BRP Inc.DOO-T -0.83%decreaseDOO-T -0.83%decrease has deeply slashed its profit forecast for the year as the Canadian maker of Ski-Doo snowmobiles and Can-Am off-road vehicles grapples with softer consumer demand and heightened competition.Its shares […]
Author: Consultant
U.S. private payrolls rose more than expected in September
U.S. private payrolls increased more than expected in September, further evidence that labour market conditions were not deteriorating.Private payrolls increased by 143,000 jobs last month after rising by an upwardly […]
Oct 2, 2024 – At the open: Energy stocks push TSX higher as oil prices jump with escalating conflict in the Middle East
Canada’s main stock index opened higher on Wednesday, tracking the heavyweight energy sector as escalating conflict in the Middle East pushed oil prices higher.At 9:31 a.m. ET, the Toronto Stock […]
Iran has launched missiles toward Israel, the Israeli military says
https://www.cnn.com/world/live-news/israel-lebanon-war-hezbollah-10-1-24-intl-hnk/index.html
Economic Calendar: Sept 30 – Oct 4, 2024
Monday September 30China PMI and current account surplusJapan industrial production and retail salesCanada’s National Day for Truth and Reconciliation (stock markets open; bond markets closed)(9:45 a.m. ET) U.S. Chicago PMI […]
US: Inflation measure closely watched by the Fed fell to 2.2% in August
An inflation gauge closely watched by Federal Reserve policymakers continued to slow in August as the pace of price growth trended closer to the Fed’s target.The Commerce Department reported Friday that the […]
Sputtering Canadian economy fuels calls for big rate cut
Canada’s gross domestic product expanded at a faster-than-expected 0.2 per cent rate in July, but an advance estimate indicated that growth likely stalled in August, data showed on Friday, bolstering […]
U.S. economy grew at a solid 3% rate last quarter, government says in final estimate
The American economy expanded at a healthy 3 per cent annual pace from April through June, boosted by strong consumer spending and business investment, the government said Thursday, leaving its […]
U.S. oil inventories fall more than forecast, crude at 2½-year low: EIA
U.S. oil inventories fell across the board last week, the Energy Information Administration said on Wednesday, drawing down more than expected and with crude oil stockpiles hitting their lowest level […]