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Forex News

Monday July 19, 2021

As market closes, investors look to value of dollar for guidance

"Part of this is tied to worries about the virus," Rebecca Patterson, director of investment research at Bridgewater Associates tells Closing Bell, as she predicts how the dollar might close against other currencies at the end of this year.

Thursday July 15, 2021

Gundlach says the dollar is 'doomed' over the long term because of rising U.S. deficits

DoubleLine Capital CEO Jeffrey Gundlach told CNBC on Thursday that "the dollar is going to fall pretty substantially."

Thursday July 15, 2021

DoubleLine's Gundlach says the U.S. dollar is 'doomed' because of the country's rising deficits

Doubleline CEO Jeffrey Gundlach comments on what he sees for the dollar over the next few years, saying he believes it will fall pretty substantially.

Thursday July 08, 2021

10-year Treasury yield could hit 1.20% before moving back up: Strategist

Kathy Jones from Charles Schwab talks about the U.S. bond market and the dollar, saying a lot of market readjustments may have already taken place as investors prepare for the second half of the trading year.

Markets & Economics

Wednesday August 04, 2021

Private companies added 330,000 jobs in July, according to ADP, far short of the 653,000 estimate

The 330,000 new positions is also a sharp deceleration from June....

Wednesday August 04, 2021

Yellen says enacting Biden's agenda is key to keeping U.S. the 'world’s pre-eminent economic power'

Yellen is trying to rally the public behind the bipartisan infrastructure bill a...

Tuesday August 03, 2021

Biden approval ratings on Covid and economy fall in new CNBC All-America survey

CNBC's All-America Economic survey showed 48% of American adults approved of the...

Tuesday August 03, 2021

Household debt jumps by the most in 14 years to nearly $15 trillion in the second quarter

Household debt rose by its highest dollar amount in 14 years during the second q...

Canadian Business

Thursday - Aug 05, 2021

Biden to aim for 50% electric vehicles by 2030 wit...

Automakers Mileage Standards

U.S. President Joe Biden will sign an executive order on Thursday aimed at making half of all new vehicles sold in 2030 zero-emissions vehicles and will propose new vehicle emission rules to cut pollution through 2026, the White House said.

Wednesday - Aug 04, 2021

Alberta ranchers face difficult decisions as droug...

Cattle

Alberta ranchers hit hard during the pandemic last year are now dealing with drought conditions that are devastating vital grazing land and taking both a financial and emotional toll.

Wednesday - Aug 04, 2021

2 Canadian securities regulators to be merged into...

Andrew  Kriegler  IIROC

The umbrella organization for Canada's securities regulators says it plans to merge the regulatory bodies that oversee investment dealers and mutual fund dealers into one new organization, a move praised by both watchdog groups.

Tuesday - Aug 03, 2021

President of Activision's Blizzard Entertainment r...

BLIZZARD WALKOUT

J. Allen Brack, the president of Activision's Blizzard Entertainment, is stepping down weeks after the video game company was hit with a discrimination and sexual harassment lawsuit in California as well as backlash from employees over the work environment.

Monday - Aug 02, 2021

Desperate employers dangle signing bonuses to lure...

Edward Fitchett

While pandemic job losses linger in the economy, some companies are struggling to find employees. A review of popular job listing sites in Canada showed companies ranging from retailing giant Amazon to small, local enterprises are offering signing bonuses to lure workers to jobs like delivery drivers or hair stylists.

Sunday - Aug 01, 2021

Higher oil prices boost profits at Canadian energy...

Blood Tribe oil

After racking up debt in 2020, the Canadian oilpatch is enjoying a rebound so far this year as major oil producers are gushing profits as oil prices are near a seven-year high. This week, many energy companies based in Calgary unveiled their latest earnings reports and for the second straight quarter, the industry showed hefty profits.