Oil prices were steady on Thursday, shored up by concerns about lower supply as major producers keep output cuts in place and on signs of stronger economic growth in the […]
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Dollarama reports 24% profit boost in fourth quarter, hikes dividend
Dollarama Inc.DOL-T -1.40%decrease reported a 24-per-cent increase in profit in the fourth quarter, as Canadians feeling the sting of inflation continue to visit discount retailers to purchase everyday needs such as food, […]
Canada’s services PMI fell in March as downturn deepened
The downturn in Canada’s services sector deepened in March as higher prices and elevated borrowing costs crimped customer demand but firms remained confident that better times lie ahead, S&P Global […]
Powell says Fed still sees rate cuts this year, election timing won’t affect decision
Federal Reserve officials will likely reduce their benchmark interest rate later this year, chair Jerome Powell said Wednesday, despite recent reports showing the U.S. economy is still strong and that […]
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Oil prices edge lower after booking strong first quarter
Crude oil futures ticked slightly lower Monday, taking a breather after a strong first quarter.The West Texas Intermediate contract for May delivery lost 33 cents, or 0.4%, to $82.84 a barrel on […]
Gold prices hit another record high after fresh U.S. data spurs Fed cut expectations
Gold prices scaled to another record high Monday, propelled by U.S. interest rate cut expectations and the metal’s appeal as a safe haven asset. Market watchers are expecting the U.S. […]
Mar 27, 2024: TSX Ends On Strong Note
ublished: 3/27/2024 4:51 PM ET | The Canadian market ended on a firm note on Wednesday thanks to sustained buying at several counters in healthcare and materials sectors. Real estate, consumer discretionary, utilities, […]
Dow surges more than 450 points, S&P 500 closes at a fresh record: Live updates (Mar 28)
The S&P 500 rose Wednesday, closing at a record as the index heads for its best first quarter since 2019.The broader market index gained 0.86% to close at 5,248.49, while the Dow Jones […]