Canada’s top two railroads locked out more than 9,000 unionized workers, triggering an unprecedented rail stoppage that could cause billions of dollars worth of economic damage and roil North American […]
Category: Uncategorized
AUG 22: Oil prices steady as U.S. crude draw limits downside
Oil prices were steady on Thursday, after falling for four straight days as investors worried about the global demand outlook, but a decline in U.S. fuel inventories provided a floor.Brent […]
TD swings to third-quarter loss on US$2.6-billion provision for regulatory fines
A US$2.6-billion provision that Toronto-Dominion BankTD-T +0.47%increase recorded to cover expected regulatory fines wiped out the lender’s fiscal third-quarter profits, leaving TD with a small loss as it works to fix lapses in […]
TD Bank sets aside additional US$2.6-billion to cover U.S. regulatory penalties over anti-money laundering controls
Toronto-Dominion Bank TD-T +0.47%increase is setting aside an additional US$2.6-billion to cover looming penalties in the United States over failures in the bank’s anti-money-laundering program – systemic breaches that have mired the institution […]
Oil Futures Settle Sharply Lower
Published: 8/21/2024 3:18 PM ET | Despite data showing a big drop in U.S. crude inventories in the week ended August 16th, oil prices fell to a seven-month low on Wednesday amid concerns […]
U.S. crude stocks, fuel inventories decline as demand picks up: EIA
U.S. crude stocks, gasoline and distillate inventories all fell by more than expected in the week ending August 16 as demand and exports rose, the Energy Information Administration (EIA) said […]
The price of gold is at a record high. Here’s why
A gold rush is here. The precious metal hit an all time high this week.The spot price for gold closed Tuesday above $2,514, according to data from FactSet. That’s the […]
US economy created 818,000 fewer jobs than previously reported
U.S. job growth during much of the past year was significantly weaker than previously reported, according to new data published Wednesday.The Bureau of Labor Statistics revised down its total tally of […]
Canada’s inflation rate fell to 2.5% in July, paving way for another BoC rate cut
Canada’s annual inflation rate fell to 2.5 per cent in July, largely driven by lower prices for travel tours, passenger vehicles and electricity.It was the lowest inflation rate since March, […]