What’s going on here? The US Federal Reserve's 50-basis-point rate cut sent ripples through global financial markets, affecting currencies, bonds, and stocks worldwide. The Federal Reserve's decision ...
Benchmark 10-year Treasury yields recovered to 3.686% after hitting a 16-month low of 3.599%, while 30-year yields increased to 3.99% and two-year yields climbed to 3.646%, marking a six-day high.
What’s going on here? Ontario's Superior Court has halted a board shakeup at Dye & Durham, Brookfield plans a $50 billion fund, and Canada's inflation hints at potential interest rate cuts. Justice ...
What’s going on here? The Turkish lira softened a touch to 34.02 against the US dollar on Wednesday morning, while Turkey's BIST 100 index climbed nearly 2% on Tuesday. The slight dip in the lira ...
The Big Five Portfolio puts 20% in each of these five assets: the Nasdaq (the lion), bitcoin (the leopard), gold (the elephant), long-dated Treasury bonds (the rhino), and inflation-linked Treasury ...
Founded in the 1940s by chemist Earl Tupper, Tupperware revolutionized kitchen storage with its plastic containers and airtight 'Tupper Seal.' Its rise was fueled by Brownie Wise's 'party plan' ...
What’s going on here? Single-family housing starts in the US jumped 15.8% in August, hitting an annual rate of 992,000 units as mortgage rates dipped and construction picked up post-hurricane. The ...
What’s going on here? Analog Devices and Tata Group have inked a deal to explore manufacturing semiconductor products in India, with Tata investing $14 billion to kickstart the country's chip journey.
In today's Daily Brief, we'll look at the latest AI fund, which could have $100 billion in firepower. "BlackRock, Microsoft, and MGX have formed the “Global AI Infrastructure Investment Partnership” ...
What’s going on here? Fed Governor Michelle Bowman voted against the Federal Reserve’s latest decision to cut interest rates by half a percentage point, favoring a smaller quarter-point cut – the ...
Just as economists had predicted, British consumer prices picked up by 2.2% in August from the same time last year, matching July’s pace. Down on the ground, a few prices were headed in the right ...
What’s going on here? The Toronto Stock Exchange's S&P/TSX composite index dipped by 105.02 points or 0.44%, closing at 23,572.68 due to slumping energy shares. Investors are playing the waiting game ...