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Citing continued evidence that underlying inflation is easing, the Bank of Canada on Wednesday announced it has decided to lower interest rates by 25 basis points.The Bank of Canada reduced […] This post is only…

U.S. private payrolls increased less than expected in May while data for the prior month was revised lower, a report showed on Wednesday.Private payrolls increased by 152,000 jobs last month […] This post is only…

The Canadian market tumbled Tuesday morning on heavy selling in materials and energy stocks, and despite regaining some lost ground subsequently, ended the day’s session notably lower.Investors looked ahead to […] This post is only…

U.S. crude oil has erased most gains for the year and is now up just under 2% in 2024. In a surprise move, eight OPEC+ producers laid out a plan […] This post is only…

The influential Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, on Sunday agreed to extend their official crude output cuts into 2025, also stretching two […] This post is only…

Canada’s economy grew at a slower pace in the first quarter of the year than economists and the Bank of Canada expected, increasing the possibility that the central bank will […] This post is only…

Monday June 3China PMIJapan manufacturing PMI and capital spending(9:30 a.m. ET) Canada’s S&P manufacturing PMI for May.(9:45 a.m. ET) U.S. S&P manufacturing PMI for May.(10 a.m. ET) U.S. ISM manufacturing […] This post is only…

Oil prices fell on Friday, extending losses to a third straight day, amid concerns about the outlook for demand. Expectations of interest rate cuts by central banks, and hopes that […] This post is only…

CWB Financial Group CWB-T +1.38%increase raised its quarterly dividend to 35 cents per common share, up one cent from its previous quarter, as it reported its second-quarter profit rose compared with a year […] This post is only…