U.S. crude stockpiles rose unexpectedly last week, driven largely by a jump in imports, while fuel inventories also increased, the Energy Information Administration (EIA) said on Wednesday.Crude inventories rose by […]
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U.S. inflation cooled in May in sign that price pressures may be easing
Inflation in the United States eased in May for a second straight month, a hopeful sign that a pickup in prices that occurred early this year may have passed. The […]
Closing Bell (June 11): Canadian Natural Resources Ltd. down on Tuesday (CNQ)
Canadian Natural Resources Ltd. opened trading today at $48.63 and closed at $48.92. prices ranged from a low of $47.87 to a high of $49.22.Shares boosted 0.23 percent from the […]
Freeland says broad strokes of capital-gains tax hike haven’t changed, details coming Monday
The federal government isn’t changing the broad strokes of its capital-gains tax hike, Finance Minister Chrystia Freeland says, despite a pressure campaign from the country’s top business groups and lead […]
Calendar: June 10 – June 14
Monday June 10China aggregate yuan financing and new yuan loansJapan real GDP and banking lendingItaly industrial production—Tuesday June 11Japan machine tool orders(8:30 a.m. ET) Canadian building permits for April. Estimate […]
U.S. unemployment rate up slightly as economy adds far more jobs than expected in May
U.S. job growth accelerated far more than expected in May, keeping the Federal Reserve on track to hold off starting to cut interest rates until September at the earliest.The Labor […]
Bank Of Canada Lowers Interest Rates By A Quarter Point As Widely Expected
Citing continued evidence that underlying inflation is easing, the Bank of Canada on Wednesday announced it has decided to lower interest rates by 25 basis points.The Bank of Canada reduced […]
U.S. private payrolls rose less than expected in May, report shows
U.S. private payrolls increased less than expected in May while data for the prior month was revised lower, a report showed on Wednesday.Private payrolls increased by 152,000 jobs last month […]
June 4 -TSX Ends Notably Lower
The Canadian market tumbled Tuesday morning on heavy selling in materials and energy stocks, and despite regaining some lost ground subsequently, ended the day’s session notably lower.Investors looked ahead to […]