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market news
Canadian dollar holds near five-month low as inflation data weighs
A loonie is pictured in Toronto on Jan. 23, 2015.
globe investor
Volatility uncorked as U.S. solo surge unleashes dollar
Mike Dolan
globe investor
China’s cycle of U.S. dollar hoarding and weakening yuan gets vicious
Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound and Chinese 100 yuan banknotes are seen in this picture illustration, January 21, 2016.
asia-pacific business
China’s first quarter economic growth solid, but March data show demand still feeble
Employees work on an engine assembly line at an engine manufacturing factory in Qingzhou, in China's eastern Shandong province on April 16, 2024. (Photo by AFP) / China OUT (Photo by STR/AFP via Getty Images)
energy and resources
Oil settles flat, economic headwinds counter potential supply threats
An array of pumpjacks operate near the site of a new oil and gas well being drilled Friday, April 8, 2022 in Midland, Texas. Exxon Mobil Corp. is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in West Texas. (Eli Hartman/Odessa American via AP, File)
u.s. business
Retail sales up a strong 0.7% in March from February, underscoring resiliency of U.S. consumer
FILE PHOTO: People carrying shopping bags walk inside the King of Prussia shopping mall, as shoppers show up early for the Black Friday sales, in King of Prussia, Pennsylvania, U.S. November 26, 2021. REUTERS/Rachel Wisniewski/File Photo
international business
M&T Bank forecasts strong 2024 interest income as rate cut bets ease
asia-pacific business
China’s exports and imports shrink in March, miss forecasts by big margins
Shipping containers are stacked at a port in Lianyungang, in eastern China's Jiangsu province on April 12, 2024. Chinese exports plunged more than expected in March, official figures showed on April 12, as the world's second-largest economy struggles to sustain its post-pandemic recovery. (Photo by AFP) / China OUT (Photo by STR/AFP via Getty Images)
u.s. business
Tame U.S. producer price data in March soothe inflation concerns
FILE - A man walks past a tanker at a Chevron gas station in San Francisco, Oct. 23, 2023. On Thursday, April 11, 2024, the Labor Department releases producer prices data for March. (AP Photo/Jeff Chiu, File)
international business
Bank of England policy-maker Megan Greene says rate cuts should be ‘a way off’
A general view of the Bank of England in the City of London, Britain, September 25, 2023. REUTERS/Hollie Adams
globe investor
Unraveling U.S. rate cut bets spur investor portfolio shifts
A board on the floor of the floor of the New York Stock Exchange (NYSE) displays closing prices on April 10.
market news
The close: Stocks sharply lower, bond yields spike, as sticky inflation dims U.S. rate cut hopes
Traders work on the floor of the New York Stock Exchange during afternoon trading on April 9.
globe investor
Currency markets are in a deep freeze. Rate cuts and Trump could thaw them
An exchange point displays images of currencies in Cairo, March 6, 2024.
u.s. business
U.S. services sector cooling; input price increase slows considerably
A customer pays for their food at the drive-thru of a fast-food restaurant in Los Angeles on Monday, April 1, 2024. Most fast food workers in California will be paid at least $20 an hour beginning Monday when a new law is scheduled to kick in giving more financial security to an historically low-paying profession while threatening to raise prices in a state already known for its high cost of living. (AP Photo/Damian Dovarganes)
market news
The close: TSX higher as heavy-weight sectors drive gains
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 6, 2024. REUTERS/Brendan McDermid/File Photo
opinion
Has the yield curve been wrong about a recession? Don’t count on it yet
Tom Czitron
canada
Morning Update: Israelis rally in the largest anti-government protest since the war in Gaza began
TEL AVIV, ISRAEL - MARCH 30: Protesters hold flame torches and set a fire as they are taking part in a demonstration calling for the release of hostages held in the Gaza Strip, and against Israeli prime Minister Benjamin Netanyahu and his government on March 30, 2024 in Tel Aviv, Israel. Israelis' frustrations with the government led by Benjamin Netanyahu have persisted as over 100 hostages remain captive in Gaza, after nearly six months of war between Israel and Hamas, the Palestinian militant group that attacked Israel on Oct. 7. (Photo by Amir Levy/Getty Images)
market news
The close: S&P 500 declines as manufacturing data lifts bond yields; energy and materials boost TSX
Traders work on the floor of the New York Stock Exchange during afternoon trading on March 27.
globe investor
Investors eye Fed rate cut, earnings as key to sustaining market rally
Traders work on the floor of the New York Stock Exchange during afternoon trading on March 27.
report on business
Investors eye Fed rate cut, earnings as key to sustaining market rally
FILE PHOTO: The Wall Street entrance to the New York Stock Exchange (NYSE) is seen in New York City, U.S., November 15, 2022. REUTERS/Brendan McDermid/File Photo