Published: 4/4/2024 8:36 AM ET | A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. […]
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Gold Dips From Record High
Published: 4/4/2024 5:57 AM ET | Gold prices dipped slightly on Thursday, after having surpassed $2300 for the first time ever on the back of a weaker dollar and falling Treasury yields.Spot gold […]
Canada records bigger than expected trade surplus in February
Canada recorded a bigger than expected trade surplus of $1.39-billion in February as a record level of unwrought gold helped export growth outpace the monthly rise in imports, data showed […]
Oil steady, bolstered by lower supply concerns
Oil prices were steady on Thursday, shored up by concerns about lower supply as major producers keep output cuts in place and on signs of stronger economic growth in the […]
Dollarama reports 24% profit boost in fourth quarter, hikes dividend
Dollarama Inc.DOL-T -1.40%decrease reported a 24-per-cent increase in profit in the fourth quarter, as Canadians feeling the sting of inflation continue to visit discount retailers to purchase everyday needs such as food, […]
Canada’s services PMI fell in March as downturn deepened
The downturn in Canada’s services sector deepened in March as higher prices and elevated borrowing costs crimped customer demand but firms remained confident that better times lie ahead, S&P Global […]
Powell says Fed still sees rate cuts this year, election timing won’t affect decision
Federal Reserve officials will likely reduce their benchmark interest rate later this year, chair Jerome Powell said Wednesday, despite recent reports showing the U.S. economy is still strong and that […]
Testimony
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Oil prices edge lower after booking strong first quarter
Crude oil futures ticked slightly lower Monday, taking a breather after a strong first quarter.The West Texas Intermediate contract for May delivery lost 33 cents, or 0.4%, to $82.84 a barrel on […]