It seems like almost every day you check on the newest business headlines, a new company is either liquidating, filing for bankruptcy protection, getting delisting warnings, or somehow spiraling into what seems like a hopeless Read more…
A summer rate cut by the Fed hangs in the balance amid persistent inflation Rate cut bets have been scaled back from more than six to around two But limited fallout on Wall Street; can Read more…
US inflation once again beat expectations, causing markets to further discount the chances of an easing cycle starting in June. The dollar responded with a 1% rise against a basket of major currencies, taking the Read more…
The Bank of Canada maintained the overnight rate at 5.0%, while stating that it will continue with Quantitative Tightening (QT). In its quarterly Monetary Policy Report (MPR), the Bank upgraded its economic growth forecast, stating Read more…
Fast Facts Elon Musk in March offered all of Tesla’s U.S. customers a free, 30-day trial of Full Self-Driving (FSD). The push for FSD comes amid weakening take rates for the software package. Analyst Gary Black said Read more…
When you build a business around a trend, you run the risk that tastes change or the trend turns out to be a fad. Americans, it turned out, only liked self-serve frozen yogurt so much Read more…
Between the high numbers of people traveling and the rising cost of checked baggage, the boarding process is becoming increasingly inefficient. While those with a higher ticket class get the additional perk of entering the Read more…
Daily Pivots: (S1) 1.3546; (P) 1.3572; (R1) 1.3598; More… Intraday bias in USD/CAD is back on the upside with break of 1.3646 resistance. Firm break of channel resistance would prompt upside acceleration, and extend the Read more…
BoC maintains overnight rate at 5.00% as widely expected. The central bank’s statement highlighted that both the CPI and core inflation have “eased further” in recent months, though they remain at elevated levels. BoC emphasized Read more…
The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening. Read more…