Oil prices rose on Friday to their highest in over half a year and snapped a two-week losing streak, buoyed by expectations of tightening supplies.Saudi Arabia is widely expected to […]
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Gold Inches Higher On Dollar Weakness
Published: 9/1/2023 5:39 AM ETGold inched higher on Friday and was on track for a weekly gain, as the dollar weakened and bond yields dipped on growing expectations that the Federal […]
‘Rate hikes are over and done’: How today’s GDP surprise has shifted the views of economists and markets
OPINIONWeaker-than-expected second-quarter gross domestic product data this morning has money markets pricing in stronger odds that the Bank of Canada is done hiking rates for this economic cycle.Canada’s economy unexpectedly contracted in […]
US economy adds 187,000 jobs in August while unemployment rate unexpectedly jumps
US economy adds 187,000 jobs in August while unemployment rate unexpectedly jumps | Fox Business
Canadian Imperial Bank: Fiscal Q3 Earnings Snapshot
Canadian Imperial Bank of Commerce (CM) on Thursday reported fiscal third-quarter earnings of $1.06 billion.The bank, based in Toronto, said it had earnings of $1.10 per share. Earnings, adjusted for […]
National Bank Q3 profit edges higher, provision for credit losses also up
National Bank of Canada reported its third-quarter profit edged higher compared with a year ago even as the money it set aside for bad loans in the quarter also rose. […]
Scotiabank Reports Q3 Profit Down, Provision For Credit Losses Up
Scotiabank reported that its third-quarter profit fell compared with a year ago as its provision for credit losses nearly doubled. The bank says its net income amounted to $2.21 billion, […]
BMO Financial Group Reports $1.45B Q3 Profit, Up From $1.37B A Year Earlier
BMO Financial Group reported its third-quarter profit edged higher compared with a year ago even as the amount it set aside for bad loans grew. The bank says it earned […]
Asian Shares Advance As China Unveils Steps To Boost Market
Published: 8/28/2023 4:37 AM ETAsian shares advanced on Monday as investors cheered China’s stimulus to ease market unrest and drive economic growth. Chinese authorities announced a slew of measures over the […]