Bank of Canada Signals Likely Pause in Tightening after Latest Rate Rise
Sort by
Date
Items per page
-
Wells Fargo’s rally sparks KBW downgrade after it outpaces other bank stocks
Investors have been bidding up the stock partly on speculation that its asset cap imposed by the Federal Reserve may be lifted in the next year or so.MarketWatch - Business -
UBS makes Ermotti best-paid European bank boss
Swiss lender awards returning chief executive $15.9mn for steering integration of Credit SuisseFinancial Times - Business -
Stocks surge after Fed indicates three rate cuts still coming this year
The S&P topped 5,200 for the first time Wednesday after the Federal Reserve said it was still targeting three rate cuts in 2024. Markets had feared hotter-than-expected inflation and jobs data would persuade the Fed to trim its timeline.CNN - Top stories - Federal Reserve -
Commercial real estate is itching for a rebound two years after start of Fed rate hikes
Demand for office leases is picking up, but interest rates are still a wild card.MarketWatch - Business - Federal Reserve -
Appeals Court Keeps Texas Immigration Law on Pause
A new Texas law that gives the state power to arrest and deport migrants will remain on hold for now as challenges continue to be fought out in court.The Wall Street Journal - World -
UK pauses drive to raise minimum wage
Decision will come as relief to businesses after period of rapid increasesFinancial Times - World - United Kingdom -
After Years on the Brink, Birmingham-Southern College Is Latest Campus to Close
The Alabama school is among an increasing number of small colleges succumbing to financial pressures.The Wall Street Journal - World -
White House signals heavy campaign travel for Biden
The White House has been adding more jobs to their scheduling and advance team, a sign that President Biden is ramping up for a robust travel schedule in the coming months as he readies for a fierce reelection battle against former President ...The Hill - Politics - Joe Biden -
Sen. Lisa Murkowski signals openness to leaving the GOP
Sen. Lisa Murkowski, a vocal critic of former President Donald Trump, signaled that she would be open to leaving the Republican Party.NBC News - Politics -
‘Humanoid’ robot wave signals change on the production line
AI training for manufacturing workers could minimise job lossesFinancial Times - Business -
Redefining Your Banking Relationship
Banking is a partnership, not a transaction. And it can help Black women overcome systemic financial hurdles.Inc. - Business -
A turning point in central banking
Last week’s monetary policy moves mark a shift away from strict inflation targetingFinancial Times - World -
‘No Ukrainian involvement whatsoever’, U.S. says
ISIS has claimed responsibility for the attack, without providing proof. A U.S. official told NBC News that the claim appears to be genuine, though no final assessment has been made yet.NBC News - Top stories - Ukraine