Published: 10/17/2024 6:00 PM ET | The Canadian market climbed to a fresh record high on Thursday with stocks from materials and energy sectors moving higher on firm commodity prices. A rate cut […]
Author: Consultant
Royal Bank of Canada announces NVCC AT1 Limited Recourse Capital Notes issue
TORONTO, Oct. 17, 2024 /CNW/ – Royal Bank of Canada (TSX: RY) (NYSE: RY) today announced the offering of US$1.0 billion of non-viability contingent capital (NVCC) Additional Tier 1 (AT1) Limited Recourse Capital Notes, Series 5 (the […]
Making Money with Charles Payne
https://www.foxbusiness.com/shows/making-money-with-charles-payne
Can the U.S. stock market keep going up? Market watchers think so.
Stocks have climbed since the Federal Reserve lowered interest rates a month ago, with investors betting that it marked the beginning of a series of cuts that will offer a […]
Inflation falls to 1.6%, making a case for larger Bank of Canada rate cut
Canada’s inflation rate dropped below 2 per cent in September for the first time in more than three years, the latest sign of price stability that potentially tips the Bank […]
U.S. crude oil on pace to eke out second weekly gain on Middle East war risk
Oil prices have gained more than 10% through Thursday’s close since Iran hit Israel with ballistic missiles last week. The rally has eased, however, amid uncertainty over how Israel will […]
TD Bank pleads guilty in money laundering case, will pay $3 billion in penalties
TD Bank pleaded guilty in a criminal money laundering case and agreed to pay a whopping $3 billion in fines and other penalties to the Department of Justice and federal […]
Wholesale prices were flat in September, below expectations
The producer price index was flat for the month and up 1.8% from a year ago. Economists surveyed by Dow Jones had been looking for a monthly gain of 0.1%. […]
Hiring rebounds in September, lowering odds of larger Bank of Canada rate cut
Canadian employment rebounded in September and the unemployment rate ticked lower, forcing investors to trim their bets that the Bank of Canada will deliver a larger interest-rate cut later this […]