The Canadian economy was virtually unchanged in June, shedding 1,400 jobs, while unemployment rose 0.2 percentage points to 6.4 per cent, Statistics Canada said on Friday.The unemployment…
People walk past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. Jason Lee | ReutersBEIJING — Ratings…
Stocks wavered Thursday as market participants digested the Federal Reserve’s more hawkish outlook on interest rates and some mixed economic news.Starting with the econ data. Inflation…
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…
HP’s CEO says artificial-intelligence PCs could make up 10% of shipments in the second half of the fiscal year. Read More: HP reduces rate of sales…
WASHINGTON – The Federal Reserve on Wednesday held its ground on interest rates, again deciding not to cut as it continues a battle with inflation that has grown…
The U.S. Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning toward eventual reductions in borrowing costs, but that cuts could be delayed…
US Federal Reserve Governor Michelle Bowman attends a “Fed Listens” event at the Federal Reserve headquarters in Washington, DC, on October 4, 2019. Eric Baradat | AFP…
Oil nearing $90 a barrel is a worry, as are rising bond yields and incoming jobs data. Read More: Dow’s worst day in a year follows…
The Bank of Canada has decided to keep its benchmark interest rate steady at five per cent, the second straight time the central bank has done so and…