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 […]
Author: Consultant
Bitcoin plunges below $23,000 as the crypto meltdown continues
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)
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 high
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
Stocks sink, S&P enters bear market inflation, Fed meeting this week: LIVE UPDATES
Stocks sink, S&P enters bear market inflation, Fed meeting this week: LIVE UPDATES (June 13)https://www.foxbusiness.com/live-news/stocks-today-6-13-2022
Nearly 1 in 4 homeowners would have to sell their home if interest rates rise more: survey
Nearly 1 in 4 homeowners would have to sell their home if interest rates rise more: surveyNearly one in four homeowners say they will have to sell their home if […]
Bitcoin plunges as crypto company Celsius Network freezes customer withdrawals, transfers
Bitcoin plunges as crypto company Celsius Network freezes customer withdrawals, transfersCelsius Network, which touted itself as the “world’s leading crypto earning and lending platform,” is freezing all withdrawals and transfers […]
‘We’re playing offence now’: Saputo planning more price hikes as profits slump
‘We’re playing offence now’: Saputo planning more price hikes as profits slumpDairy giant Saputo Inc. is planning another round of price hikes on grocers and restaurants in an attempt to […]
Bank of Canada says some Canadians could see mortgage payments jump by 45% in 2025-26 as rates rise
BOC Mortgage RatesOTTAWA — Some Canadians who took out mortgages in 2020-21 could see their monthly payments jump by as much as 45 per cent in 2025-26, given rising rates, […]