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Financial Market News
You are at:Home»Category: "Markets" (Page 269)

J.M. Smucker’s stock extends bounce as Hostess purchase helps boost profits

By FinMar NewsJune 6, 2024

J.M. Smucker’s stock nudged higher Thursday, after the consumer foods company beat quarterly profit expectations, as the recent acquisition of Hostess Brands and lower costs helped…

Cutting interest rates was easy. But the Bank of Canada still has a

By FinMar NewsJune 6, 2024

Bank of Canada governor Tiff Macklem says the central bank has to rebuild trust with Canadian households. After the last two years of interest rate hikes…

Squishmallows are creating a tougher bar to clear for Five Below

By FinMar NewsJune 5, 2024

Shares of Five Below Inc. slid after hours on Wednesday after the teen-centric discount retailer cut its full-year sales forecast, Read More: Squishmallows are creating a…

Bank of Canada cuts key interest rate to 4.75%

By FinMar NewsJune 5, 2024

The Bank of Canada has lowered its key interest rate to 4.75 per cent, marking the bank’s first rate cut since March 2020.Bank governor Tiff Macklem said in opening remarks that…

Elon Musk confirms reallocating thousands of Nvidia AI chips from Tesla

By FinMar NewsJune 5, 2024

Tesla Inc. Chief Executive Elon Musk confirmed Tuesday that he diverted thousands of Nvidia Corp. chips from the EV maker. Read More: Elon Musk confirms reallocating…

WestJet announces UltraBasic fare with no carry-ons, no seat choice and no

By FinMar NewsJune 5, 2024

WestJet announced that it has introduced an ultra low-cost fare — and if you like carry-ons, seat choice and earning points, there’s a catch.The UltraBasic fare will replace the airline’s…

Get ready for stocks to hit a wall this summer, says JPMorgan

By FinMar NewsJune 4, 2024

The stock market could see upside peak this summer as investors fail to read signs of a slowdown and keep piling into stock markets, says JPMorgan…

Air Canada ordered to pay couple $2,000 in compensation. Instead, it’s

By FinMar NewsJune 4, 2024

Close to four years after they filed a complaint with the Canadian Transportation Agency (CTA), Andrew and Anna Dyczkowski finally got a resolution — in their favour.In…

Older workers opting out: Fewer people plan to work after age 62

By FinMar NewsJune 3, 2024

Are older workers more confident in their finances or more realistic about their prospects? Read More: Older workers opting out: Fewer people plan to work after…

Investors reshaped Canadian home real estate. Something similar is

By FinMar NewsJune 3, 2024

When asked if young, aspiring farmers ever inquired about buying his farm, Marcus Collinson just laughs. “No young farmers are buying farms,” he said, adding it’s why he…

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Energy News

What’s Behind MAGA’s Strange New Crush on Solar Energy?

Iran says talks continue while it retains control of Strait of Hormuz

EPA appoints industry players and academics to its Science Advisory Board

Iran declares Strait of Hormuz open to shipping during Lebanon ceasefire

Banks News

Europe must prevent misuse of Anthropic’s Mythos, Bundesbank chief warns

UniCredit says Commerzbank is ‘unfit’ for industry challenges

White House tells “greedy” banks to “move on” from CLARITY Act stablecoin

Why regional banking strength matters more now for your port

Real Estate News

Compass could dominate residential real estate, new report says

Triten Real Estate Partners sells two-building distribution center in

NYC Mayor Mamdani Unveils Major Tax Hike On Unoccupied Luxury Real Estate

Stafford County supervisors still weighing real-estate tax rate options

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