Tourmaline Oil Corp. TOU-T has been hit hard since the start of November, as natural gas prices tumbled at the prospect of an unusually warm winter. But if gas prices are now […]
Author: Consultant
Gold Futures Settle Higher After Back-to-back Losses
Published: 1/18/2024 2:06 PM ET | Gold futures settled higher on Thursday as the dollar stayed a bit subdued and Treasury yields dipped after climbing up on Wednesday on rate outlook jitters.The dollar […]
Oil Settles Sharply Higher On Drop In Crude Stocks, Bullish Demand Forecast
Published: 1/18/2024 3:11 PM ET | Oil prices climbed higher on Thursday, lifted by data showing a drop in U.S. crude inventories in the week ended January 12th, and on higher forecasts for […]
U.S. weekly unemployment claims fall to 16-month low; homebuilding takes breather
The number of Americans filing new claims for unemployment benefits fell last week to the lowest level in nearly 1-1/2 years, suggesting job growth likely remained solid in January.The unexpected […]
Burger King owner Restaurant Brands buys chain’s largest U.S. franchisee
Restaurant Brands International will spend about $1 billion to buy the largest U.S. franchisee of Burger King. The acquisition comes more than a year after Restaurant Brands unveiled its turnaround […]
Red Sea risk to oil ‘very real,’ prices could change rapidly if supply disrupted, Chevron CEO says
“It’s a very serious situation and seems to be getting worse,” Chevron CEO Michael Wirth said of the crisis in the Red Sea. Wirth said he was surprised that U.S. […]
Jan 16 – The close: Stocks fall as Boeing tumbles 8% and Canadian core CPI hotter than expected
U.S. stocks ended lower on Tuesday after mixed earnings from Morgan Stanley and Goldman Sachs pressured banks, and as sell-offs in Boeing and Apple weighed on the S&P 500. The […]
Canada’s inflation rate ticked up to 3.4% in December. Here’s what happens next
Canada’s annual inflation rate rose to 3.4 per cent in December, up from 3.1 per cent in November, Statistics Canada said Tuesday – matching financial analysts’ expectations.The Bank of Canada […]
Jan 16: At midday: TSX drops amid broad selloff after CPI data disappoints
Canada’s main stock index fell on Tuesday, led by losses in the resource sectors, while investors were disappointed that core inflation rose more than expected in December ahead of next week’s interest […]