Latest News
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Consumer Discretionary Index ($TTCD)
Summary Five-Day Movement Period TTCD direction Main explanation Monday, July 13 Downward pressure Profit-taking after the previous Friday’s strong rally; renewed U.S.–Iran tensions lifted oil prices and bond yields Tuesday, July 14 Mixed/soft Inflation uncertainty…
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Police say Canadian woman slapped teen over Trump and ICE clothing before ICE detained her
A Canadian woman living in New Jersey is now facing charges after being accused of attacking a teen wearing pants that displayed “Trump” and “ICE” on the boardwalk. According to a report from NJ.com, Kaitlyn E. Tracey,…
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The Bank of Canada faces a growing credibility challenge
In a world increasingly characterized by economic shocks and diminishing trust in public institutions, the Bank of Canada faces a growing credibility challenge: Maintain public trust as inflation is increasingly shaped by forces monetary policy cannot control.…
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July 15: Bank of Canada keeps interest rate unchanged at 2.25% for sixth consecutive time
The Bank of Canada kept its benchmark interest rate at 2.25 per cent for the sixth consecutive time amid oil price volatility and improving domestic data. The bank said it expects inflation to decline in the coming…
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U.S. consumer inflation slowed in June as gasoline prices retreated
U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, while underlying price pressures also cooled more than expected. Prices dropped 0.4 per cent from…
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Jul 13 20262:59 PM EDT
Stocks drop after Trump reimposes Strait of Hormuz blockade, SK Hynix leads chip stocks lower: Live updates Stocks fell on Monday after President Donald Trump announced he was reinstating what he called a blockade on Iranian shipping…
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TSX Event Watch — July 13:
(1) Oil, yields and technology under pressure Executive summary • Confirmed: Brent crude was up about 3.1% at US$78.40 and WTI about 3.0% at US$73.58 after renewed U.S.–Iran strikes.• Confirmed: Iran claimed the Strait of…
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Study says 40% of Canadian businesses looking to relocate to U.S.
A new study by KPMG found that 40% or manufacturers in Canada have moved production south of the border or are considering the idea as they adapt to trade uncertainty and competitive pressure. “Manufacturers have shown incredible…
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Canada’s labour market enters ‘new phase’ of near-zero job growth
Job growth in Canada could almost flatline and it still wouldn’t affect the national unemployment rate because of population declines, though the story differs on a province-by-province basis, says Toronto-Dominion Bank. “Canada’s job market is entering a…