Quebec pension fund manager Caisse loses $33.6-billion in first half of 2022 Roiling world markets have taken their toll on Caisse de dépôt et placement du Québec, as the pension […]
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Trudeau celebrates Canadian windfall from Biden signing Inflation Reduction Act
Trudeau celebrates Canadian windfall from Biden signing Inflation Reduction Act Canadian Prime Minister Justin Trudeau took to social media to celebrate President Biden signing the Inflation Reduction Act, boasting that the American […]
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U.S. retail sales were flat in July as inflation takes a toll
U.S. retail sales were flat in July as inflation takes a toll The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest […]
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Target’s earnings take a huge hit as retailer sells off unwanted inventory
Target’s earnings take a huge hit as retailer sells off unwanted inventory https://www.cnbc.com/2022/08/17/target-tgt-q2-2022-earnings.html Target’s profit plunged as it slashed prices to clear out a glut of unwanted inventory.The retailer maintained […]
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Canada’s inflation rate slows to 7.6% in July, but more Bank of Canada rate hikes expected
Canada’s inflation rate slows to 7.6% in July, but more Bank of Canada rate hikes expected Canadian inflation slowed in July as consumers paid much less for gasoline, marking what could be […]
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At midday: TSX hits near 10-week high on boost from financials
Aug 16: At midday: TSX hits near 10-week high on boost from financials Canada’s main stock index hit a near 10-week high on Tuesday, boosted by financial stocks after data […]
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Walmart is a top US inflation gauge
Walmart is a top US inflation gauge As the nation’s biggest retailer and employer, Walmart is considered one of the best inflation gauges out there — and investors will be […]
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China’s consumer and factory data miss expectations in July
China’s consumer and factory data miss expectations in July Retail sales grew by 2.7% in July from a year ago, the National Bureau of Statistics said Monday. That’s well below […]
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China unexpectedly cuts key rates as economic data disappoints
China unexpectedly cuts key rates as economic data disappoints China’s central bank cut key lending rates in a surprise move on Monday to revive demand as data showed the economy […]