The Federal Reserve sent a tepid signal that it is done raising interest rates but made it clear that it is not ready to start cutting. The Federal Open Market […]
Author: Consultant
Grocery and drugstore retailer Metro reports $228.5M Q1 profit, raises dividend
Metro Inc. reported a first-quarter profit of $228.5 million as its sales gained 6.5 per cent and raised its dividend.The grocery and drugstore retailer says it will pay a quarterly […]
CN Rail revenues and efficiency slip, but CEO predicts growth
Canadian National Railway Co. saw revenues slide slightly in its fourth quarter due to lower grain and container shipments, even as the company shored up parts of its operations.The railroad […]
China sends several warplanes, navy ships toward Taiwan after US-China talks
Taiwan’s defense ministry announced on Saturday that over 30 Chinese warplanes were headed toward its country, in addition to navy ships.Thirty-three aircraft were sent by the Chinese People’s Liberation Army from 6 […]
Economic Calendar: Jan 29 – Feb 2
Monday Jan. 29China industrial profits(10:30 a.m. ET) U.S. Dallas Fed Manufacturing Activity for January.Earnings include: Celestica Inc.; Nucor Corp.—Tuesday Jan. 30Japan jobless rateEuro zone GDP, economic and consumer confidence(9 a.m. […]
TOURMALINE PROVIDES EP ACTIVITY UPDATE AND ANNOUNCES TWO ADDITIONAL LNG AGREEMENTS
https://www.newswire.ca/news-releases/tourmaline-provides-ep-activity-update-and-announces-two-additional-lng-agreements-814860389.html
Canadian energy producers dismayed by Biden’s move to pause U.S. LNG approvals
Canada’s energy industry is reacting with dismay to U.S. President Joe Biden’s move to pause approvals of new liquefied natural gas export terminals in that country.The Canadian Association of Petroleum […]
Fed’s favorite inflation gauge rose 0.2% in December and was up 2.9% from a year ago
The core personal consumption expenditures price index for December, an important gauge for the Federal Reserve, increased 0.2% on the month and was up 2.9% on a yearly basis. Including […]
The close: GDP report propels S&P 500 to another record even as Tesla tumbles; TSX at 20-month high
The S&P 500 closed at an all-time high for a fifth straight session on Thursday after data showing strong U.S. economic growth in the fourth quarter boosted sentiment, while Tesla […]