Moody’s Investors Service lowered its ratings outlook on the United States’ government to negative from stable, pointing to rising risks to the nation’s fiscal strength. The ratings agency has affirmed […]
Category: Uncategorized
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House Republicans unveil their plan to avert a government shutdown next week
WASHINGTON — House Republicans on Saturday unveiled their stopgap funding bill to avert a government shutdown set to begin next weekend. But with just five legislative days left until the […]
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Dow leaps nearly 400 points Friday, major averages notch a second week of gains: Live updates
UPDATED FRI, NOV 10 20234:42 PM EST Stocks rallied Friday, recovering the ground lost in the previous session, as Treasury yields stabilized. The Dow Jones Industrial Average advanced 391.16 points, or 1.15% […]
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Suncor Energy reports third quarter profit of $1.54 billion
Suncor Energy Inc. says it earned a profit of $1.54 billion in the third quarter of 2023, compared to a net loss of $609 million in the prior year’s quarter. […]
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Economic Calendar: Nov 13 – Nov 17
Monday November 13 Canada’s Remembrance Day (stock markets open, bond markets closed) China’s aggregate yuan financing, new loans and money supply Japan machine tool orders (2 p.m. ET) U.S. budget […]
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Gold Set For Weekly Loss On Rate Hike Worries
Published: 11/10/2023 4:59 AM ET Gold prices eased on Friday and were set for weekly losses of about 2 percent after a string of hawkish comments from Fed, ECB and BoE […]
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Saputo sees earnings rise to $156 million in second quarter
Saputo Inc. says it earned $156 million in its second quarter, up from $145 million a year earlier. The Montreal-based company says revenues for the quarter ended Sept. 30 were […]
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Linamar reports net income of $146.7 million in third quarter
Linamar Corp. says it sales and income got a boost in the third quarter thanks in part to its diversification efforts away from contracts reliant on gasoline-powered vehicles. Sales were […]
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U.S. consumer sentiment drops again in November, inflation expectations climb
U.S. consumer sentiment fell for a fourth straight month in November, and households’ expectations for inflation rose again, with their medium-term outlook for price pressures shooting to the highest in […]