Bank of Canada 50-bps-cut not 'sure thing' after jobs data: …
WEB14 hours ago · Employment in that sector rose 61,000 last month — a second consecutive increase. Year over year, it’s up by 193,000 or 1.5 per cent. Brown also highlighted that average hourly wage increases slowed to a “16-month low” of 4.6 per cent. “Overall, the September Labour Force Survey reduces the chance of a 50 basis point cut later this ...
U.S. inflation rises more than forecast | Financial Post
WEB1 day ago · The core consumer price index — which excludes food and energy costs — increased 0.3 per cent from August and 3.3 per cent from a year ago, Bureau of Labor Statistics figures showed Thursday. The three-month annualized rate advanced 3.1 per cent, the most since May, according to Bloomberg calculations. Advertisement 2.
TD Bank mired in uncertainty | Financial Post
WEB11 hours ago · On Thursday, TD attempted to do damage control, describing 2025 as a “transition” year and unveiling a host of steps it will take in an attempt to mitigate the impact of the curbs on its personal and commercial banking businesses. Those steps include selling about 10 per cent of its U.S. assets to create liquidity and support the financial ...
Breaking News, Stories and Headlines | Financial Post
WEBEffects of port strikes in Montreal and eastern U.S. will ripple widely: Here's what you need to know. This advertisement has not loaded yet, but your article continues below. Read the latest breaking news in Canada and the rest of the world. We bring all of today's top headlines and stories to your fingertips.
TSX rises almost 300 points, U.S. stock markets also rally
WEBSep 14, 2023 · Canada’s main stock index gained almost 30 points on a broad-based rally led by base metal stocks as the price of oil reached US$90 per barrel, while U.S. stock markets also rose. The S&P/TSX composite index closed up 288.90 points at 20,567.84. In New York, the Dow Jones industrial average was up 331.58 points at 34,907.11.
Fed rate suspense has rarely been higher | Financial Post
WEBSep 16, 2024 · Photo by Mark Wilson/Getty Images. The world’s most powerful central bank is poised to cut its interest rate when it meets Wednesday, and rarely has there been so much suspense about the outcome. The United States Federal Reserve ‘s decision comes in a week that Bloomberg describes as a “36-hour monetary roller coaster” which includes ...
Financial Post - Sign Up for Our Newsletters "Financial Post ...
WEBGet breaking business news, views and industry insights delivered directly to your inbox. The Financial Post’s essential digests keep you informed so you can get ahead.
Markets - Financial Post
WEBStories tagged "markets" Opening Bell: Markets make gains, RIM shares up. U.S. markets started the final trading day of the quarter up after positive readings on U.S. consumer spending and incomes and signs that European leaders will take steps to …
Bloomberg News - Financial Post
WEBProject Dearth Slows South Africa's $9.3 Billion Coal Exit Plan. The implementation of a $9.3 billion climate-finance pact between South Africa and some of the world’s richest nations has been slowed by an absence of investable projects, the African country’s presidency said. 19 minutes ago PMN Business.
Top Stories | Financial Post Category Page | Financial Post
WEBVancouver-based miner Lucara found a 2,492-carat diamond in August. Since then, the company's CEO has urged patience in the hunt for a buyer as the sector looks to dig itself out of a price slump. with Video. September 26, 2024 Mining.
- Some results have been removed