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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

Thursday October 17, 2019

GM strike pushed US factory output down 0.5% in September

U.S. factory output slumped 0.5% in September, as a strike at General Motors cau...

Thursday October 17, 2019

US weekly jobless claims rise modestly

The weekly jobless claims data suggested the labor market continues to tighten d...

Thursday October 17, 2019

US housing starts fall from a 12-year high

U.S. homebuilding tumbled from a more than a 12-year high in September, but sing...

Wednesday October 16, 2019

Fed's Evans says no more rate cuts are needed through 2020

The Chicago Fed president says that policy is probably appropriate given an econ...

Canadian Business

Tuesday - Oct 22, 2019

For toymaker Hasbro, trade wars are no fun...

Earns Hasbro

Shares of Hasbro plunged Tuesday after the company said the trade war is hammering its supply chain and creating confusion among customers for its toys.

Tuesday - Oct 22, 2019

Business outlook more rosy overall but Prairies st...

Alta Oil Ban 20190924

A new survey by the Bank of Canada suggested that business sentiment in the country has edged higher, but differences between the Prairies, hard hit by the turmoil in the energy sector, and Central Canada have grown more pronounced.

Tuesday - Oct 22, 2019

Husky Energy announces layoffs...

Calgary 6155 Husky Oil gas energy headquarters hq downtown office

Months after revealing plans to cut its capital spending, Calgary-based Husky Energy announced Tuesday that it's also reducing its workforce, but did not say by how much.

Tuesday - Oct 22, 2019

Boeing makes progress on 737 Max, but FAA needs we...

BOEING-RESULTS/

Boeing Co. is making progress toward getting its 737 Max aircraft in the air again, but the U.S. Federal Aviation Administration (FAA) will need at least several more weeks for review, FAA Administrator Steve Dickson said on Tuesday.

Tuesday - Oct 22, 2019

'A sad day': Frustrated oilpatch braces for more T...

Oil pumpjack near Acme, Alta

After the oilpatch celebrated the victory of the UCP government in Alberta in the spring, many in the sector were hoping for a double dose of good fortune in 2019 with a Conservative victory on the federal stage.

Tuesday - Oct 22, 2019

Exxon trial to explore whether oil giant lied to i...

Exxon Climate Lawsuit

New York's attorney general is accusing Exxon Mobil of lying to investors about how profitable the company will remain as governments impose stricter regulations to combat global warming. A lawsuit is set to go to trial Tuesday.