Latest News
Oil Rebounds After Inventory Drop
Published: 9/11/2024 5:48 AM ET | Oil prices jumper over 2 percent on Wednesday, after having dropped to near three years lows in the New York session on concerns over a weak demand […] This post is only…
Consumer prices rose 0.2% in August with core inflation higher than expected
Prices increased as expected in August while the annual inflation rate declined to its lowest level since February 2021, according to a Labor Department report Wednesday that sets the stage […] This post is only…
Economic Calendar: Sep 9 – Sep 13
Monday September 9China CPI, PPI, aggregate yuan financing, new yuan losses and trade surplusJapan real GDP and bank lendingGermany retail sales(10 a.m. ET) U.S. wholesale inventories for July.(3 p.m. ET) […] This post is only…
Oil Futures Settle Sharply Lower On Demand Concerns
Published: 9/6/2024 3:13 PM ET | Oil prices fell to an 18-month low of Friday, weighed down persisting concerns about the outlook for oil demand.Data showing a much less than expected increase in […] This post is only…
BRP cuts annual guidance as company reports second-quarter profit, revenue down from year ago
BRP Inc. DOO-T -3.56%decrease reported its second-quarter profit and revenue fell compared with a year ago and cut its guidance for the year as it said it faced a challenging retail environment.The maker […] This post is only…
U.S. job growth misses expectations in August; unemployment rate slips to 4.2%
U.S. employment increased less than expected in August, but a drop in the jobless rate to 4.2 per cent suggested an orderly labour market slowdown continued and probably did not […] This post is only…
Canada’s unemployment rate rises to 6.6% in August amid challenging summer job market
Canada’s unemployment rate continued to trend higher in August – reaching 6.6 per cent – as the job market slowdown hits workers and job seekers unevenly.Statistics Canada’s labour force survey […] This post is only…
Bank of Canada cuts key interest rate to 4.25%, says economic growth needs to pick up
The Bank of Canada lowered its benchmark interest rate for a third consecutive time on Wednesday and reiterated that economic growth needs to pick up so that inflation doesn’t fall too much, […] This post is only…
Sept 3: Major indexes drop on September worries, upcoming data
U.S. and Canadian stocks slumped on Tuesday, at the start of one of the market’s historically worst months, ahead of data likely to influence how much the Federal Reserve will […] This post is only…