Author: Consultant

European Central Bank raises rates by 50 basis points, its first hike in 11 yearsThe ECB had previously signaled it would be increasing rates in July and September as consumer […]

Canada’s inflation rate hits 8.1% but early signs suggest peak nearCanadian inflation jumped to the highest rate in nearly four decades in June, although there are tentative signs that consumer […]

Senate advances more than $50 billion bill to boost U.S. semiconductor productionThe Senate on Tuesday voted to advance a slimmed-down version of its bill designed to boost U.S. semiconductor competition […]

Global chip shortage is not over and the slowdown is ‘going to bite,’ analyst saysCiting supply chain challenges due to Russia’s war in Ukraine, Gupta said the two countries capture […]

Before the Bell: July 20EquitiesWall Street futures wavered early Wednesday as traders await more earnings from corporate America. Major European markets turned lower after a positive start. TSX futures were […]

West Fraser Timber shares roiled after takeover speculationWest Fraser Timber Co. Ltd.’s WFG-T +14.72%increase share price went on a roller-coaster ride on Tuesday as investors speculated about a potential takeover of the producer […]

Oil rises 1% as tight supply outweighs economic worriesOil prices edged up about 1% to a two-week high in volatile trade on Tuesday as the market focused more on tight […]

Dow rallies more than 700 points in rebound as traders bet that the bottom is inStocks rallied Tuesday, with the market resuming a bounce from last month’s lows, as traders […]

Netflix only loses 970,000 subscribers in second quarter after warning of loss of 2 millionNetflix reported earnings after the bell. Here are the results:EPS: $3.20 vs $2.94 per share, according to Refinitiv.Revenue: $7.97 […]