.htmlTarget’s profit plunged as it slashed prices to clear out a glut of unwanted inventory.The retailer maintained its outlook […]

Canada’s inflation rate slows to 7.6% in July, but more Bank of Canada rate hikes expectedCanadian inflation slowed in July as consumers paid much less for gasoline, marking what could be the […]

Aug 16: At midday: TSX hits near 10-week high on boost from financialsCanada’s main stock index hit a near 10-week high on Tuesday, boosted by financial stocks after data showed […]