Strong US Jobs Report Backs Case for Pause in Fed Rate Cuts
The US economy in December added the most jobs since March and the unemployment rate unexpectedly fell, capping a ...
Carney Poised to Enter Race to Replace Trudeau as Canada’s Prime Minister
Former central banker Mark Carney is poised to announce that he’s jumping into the race to succeed Justin Trudeau as leader of the Liberal Party and Canadian prime minister.
Trump Tariff Fears Pushing Global Rates Higher, IMF Chief Says
US President-elect Donald Trump’s tariff threats are already driving up longer-term borrowing costs around the world, International Monetary Fund Managing Director Kristalina Georgieva said.
Option Trades in China ETFs Swing From Gain to $100 Million Loss
Traders who briefly had been sitting on more than $100 million in paper profits after buying call options in early December on a pair of tiny China-linked ETFs appear to have closed the positions ...
BMO Expands Private Credit Reach Via Deal With Alternative Asset Manager
BMO Financial Group has entered a partnership with alternative asset manager Canal Road Group in a deal that will enable the ...
In Hottest Year Ever, US Homes Used a Record Amount of Power to Keep Cool
While artificial intelligence has attracted scrutiny for energy use, the residential sector is far and away the biggest power ...
Foreign Affairs Minister Mélanie Joly off to Washington next week to talk tariffs
Foreign Affairs Minister Mélanie Joly will head to Washington next week as part of her government’s efforts to press the ...
‘I like what we’re doing,’ Tilray CEO says despite Q2 earnings miss
The head of Tilray Brands Inc. says he was pleased with the company’s performance in its latest quarter despite tax ...
Jeep Owner’s Production Decisions Rest on Trump Tariff Plans
A top executive at Jeep-owner Stellantis NV said some key production decisions are on hold while the automaker awaits clarity ...
‘Finally a decent month’: Economist reacts to latest jobs data
One economist says December’s employment figures were positive, breaking the trend of job gains lagging population growth.
Canada Foreign Minister Joly Won’t Run to Replace Trudeau
Canadian Foreign Affairs Minister Melanie Joly said she won’t enter the leadership race to succeed Justin Trudeau as prime ...
Dollar Jumps as Unexpected Hiring Surge Sends Yields Higher
The US dollar surged after a hotter-than-expected jobs report reinforced speculation that the Federal Reserve will hold off ...