One Bank of America strategist believes this week's jumbo interest-rate cut by the Federal Reserve risks reigniting a potential bubble in stocks.
OTTAWA--Retail trade in Canada rose by the most in 10 months in July, led by a rebound in sales of motor vehicles. Sales rose 0.9% from the previous month to a seasonally adjusted 66.38 billion ...
For the IBD and MarketWatch list of the Most Trusted Financial Companies in 2024, we asked more than 7,000 survey participants for their opinion of the financial soundness of the financial companies ...
OTTAWA--Producer prices in Canada fell in August, driven by lower prices for energy and petroleum products, and Canadian companies paid less for raw materials for the month. Statistics Canada's ...
Mizuho desk-based analyst Jordan Klein agreed that the latest move and commentary from the Fed "created more confidence in a soft-landing scenario," which he said could be interpreted positively for ...
In all, the survey and an accompanying report make the case that Gen Z have a much different attitude about work than members of previous generations. That is, life for them is about much more than a ...
OTTAWA--Investments in productivity-enhancing artificial intelligence are boosting demand in the economy, and that could put upward pressure on inflation in the short term, Bank of Canada Gov. Tiff ...
Elahere, which won initial U.S. Food and Drug Administration approval in 2022 for platinum-resistant ovarian cancer, was the key asset in AbbVie's $10.1 billion acquisition of biotech ImmunoGen that ...