Canadian investors and borrowers are on the edge of their seats as they
Federal Reserve policymakers have been obsessed with when they may safely lower interest rates to avoid a recession without impeding the path to 2% inflation.
High interest rates have created strong headwinds for the global energy transition, according to a new report by Wood Mackenzie.
KeyCorp reported a 33.5% drop in first-quarter profit on Thursday as its net interest income was eroded by higher deposit costs and elevated interest rates kept borrowers on the sidelines. U.S. banks have been grappling with increased funding costs as elevated interest rates prompt customers to move cash from banks to safe-haven higher-yielding alternatives like money-market funds for better returns. Net interest income (NII), or the difference between what a bank earns on loans and pays out...
Electric vehicle registrations rose in recent years despite interest rates also rising. Experts caution Canada's transition to EVs could still be challenging.
Regular mammograms to screen for breast cancer should start younger, at age 40, according to an influential U.S. task force. Women ages 40 to 74 should get screened every other year, the group said. Previously, the task force had said women could choose to start breast cancer screening as young as 40, with a stronger []
Experian reports on what may be behind an increase in consumer personal debt including credit card, auto loan and mortgage payments.
Wind PPA prices continue to rise as ongoing inflationary pressures limit development and make some new projects unprofitable, according to LevelTen Energy.
The House of Representatives passed legislation over the weekend that would broaden sanctions against Iran's oil exports
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".
The share of ARM applications rose to 7.8% of mortgage demand last week, according to the Mortgage Bankers Association. That is the highest level of the year.
Micro Trumps Macro As Stocks Shrug Off Week Of Higher Inflation, Higher Rates, & Lower Growth It was an ugly macro week Source: Bloomberg and worse still, 'growth' surprises disappointed significantly while 'inflation' surprises surprised to the upside significantly Source: Bloomberg Soaring inflation expectations sent rate-cut expectations to new cycle lows Source: Bloomberg pushing yields higher across the board (led by the long-end) Source: Bloomberg But, stocks...