Oil prices were steady on Wednesday, as investors weighed the effectiveness of an extension in OPEC+ cuts in tightening supply against a worsening demand outlook in China. Brent crude futures […]
Category: Uncategorized
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Canada’s financial intel agency imposes $7.4-million penalty on RBC
Canada’s financial intelligence agency has levied a $7.4-million penalty against the Royal Bank of Canada RY-T +0.59%increase for non-compliance with anti-money laundering and terrorist financing measures. The Financial Transactions and Reports Analysis Centre […]
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OPINION:
David Rosenberg: Canada is in economic decay. Prepare for BoC rate cuts and big returns in this asset class. There may be lies, damned lies, and statistics as Mark Twain […]
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AltaGas to raise quarterly dividend for 2024 as company expects earnings to grow
AltaGas Ltd. ALA-T +0.51%increase is raising its dividend as it says it expects its earnings to grow next year, helped by its core operations. The energy infrastructure company says it will pay a […]
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Job openings slide to 8.7 million in October, well below estimate, to lowest level since March 2021
Job openings openings totaled 8.73 million for the month, a decline of 617,000, or 6.6%, the Labor Department reported Tuesday in its monthly JOLTS report. That was the lowest total […]
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Gold soars past $2,100 to new record — and analysts don’t expect it to stop there
Spot gold prices rose to a new record high of $2,110.8 per ounce Monday before giving up some gains. Prices of the yellow metal have risen for two consecutive months […]
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Canada GDP Shrinks 1.1% in 3Q
Dow Jones 30 November, 2023 | 12:23PM OTTAWA–Canada’s economy contracted sharply in the latest quarter, a further sign of lackluster activity that looks set to anchor expectations the central bank […]
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Fed Chair Jerome Powell Calls Rate Cut Speculation ‘Premature’
While forecasts suggest the U.S. central bank could start cutting interest rates as soon as March, Federal Reserve Chair Jerome Powell called such speculation “premature” during remarks at Spelman College […]
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Calendar: Dec 4 – Dec 8
Monday December 4 Germany trade surplus (10 a.m. ET) U.S. factory orders for October. The Street is projecting a decline of 2.7 per cent from September. Earnings include: Nio Inc. […]