Latest News
Trump’s new SEC leadership poised to kick start crypto overhaul
Top Republican officials at the U.S. Securities and Exchange Commission are poised to begin overhauling the agency’s cryptocurrency policies potentially as early as next week when President-elect Donald Trump takes […] This post is only…
JPMorgan Chase posts record profit as the bank’s massive scale pays off
JPMorgan Chase on Wednesday topped estimates for fourth-quarter revenue and profit. The bank was helped by better-than-expected net interest income and fixed income trading and investment banking results. Profit rose […] This post is only…
USA: Here’s the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024. That’s up from 2.7% in November. Energy, food, new and used vehicles, car insurance […] This post is only…
Calendar: Jan 13 – Jan 17 2025
Monday January 13Japanese markets closedChina aggregate yuan financing, new yuan loans and trade surplus(2 p.m. ET) U.S. budget balance for December.Earnings include: Cogeco Inc.; Cogeco Communications Inc.—Tuesday January 14Japan bank […] This post is only…
U.S. job growth tops expectations in December; unemployment rate falls to 4.1%
U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1 per cent as the labour market ended the year on a solid footing, reinforcing the Federal […] This post is only…
Oil jumps more than 3% on concerns over more sanctions on Russia
Oil prices surged on Friday and were on track for a third straight week of gains as traders focused on potential supply disruptions from more sanctions on Russia.Brent crude futures […] This post is only…
Canada gains more jobs than forecast in December; unemployment rate takes surprise dip to 6.7%
Canada’s economy added nearly quadruple the number of jobs forecasted for December and the unemployment rate surprisingly ticked down to 6.7 per cent, data showed on Friday, giving the central […] This post is only…
Aritzia Reports Third Quarter Fiscal 2025 Financial Results
For Q3 2025, compared to Q3 20241:Net revenue increased 11.5% to $728.7 million, with comparable sales2 growth of 6.6% United States net revenue increased 23.6% to $403.7 million, comprising 55.4% of net revenue Retail net revenue increased […] This post is only…
Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025
Microsoft expects to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post. Over […] This post is only…