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Debt ceiling bill faces a tough path in the House as GOP opposition grows
The compromise bill to raise the debt ceiling faces its first major test in the 13-member House Rules Committee. Two of the panel’s nine Republicans have signaled they will oppose […] This post is only…
Saudi diesel imports from Russia, exports to Singapore hit records
Leading crude exporter Saudi Arabia is maximizing refining profits by importing unprecedented amounts of cheap Russian diesel and in turn shipping record volumes to Singapore, where the fuel can achieve […] This post is only…
Calendar: May 29 – June 2
Monday May 29U.S. and U.K. markets closedAlso: Alberta election—Tuesday May 30Japan jobless rate(8:30 a.m. ET) Canada’s current account balance for Q1.(9 a.m. ET) U.S. S&P Corelogic Case-Shiller Home Price Index […] This post is only…
Debt ceiling agreement in principle reached between Democrats, Republicans
An agreement in principle has been reached on the debt ceiling, Fox News has learned. According to multiple sources, an all GOP House conference call is scheduled to happen at 9:30 p.m. […] This post is only…
May 26: Oil Futures Settle Higher
Crude oil prices climbed higher on Friday after Russia played down the prospect of additional output cuts by OPEC+.Russian Deputy Prime Minister Alexander Novak said on Thursday that he doesn’t […] This post is only…
George Weston Limited Announces Normal Course Issuer Bid
ORONTO, May 23, 2023 /CNW/ – (TSX: WN) – George Weston Limited (“Weston”) announced today that the Toronto Stock Exchange (“TSX”) has accepted a notice filed by Weston of its intention to make a normal […] This post is only…
May 26: TSX Ends On Firm Note As Technology, Financials Shares Rise
The Canadian market ended on a firm note on Friday, aided by strong gains in technology, consumer discretionary and financials sectors.The mood in the market remained fairly positive amid signs of […] This post is only…
Biden says he’s ‘very optimistic’ about a debt ceiling deal
President Joe Biden said negotiators were “very close” to a compromise agreement Friday evening to raise the debt ceiling. House Republicans appeared on track to win on some top priorities, […] This post is only…
TD Bank Group Reports Second Quarter 2023 Results
SECOND QUARTER FINANCIAL HIGHLIGHTS, compared with the second quarter last year:Reported diluted earnings per share were $1.72, compared with $2.07. Adjusted diluted earnings per share were $1.94, compared with $2.02. Reported net income was $3,351 […] This post is only…