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Forex News

Friday September 23, 2022

The strong dollar and rapid interest rate rise threatens the global financial architecture, says Schroders' Insana

Ron Insana, Schroders N.A. senior advisor and CNBC contributor, joins 'Power Lunch' to discuss why the strength of the dollar raises risks in the currency market, why a rising dollar causes havoc in other currencies and more.

Friday September 23, 2022

I suspect Treasurys will break before the strong dollar, says Cresset Capital's Jack Ablin

Jack Ablin, Cresset Capital CIO, joins 'TechCheck' to discuss his thoughts around the strength of the dollar and rising rates, whether gold is a safe haven commodity and what he recommends for the average investor.

Friday September 23, 2022

From the Fed to Europe's currency crisis, here's what's behind this selloff in financial markets

Stocks fell sharply and bond yields rose around the world in volatile trading Friday, as global markets braced for higher interest rates and recession.

Friday September 23, 2022

We are not buyers of emerging market stocks at this point, says Citi

Robert Hoffman of Citi Private Bank says that's because U.S. dollar strength is likely to continue in the short term.

Markets & Economics

Sunday September 25, 2022

New minimum tax could hit Berkshire Hathaway and Amazon hardest, study shows

The 15% minimum tax would impact around 78 companies, according to 2021 financia...

Sunday September 25, 2022

Atlanta Fed President Bostic expects job losses but says there’s a really good chance to get to 2% inflation without killing the economy

Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, signaled o...

Friday September 23, 2022

Bank of England hikes by 50 basis points, says UK may already be in recession

The Bank of England voted to raise its base rate to 2.25% from 1.75% Thursday, l...

Wednesday September 21, 2022

'Path to oblivion': Ukraine military gains could deepen Russia's economic problems

Ukraine's counteroffensive, which has seen vast swathes of Russian-occupied terr...

Canadian Business

Sunday - Sep 25, 2022

From HP sauce to Burberry, the future of the Queen...

FPCOLRWarrant

HP Sauce is just one of the late Queen Elizabeth's favourite brands — and they are among hundreds of products that hold royal warrants. Here's what happens to the branding advantage gained from her seal of approval now that Her Majesty has died.

Saturday - Sep 24, 2022

Another discount airline takes off — but they m...

Canada Jetlines

Discount airlines focus on offering cheap fares, but so far there hasn’t been a noticeable impact on overall ticket prices and there are questions about whether the air travel industry is large enough to support so many airlines.

Friday - Sep 23, 2022

TSX slumps as oil falls below $80 and economic glo...

TSX sign

Canada's benchmark stock index dropped heavily on Friday as prospects of a global recession cause investors to sell first and ask questions later.

Friday - Sep 23, 2022

Consumers pull back on shopping as inflation and r...

COVID-19 ESSENTIAL WORKERS

Facing sky-high inflation, consumers put away their wallets more often in July, new data revealed Friday, as retail sales fell for the first time since 2021.

Friday - Sep 23, 2022

Canada's tipping culture is flawed and there's no ...

tipping canada

The “tip nudge” has quickly become a “well-established societal norm” in Canada, according to food economists. And many consumers say the country's tipping culture should be scrapped altogether in place of employers raising prices and paying their employees more.

Thursday - Sep 22, 2022

Inflation is cooling but prices aren't going to fa...

Shutterstock - Medium file

Inflation is finally cooling, but that only means the rate by which prices are growing will slow. What you pay for goods and services will continue to rise, but hopefully at a more manageable level