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Forex News

Wednesday August 21, 2019

Dow jumps more than 200 points, Target and Lowe's surge on strong earnings

Stocks rose on Wednesday as strong quarterly results from retailers such as Target and Lowe's lifted investor sentiment.

Tuesday August 20, 2019

Dow falls 170 points, snaps 3-day winning streak

The Dow Jones Industrial Average fell for the first time in four sessions as recession fears lingered.

Monday August 19, 2019

Dow rallies more than 200 points as Wall Street continues rebound from August sell-off

Stocks rose sharply on Monday as Treasury yields rebounded, quelling fears of a possible recession.

Friday August 16, 2019

Dow rallies 300 points to end another wild week on Wall Street

Stocks rallied on Friday as a rebound in bond yields eased fears of a recession that sent stocks tumbling earlier in the week.

Markets & Economics

Wednesday December 11, 2019

'Bond King' Gundlach says a recession is 'very unlikely' in 2020

Jeffrey Gundlach is not worried about a possible recession in 2020, saying on We...

Wednesday December 11, 2019

Bank of America CEO Brian Moynihan says confident consumers are spending 5.5% more this year

"People are spending, and that's good news for the U.S. economy," Moynihan tells...

Wednesday December 11, 2019

US consumer prices increase more than expected in November

U.S. consumer prices rose more than expected in November, which could further su...

Wednesday December 11, 2019

The Fed is expected to hold rates steady and vow to keep short-term lending markets stable

The Fed is likely to indicate Wednesday afternoon it's not in a hurry to do anyt...

Canadian Business

Wednesday - Dec 11, 2019

Saudi Aramco is now the world's most valuable comp...

SAUDI-ARAMCO/IPO

The Saudi kingdom has been talking about selling some shares of its prized oil giant for years. But the Saudi Aramco IPO comes during a rough time for global oil producers.

Wednesday - Dec 11, 2019

Citing 'distressing' office vacancy rate, Calgary ...

Strategic Mamdani

Strategic Group has put 50 properties, with mortgages totalling nearly $651 million, under creditor protection.

Wednesday - Dec 11, 2019

U.S. Federal Reserve holds rates steady, expects m...

Federal Reserve Powell

The U.S. Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs are likely to remain unchanged indefinitely, with moderate economic growth and low unemployment expected to continue through next year's presidential election.

Wednesday - Dec 11, 2019

Poll finds most Canadians want Huawei barred from ...

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A new survey says Canadian public opinion is solidly against allowing Huawei as a supplier for the new generation of ultra-fast wireless networks that are being built by the country's telecommunications companies.

Wednesday - Dec 11, 2019

After Lion Air crash, FAA predicted more Boeing 73...

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After the first crash of a Lion Air Boeing 737 Max last year, U.S. federal safety officials estimated that there could be 15 more fatal crashes of the Max over the next few decades if Boeing didn't fix a critical automated flight-control system.

Wednesday - Dec 11, 2019

WestJet shareholders won't get December dividend a...

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WestJet Airlines Ltd. shareholders won't be receiving a quarterly dividend this month after Onex Corp. announced the completion of its acquisition of the Calgary-based airline.