Stock Market Rally Risks Losing Steam as Economic Bounce Fades
US stocks have defied skeptics this year as they climbed to records despite a global trade war, lingering…
Could lower interest rates finally open the door to your first home in Toronto? Here’s what experts say
Some experts are saying now is the time for Millennials and GenZ to buy their first home, after…
NZ Government’s Economic Stewardship Challenged by Big GDP Slump
New Zealand Prime Minister Christopher Luxon and Finance Minister Nicola Willis are facing questions about their stewardship of…
New Zealand Economy Shrank More Than Forecast in 2nd Quarter
New Zealand’s economy shrank much more than economists forecast in the second quarter, fueling bets that the central…
Jerome Powell warns of signs of an AI bubble and an economy leaning too hard on the rich
For months, Wall Street commentators have fretted that the artificial intelligence boom looks like a bubble, with capital…
Unemployment rate steady despite jobs losses in August
Australia’s unemployment rate has remained steady at 4.2 per cent in August, due to a big drop in…
Bank of Canada reaction: Are more rate cuts on the way?
But Wednesday’s decision by the Federal Reserve to lower its own funds rate also possibly gave the Bank…
Fed cuts, markets not sure where to look
By Jamie McGeever ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets By Jamie…
Fed Cuts Rates Quarter Point, Signals Labor Market Concerns
Federal Reserve officials lowered their benchmark interest rate by a quarter percentage point and penciled in two more…
Bank of Canada decision means shifting equation on fixed vs. variable mortgage rates
TORONTO — The Bank of Canada’s decision to lower interest rates for the first time since March will…
1 in 3 Americans have no emergency savings—while boomers’ $2,000 cushion dwarfs Gen Z’s $400
That’s according to a new survey by Empower, a retirement and financial services company, which found 32% of…
Fed Rate Cut to Mark Pivot Toward Job Market: Decision-Day Guide
Federal Reserve officials are expected to backstop a faltering US labor market by lowering interest rates Wednesday, marking…