Category: Uncategorized

FedEx warning sets stock for worst day, deepens slowdown fearsFedEx Corp.’s FDX-N -21.97%decrease shares tracked their worst day on Friday after the delivery heavyweight pulled its forecast, feeding into fears of a global […]

China’s retail sales, industrial production beat expectations in AugustRetail sales grew by 5.4% in August from a year ago, topping a Reuters forecast for 3.5% growth.Fixed asset investment for the […]

China markets fall despite economic data beating expectations; Chinese yuan weaker than 7 against dollarShares in the Asia-Pacific fell Friday as investors digest U.S. economic data and China’s industrial production […]

Trudeau announces billions in cost-of-living relief, says it won’t fuel inflationPrime Minister Justin Trudeau announced a package of new measures to help Canadians cope with steeply rising prices, as his […]

U.S. lumber industry alleges Canadian softwood producers receiving climate subsidiesA group led by the U.S. Lumber Coalition has fired a new salvo in a long-running trade dispute, alleging that programs […]

Dow tumbles 1,200 points for worst day since June 2020 after hot inflation reportStocks fell sharply on Tuesday after a key August inflation report came in hotter than expected, hurting investor optimism […]

Spreads: A weaker recession clue in CanadaThe Bank of Canada boosted its policy interest rate to 3.25 per cent last week in an effort to tame inflation. The idea being […]

Inflation rose 0.1% in August even with sharp drop in gas pricesThe consumer price index increased 0.1% in August. Excluding food and energy, the inflation gauge rose 0.6%, both higher […]

Justin Trudeau attacks Pierre Poilievre as irresponsible in speech to Liberal caucusPrime Minister Justin Trudeau launched a forceful attack of Pierre Poilievre Monday, describing the new Conservative Leader as an […]