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Gold Futures Settle Modestly Higher
Published: 9/22/2023 2:56 PM ETGold futures settled modestly higher on Friday even as the dollar stayed firm amid bets the Federal Reserve will keep rates higher for longer to combat inflation.Gold […] This post is only…
Magna joint venture in Michigan lays off 650 workers as UAW strike widens
A Magna International Inc. joint venture in Michigan has laid off 650 employees as the automotive industry braces for widening strikes by the United Auto Workers union in the United […] This post is only…
TSX Sheds 2.1% As Stocks Tumble On Concerns Over Inflation, Interest Rates
Published: 9/21/2023 7:25 PM ETThe Canadian stock market suffered one of its worst setback in recent months on Thursday as worries about, inflation, interest rates and outlook for economic growth weighed […] This post is only…
Canada-India dispute the latest blow to strained economic ties
The last time Canada found itself in a tense geopolitical faceoff with an Asian economic powerhouse, it enjoyed ready support from allies in the U.S., Britain and Europe against China’s […] This post is only…
Canadian autoworkers union reaches tentative labor deal with Ford, averting strike
The union representing Canadian autoworkers at Ford has reached a tentative deal with the US automaker, keeping more than 5,000 union members on the job and providing some good news […] This post is only…
TSX Down Sharply As Inflation Data Weighs
Published: 9/19/2023 2:45 PM ETThe Canadian market is down sharply on Tuesday due to widespread selling after data showing an acceleration in consumer price inflation raised concerns about interest rate hikes.Data […] This post is only…
Canada’s inflation rate rises to 4% in August, putting pressure on BoC
Canada’s annual inflation rate accelerated for the second month in a row, increasing pressure on the Bank of Canada to raise interest rates again shortly after it announced its second […] This post is only…
Gold Futures Settle Higher As Dollar Weakens Ahead Of Fed Policy Meeting
Published: 9/18/2023 1:57 PM ETGold futures settled higher on Monday as the dollar shed ground ahead of the Federal Reserve’s monetary policy meeting.The Fed, which is scheduled to announce its rate […] This post is only…
Oil prices rise on supply deficit concerns
Oil prices rose on Tuesday for a fourth consecutive session as weak U.S. shale output spurred further concerns about a supply deficit stemming from extended production cuts by Saudi Arabia […] This post is only…