UPDATED WED, MAY 17 2023 7:08 AM EDT Stock futures rose Wednesday as investors awaited news of developments in the negotiations between congressional leaders and President Joe Biden on the […]
Category: Uncategorized
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Canada ‘extremely concerned’ about fate of Line 5 pipeline in Wisconsin, embassy says
Canada is “extremely concerned” about the potential fate of the Line 5 pipeline, emissaries warned Tuesday in advance of a Wisconsin court hearing that threatens to shut down what they […]
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Inflation ticks higher in April, testing Bank of Canada rate pause
Canada’s annual inflation rate ticked higher in April, a surprise acceleration that shows the road back to price stability could be long and bumpy. The Consumer Price Index rose 4.4 […]
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Home Depot hits the brakes:
Three-year robust sales run ends amid pull back on home improvements Home Depot couldn’t keep its protracted robust sales streak going any longer. The home improvement chain reported a dismal […]
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Stellantis halts battery plant construction over dispute with Canadian government
Automaker Stellantis has stopped all construction at a more-than C$5 billion ($3.74 billion) electric vehicles battery manufacturing plant in Windsor, Canada, over a disagreement with the federal government about subsidies, a spokesperson […]
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Turkey’s Erdogan faces toughest test yet in landmark election — with high stakes for the world
Turkey’s presidential and parliamentary elections on May 14 could hardly come at a more polarized moment for the country of 85 million. Incumbent President Recep Tayyip Erdogan is in the […]
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Economic Calendar: May 15 – May 19
Monday May 15 Japan machine tool orders Euro zone industrial production (8:15 a.m. ET) Canadian housing starts for April. The Street is projecting an annualized rate increase of 4 per […]
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Oil Futures Settle Lower On Firm Dollar, Demand Concerns
Published: 5/12/2023 3:22 PM ET Crude oil prices fell on Friday on the dollar’s strength and worries about the outlook for energy demand. Fears of the U.S. falling into a recession […]
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TSX Ends Flat After Lackluster Session
Published: 5/12/2023 5:24 PM ET After a slightly positive start, the Canadian market slipped into negative territory around mid morning, and despite losing further ground, recovered to end with a small […]