Top Republican officials at the U.S. Securities and Exchange Commission are poised to begin overhauling the agency’s cryptocurrency policies potentially as early as next week when President-elect Donald Trump takes […]
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JPMorgan Chase posts record profit as the bank’s massive scale pays off
JPMorgan Chase on Wednesday topped estimates for fourth-quarter revenue and profit. The bank was helped by better-than-expected net interest income and fixed income trading and investment banking results. Profit rose […]
USA: Here’s the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024. That’s up from 2.7% in November. Energy, food, new and used vehicles, car insurance […]
Calendar: Jan 13 – Jan 17 2025
Monday January 13Japanese markets closedChina aggregate yuan financing, new yuan loans and trade surplus(2 p.m. ET) U.S. budget balance for December.Earnings include: Cogeco Inc.; Cogeco Communications Inc.—Tuesday January 14Japan bank […]
U.S. job growth tops expectations in December; unemployment rate falls to 4.1%
U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1 per cent as the labour market ended the year on a solid footing, reinforcing the Federal […]
Oil jumps more than 3% on concerns over more sanctions on Russia
Oil prices surged on Friday and were on track for a third straight week of gains as traders focused on potential supply disruptions from more sanctions on Russia.Brent crude futures […]
Canada gains more jobs than forecast in December; unemployment rate takes surprise dip to 6.7%
Canada’s economy added nearly quadruple the number of jobs forecasted for December and the unemployment rate surprisingly ticked down to 6.7 per cent, data showed on Friday, giving the central […]
Aritzia Reports Third Quarter Fiscal 2025 Financial Results
For Q3 2025, compared to Q3 20241:Net revenue increased 11.5% to $728.7 million, with comparable sales2 growth of 6.6% United States net revenue increased 23.6% to $403.7 million, comprising 55.4% of net revenue Retail net revenue increased […]
Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025
Microsoft expects to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post. Over […]