Wholesale inflation climbs 10.8% in May, hovering near 40-year highhttps://www.foxbusiness.com/economy/wholesale-inflation-climbs-in-may-remaining-near-40-year-high
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Stocks sink, S&P enters bear market inflation, Fed meeting this week: LIVE UPDATES
Stocks sink, S&P enters bear market inflation, Fed meeting this week: LIVE UPDATES (June 13)https://www.foxbusiness.com/live-news/stocks-today-6-13-2022
Nearly 1 in 4 homeowners would have to sell their home if interest rates rise more: survey
Nearly 1 in 4 homeowners would have to sell their home if interest rates rise more: surveyNearly one in four homeowners say they will have to sell their home if […]
Bitcoin plunges as crypto company Celsius Network freezes customer withdrawals, transfers
Bitcoin plunges as crypto company Celsius Network freezes customer withdrawals, transfersCelsius Network, which touted itself as the “world’s leading crypto earning and lending platform,” is freezing all withdrawals and transfers […]
‘We’re playing offence now’: Saputo planning more price hikes as profits slump
‘We’re playing offence now’: Saputo planning more price hikes as profits slumpDairy giant Saputo Inc. is planning another round of price hikes on grocers and restaurants in an attempt to […]
Bank of Canada says some Canadians could see mortgage payments jump by 45% in 2025-26 as rates rise
BOC Mortgage RatesOTTAWA — Some Canadians who took out mortgages in 2020-21 could see their monthly payments jump by as much as 45 per cent in 2025-26, given rising rates, […]
Calendar: What investors need to know for the week ahead (June 13)
Economic Calendar (June 9)===Monday June 13(8:30 a.m. ET) Canada’s construction investment for April(8:30 a.m. ET) Canada’s national balance sheet accounts for Q1.Earnings include: Oracle Corp.==Tuesday June 14(8:30 a.m. ET) Canadian […]
BMO sees major investment opportunity as Canada ramps up LNG production
BMO sees major investment opportunity as Canada ramps up LNG productionThe research team at Citi tracks more than 80 global investment themes. The performance tracking for May found some obvious […]
Strong inflation, anxious consumers add up to more worries that recession has already arrived
Strong inflation, anxious consumers add up to more worries that recession has already arrivedReports Friday showing blistering inflation and historic lows in consumer sentiment painted an increasingly dark economic picture.A […]