Monday December 11China CPI, PPI, aggregate yuan financing, new yuan loans and money supplyJapan machine tool ordersEarnings include: Caseys General Stores Inc.; Mainstreet Equity Corp.—Tuesday December 12(6 a.m. ET) U.S. […]
Author: Consultant
The US economy added 199,000 jobs in November
The US economy notched another solid month of job growth, with an added lift from actors and autoworkers coming off the picket lines.Employers added 199,000 jobs in November, and the unemployment rate […]
Russia, Saudi Arabia urge all OPEC+ countries to join group’s agreement on output cuts
Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman have urged all OPEC+ countries to join the group’s agreement on output cuts, saying it would serve the interests […]
CN announces deal to acquire Iowa Northern Railway
Canadian National Railway Co. CNR-T +0.47%increasesays it’s acquiring Iowa Northern Railway, pending regulatory review.In a press release Thursday evening, CN says it has signed and closed an agreement to acquire the railway, […]
Bank of Canada holds key interest rate steady at 5% in final decision of 2023. Here’s what’s next
The Bank of Canada held its policy rate steady at 5 per cent for the third consecutive decision and warned that it could raise rates again. It said monetary policy is working […]
Oil steady as markets weigh OPEC+ cuts against Chinese demand concerns
Oil prices were steady on Wednesday, as investors weighed the effectiveness of an extension in OPEC+ cuts in tightening supply against a worsening demand outlook in China.Brent crude futures fell […]
Canada’s financial intel agency imposes $7.4-million penalty on RBC
Canada’s financial intelligence agency has levied a $7.4-million penalty against the Royal Bank of Canada RY-T +0.59%increase for non-compliance with anti-money laundering and terrorist financing measures.The Financial Transactions and Reports Analysis Centre of […]
OPINION:
David Rosenberg: Canada is in economic decay. Prepare for BoC rate cuts and big returns in this asset class.There may be lies, damned lies, and statistics as Mark Twain posited. […]
AltaGas to raise quarterly dividend for 2024 as company expects earnings to grow
AltaGas Ltd. ALA-T +0.51%increase is raising its dividend as it says it expects its earnings to grow next year, helped by its core operations.The energy infrastructure company says it will pay a quarterly […]