Forex News
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.
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.
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.
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
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...
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...
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...
'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
From HP sauce to Burberry, the future of the Queen...
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.
Another discount airline takes off — but they m...
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.
TSX slumps as oil falls below $80 and economic glo...
Canada's benchmark stock index dropped heavily on Friday as prospects of a global recession cause investors to sell first and ask questions later.
Consumers pull back on shopping as inflation and r...
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.
Canada's tipping culture is flawed and there's no ...
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.
Inflation is cooling but prices aren't going to fa...
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