Loonie trades in a range of 1.3728 to 1.3779 * For the week, the loonie gains 0.2% * Factory sales and wholesale trade rise in April * 10-year yield hits a 4-month low at 3.260% By Fergal Smith TORONTO, – The Canadian dollar steadied against its broadly stronger U.S. counterpart […]
NEW YORK, – Elevated U.S. interest rates are pressuring the U.S. retail sector, where shares of many companies have been dented by months of tight monetary policy while a select few have soared. The S&P 500 Consumer Discretionary Distribution & Retail index is up nearly 14% this year, roughly keeping […]
The military is detaching the causeway and moving it late Friday and into Saturday to prevent it from breaking apart as it did late last month in bad weather, the officials said, speaking on condition of anonymity to discuss military planning. The officials expect it will be back in place […]
French stocks lost roughly $200 billion in market capitalization — or about the size of Greece’s economy — this week following President Emmanuel Macron’s decision to call a snap election. The CAC 40 Index has now erased all gains for 2024. That’s weighed on the pan-European Stoxx 600 benchmark, which […]
European equities steadied Friday, but remained on course for their worst week in five months as French political risks weigh on sentiment. The Stoxx 600 Index was about 0.1% higher by 8:11 a.m. in London, with health care and technology stocks faring best and industrial and consumer sectors the biggest […]
French stocks this week lost roughly $220 billion in market capitalization, about the size of Greece’s economy, following President Emmanuel Macron’s decision to call a snap election. The CAC 40 index dropped 3%, erasing all gains for 2024. That’s weighed on the pan-European Stoxx 600 benchmark, which is set for […]
French stocks lost about $210 billion in market capitalization this week, about the size of Greece’s economy, following President Emmanuel Macron’s decision to call a snap election. The CAC 40 index erased all gains for 2024. That’s weighed on the pan-European Stoxx 600 benchmark, which had its worst week since […]
NEW YORK -Oil futures prices edged higher on Friday and were on course for their best week in months, supported by forecasts for solid crude oil and fuel demand in 2024. Brent crude futures were up 12 cents at $82.87 a barrel at 1:34 pm EDT . West Texas Intermediate […]
WASHINGTON, – A federal appeals court on Friday rejected a U.S. Justice Department attempt to revive a lawsuit accusing casino mogul Steve Wynn of lobbying then-President Donald Trump on behalf of China. Wynn, the former CEO of Wynn Resorts and finance chair of the Republican National Committee, no longer had […]
If you want to know why people hate lawyers, just look at the majority’s opinion — which flies in the face of all common sense. One day it will be taught in law schools as the prime example of how literalism is the bane of law — and how conservatives have […]