The tech sector was up 1.14 per cent and was the biggest contributor to Thursday’s gains. Headland said so far, there hasn’t been much reaction from the markets to news of the co-ordinated release of strategic oil reserves from the U.S. …Read the full story
FRANKFURT, GERMANY — The holiday tree is towering over the main square in this central German city, the chestnuts and sugared almonds are roasted, and kids are clambering aboard the merry-go-round just like they did before the pandemic. To savour a mug of mulled wine — an uncomplicated rite of winter in pre-pandemic times — […]
In New York, the Dow Jones industrial average rebounded in late trading and was down just 9.42 points at 35,804.38. Oil prices have rebounded with markets “seemingly underwhelmed” by news of the co-ordinated release of strategic reserves from the U.S. …Read the full story
“A sudden influx of investors in the housing market likely contributed to the rapid price increases we saw earlier this year. Still, Beaudry noted “somewhat slower” house price growth over the summer should lower the chances of undesirable extrapolative price dynamics. Housing prices soared through early 2021, surging to a peak in March before slipping […]
In New York, the Dow Jones industrial average was up 17.27 points at 35,619.25. …Read the full story
Markets were reassured after U.S. …Read the full story
A resurgence of coronavirus outbreaks in the U.S., Europe and some other regions is weighing on investor sentiment. Still, companies are facing higher raw materials costs and supply chain problems that could crimp future profits. The situation is putting pressure on the Federal Reserve to move faster to rein in its ultra-low-rate policies in order […]
“All the competitors are relatively stretched — their balance sheets are stressed, their fleets are contracting. Demand remains the big caveat, though airlines say they are confident it will continue to rise next year, particularly among recreational travellers. Bound for sun destinations and Canadian cities, they will fly from Montreal, Ottawa and Halifax as well […]
It’s been a record-breaking year for Canada’s real estate market so far, with interest rates at an all-time low, and housing prices at historic highs. National home sales in Canada have set a new annual record this year, rising 8.6 per cent from September to October. The total sale of single family one-storey and two-storey […]
“There’s a fight for the heart and soul of the Conservative Party right now,” Nanos said of the latest divisions being exposed by ousted Conservative Sen. The latest preferred prime minister rankings show that O’Toole is tied with NDP Leader Jagmeet Singh with 20.7 per cent of those surveyed saying they would be their top […]
Investors are closely watching retail sales reports and retailer earnings as they try to gauge just how much rising inflation is impacting business operations and consumer spending. Target, which reported mostly solid financial results, also saw its margins tighten because of higher merchandise, freight and supply chain costs. fell 0.7% in October, but a big […]
Binance, the world’s largest exchange for trading Bitcoin and other cryptocurrencies, says it’s time for global regulators to establish rules for crypto markets. The call for regulation might seem strange for an industry whose popularity exploded in some part precisely because it sought to operate outside the heavy hand of governments and other authorities. “This […]
Brent crude, used as the price basis for international oils, added 73 cents to $82.77 per barrel in London. …Read the full story
Brent crude, used as the price basis for international oils, added 73 cents to $82.77 per barrel in London. …Read the full story
