The compromise bill to raise the debt ceiling passed its first major test in the 13-member House Rules Committee. A key Republican swing vote, Rep. Tom Massie, supported the bill, […]
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May 30 The close: TSX hits two-month low as energy leads broad-based selloff
Canada’s main stock index slid on Tuesday to its lowest closing level in two months, with the energy sector among the biggest decliners in a broad-based slide as oil prices […]
May 30: TSX Sheds 1.1% As Stocks Fall On Growth Concerns
The Canadian market ended notably lower on Tuesday due to widespread selling amid concerns about economic slowdown.Investors also weighed the prospects of the debt ceiling deal getting the nod from […]
What have OPEC+ producers said ahead of June’s oil policy meeting?
Mixed signals by major OPEC producers and their main allies have sparked volatility in oil prices ahead of an OPEC+ oil policy meeting set to take place this weekend.Brent crude […]
Debt ceiling bill faces a tough path in the House as GOP opposition grows
The compromise bill to raise the debt ceiling faces its first major test in the 13-member House Rules Committee. Two of the panel’s nine Republicans have signaled they will oppose […]
Saudi diesel imports from Russia, exports to Singapore hit records
Leading crude exporter Saudi Arabia is maximizing refining profits by importing unprecedented amounts of cheap Russian diesel and in turn shipping record volumes to Singapore, where the fuel can achieve […]
Calendar: May 29 – June 2
Monday May 29U.S. and U.K. markets closedAlso: Alberta election—Tuesday May 30Japan jobless rate(8:30 a.m. ET) Canada’s current account balance for Q1.(9 a.m. ET) U.S. S&P Corelogic Case-Shiller Home Price Index […]
Debt ceiling agreement in principle reached between Democrats, Republicans
An agreement in principle has been reached on the debt ceiling, Fox News has learned. According to multiple sources, an all GOP House conference call is scheduled to happen at 9:30 p.m. […]
May 26: Oil Futures Settle Higher
Crude oil prices climbed higher on Friday after Russia played down the prospect of additional output cuts by OPEC+.Russian Deputy Prime Minister Alexander Novak said on Thursday that he doesn’t […]