Author: Consultant

Bank of Canada likely to mirror 0.75% Fed hike next month, say economistsThe Federal Reserve raising its key interest rate by three-quarters of a percentage point – its largest hike […]

Wealthsimple cuts 13% of workforce as tech job woes deepenOnline bank challenger Wealthsimple Technologies Inc. has laid off 13 per cent of its employees as market conditions rock the technology […]

Canadian home sales, prices fall for second consecutive month in May as ‘new interest-rate reality’ sinks inCanadian home prices and sales dropped in May in a second straight month, as […]

Heat, humidity kill at least 2,000 Kansas cattle, state saysExtreme heat and humidity killed thousands of cattle in Kansas in recent days.The deaths add pain to the U.S. cattle industry […]

Bank of England set for fifth straight rate hike as growth and the pound wobbleAt its May meeting, the Bank raised its base rate by 25 basis points to 1%, […]

Fed raises interest rate by 75-basis points in historic move to fight inflationThe Federal Reserve on Wednesday raised its benchmark interest rate by 75-basis points for the first time in […]

Bitcoin plunges below $23,000 as the crypto meltdown continuesBitcoin and other cryptocurrencies continued to slide Tuesday as investors bailed out of risky assets in anticipation of sharp rises in interest rates to […]

At the open: TSX rebounds after dropping into correction territory in Monday’s rout (June 14, 2022)U.S. Treasury yields held near multi-year highs on Tuesday, while stock markets reeled from the […]

Wholesale inflation climbs 10.8% in May, hovering near 40-year highhttps://www.foxbusiness.com/economy/wholesale-inflation-climbs-in-may-remaining-near-40-year-high