Canadian Dollar surges in early US session after much stronger than expected consumer inflation data, which supports more aggressive tightening by BoC. Other commodity currencies are also strong. On the other hand, Dollar is trading Read more…
Does your business employ workers, withhold taxes, or operate as a corporation or partnership? If so, you need an Employee Identification Number. If you operate a business the IRS may require you to obtain an Read more…
Canada CPI rose 1.4% mom in March, above expectation of 0.9% mom. That’s the largest monthly increase since January 1991. For the 12-month period, CPI accelerated from 5.7% yoy to 6.7% yoy, well above expectation Read more…
Rising costs, production shut-downs and delivery delays could hit Tesla’s profit margins following the carmaker’s best-ever quarter for global deliveries. Tesla (TSLA) – Get Tesla Inc Report shares edged higher Wednesday ahead of the clean-energy carmaker’s Read more…
It has been a busy day for the Japanese yen. The currency came tantalizingly close to the symbolic 130 level earlier today, but then reversed directions. After touching a 20-year high of 129.41, USD/JPY has Read more…
With real Treasury bond yields turning positive for the first time in two years, investors are now re-assessing their appetite for stocks amid a mixed first quarter earnings season. U.S. equity futures traded mixed Wednesday, Read more…
“We delivered another quarter with strong sales growth and made sequential earnings growth progress despite significant and increasing cost headwinds,” said CEO Jon Moeller. Procter & Gamble Co. (PG) – Get Procter & Gamble Company Read more…
Part of investing is taking time to understand your losers, Real Money Columnist Paul Price argues. An important, if painful, part of investing is reviewing your losing trades to figure out if and why you Read more…
This solid start to the year reinforces our confidence in our strategy (and) we continue to see a strong demand environment for both technology and consulting,” said CEO Arvind Krishna. International Business Machines (IBM) – Read more…
ECB Governing Council member Martins Kazaks said in a Bloomberg interview, that it’s possible to hike interest rate in July. Meanwhile, QE could end at the end of June but the policy members will have Read more…