The Bottom Line: The BoC made the leap to cut the overnight rate by 50 bps today, amid accumulating evidence that the economy and labour markets are weakening by more than what is necessary to Read more…
Transcript: Conway Gittens: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. Stocks are under pressure Wednesday as interest rates in the bond market remain elevated. Comments from Read more…
Cruising has completed its comeback from its devastating pandemic-related shutdown. There was a period where it seemed like Americans would never be comfortable with the close quarters and heavy contact that happens on cruise ships. Read more…
The Bank of Canada (BoC) cut its overnight rate by 50 basis points, to 3.75%, while stating that it will continue with normalizing its balance sheet. With inflation having “declined significantly” over the last few Read more…
Daily Pivots: (S1) 1.3805; (P) 1.3825; (R1) 1.3835; More… USD/CAD’s from 1.3418 is extending in early US session. Intraday bias stays on the upside for retest of 1.3946/76 key resistance zone. Strong resistance might be Read more…
Taylor Swift, it should be noted, is not on the Taylor Swift Cruise that began on Oct. 21 on Royal Caribbean’s Allure of the Seas. The singer actually has nothing to do with the partial Read more…
A growing debate is emerging among ECB policymakers about whether to accelerate the pace of rate cuts, with some members suggesting a potential 50 bps reduction in December. The possibility arises after inflation data in Read more…
James Carville, the former political strategist who guided President Bill Clinton to his first election victory, summed it up best when he declared his intention to be reincarnated in the form of the bond market. Read more…
Photo by Vjeran Pavic / The Verge A new report from The Information cites “multiple people” involved in making parts for Apple’s Vision Pro headset to say that production plans have been scaled back in Read more…
Photo by Vjeran Pavic / The Verge A new report from The Information cites “multiple people” involved in making parts for Apple’s Vision Pro headset to say that production plans have been scaled back in Read more…