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Breaking News: Latest Information That Impacts the Stock Market
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Teck cuts copper forecast as it experiences more bumps with QB2 mine ramp-up
Teck Resources Ltd. is cutting its copper production forecast and hiking its costs just weeks after the Canadian miner’s focus…
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Rogers Communications’ Q2 profit up amid lower restructuring costs from Shaw merger
Rogers Communications Inc. reported its second-quarter profit rose to $394 million from $109 million a year ago, in part due…
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Bank of Canada cuts key rate to 4.5%
The Bank of Canada lowered its benchmark interest rate for the second consecutive time on Wednesday and said that it…
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CN Rail lowers 2024 earnings forecast due to strike uncertainty
Canadian National Railway Co. says it earned $1.11 billion in the second quarter, though it lowered its forecast for earnings…
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China Lowers Policy Rates To Prop Up Growth
By Renju Jaya ✉ | Published: 7/22/2024 2:07 AM ET | China lowered its short-term policy rate as well as benchmark lending rates on Monday,…
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Calendar: July 22 – July 16
Monday July 22 Earnings include: Cleveland-Cliffs, Verizon, Nucor Tuesday July 23 Euro area consumer confidence 830 am ET: Canada new…
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U.S. weekly unemployment claims increase more than expected, but no material shift in labour market
The number of Americans filing new applications for unemployment benefits rose more than expected last week, but there has been…
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U.S. crude stockpiles fall sharply, fuel builds: EIA
U.S. crude oil stockpiles last week fell more than expected, while gasoline and distillate inventories rose, the Energy Information Administration…
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Canada’s inflation rate eases more than expected in June to 2.7%, raising bets of July rate cut
Canada’s annual inflation rate cooled more than expected to 2.7% in June, largely due to softer growth in gas prices,…