Higher interest rates here to stay until 2024: CIBC
Watch: 'They have to make sure that inflation is dead before they start cutting interest rates'
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Disney World unions vote down offer covering 45,000 workers
ORLANDO, Fla. (AP) — Union members voted down a contract proposal covering tens of thousands of Walt Disney World service workers, saying it didn’t go far enough toward helping employees face cost-of-living hikes in housing and other expe
read moreRoute to Super Bowl is long, dangerous for Mexican avocados
SANTA ANA ZIROSTO, Mexico (AP) — It is a long and sometimes dangerous journey for avocados destined for guacamole on tables and tailgates in the United States during the Super Bowl. It starts in villages like Santa Ana Zirosto, high in the mist
read moreIndian watchdog tells investors markets stable despite Adani rout
MUMBAI — India’s market regulator moved to calm investor concerns on Saturday, saying that its financial markets remain stable and continue to function in a transparent and efficient manner, despite recent dramatic stock falls in Adani Gr
read moreBond correction coming: What an economist and an investor say about inflation
FP Video looks at where markets and the economy are headed
read moreDentalis Animal Health appoints Advisory Board
MONTREAL — Dentalis Animal Health, a company specializing in Oral Health care for companion animals, has announced the appointment of its Advisory Board. Michael Kelly Michael Kelly is an Animal Health Pharmaceutical Industry veteran with broad
read moreAdani Bondholders Turn to Advisers as Crisis Engulfs Indian Firm
Bondholders of Adani Group firms are holding initial conversations with financial advisers and lawyers to weigh their options after the unfolding crisis at the Indian conglomerate sent several dollar obligations into distressed territory.
read moreState of the Union: Biden sees economic glow, GOP sees gloom
WASHINGTON (AP) — Going into Tuesday’s State of the Union address, President Joe Biden sees a nation with its future aglow. Republicans take a far bleaker view — that the country is beset by crushing debt and that Biden is largely r
read moreForget Trump, Democrats Are Preparing Ways to Beat a DeSantis Campaign
Age, experience could be DeSantis strengths with Biden voters
read moreItaly Finances Not Threatened by ECB Rate Hikes, Visco Says
Increased borrowing costs at the European Central Bank so far aren’t interfering with Italy’s ability to keep financing its debt load, according to Governor Ignazio Visco.
read moreWhy are Peruvian politics such a mess? Inside the halls of its Congress
LIMA — As deadly protests rage across Peru, a political battle is unfolding inside the halls of Congress, walled off from the streets by hundreds of police, armored vehicles and a maze of gates. Lawmakers are at loggerheads over whether to hold
read moreCharting the Global Economy: Fed, BOE, ECB Near Peak Rate Levels
The Federal Reserve, Bank of England and European Central Bank all conceded that while inflation is cooling in their respective regions, more interest-rate hikes are needed to ensure price stability.
read moreForeign portfolio investors in India to pay higher tax on debt securities -official
New Delhi — Foreign portfolio investors will lose a preferential tax rate on interest from Indian government securities and corporate and foreign currency bonds, a senior tax official said on Saturday. Foreign portfolio investors have been enjo
read moreAdani Flagship Shelves $122 Million Bond Plan After Market Rout
Adani Enterprises Ltd. has shelved a plan to raise as much as 10 billion rupees ($122 million) via its first-ever public sale of bonds following a market rout, according to people familiar with the matter.
read moreTesla raises Model Y prices by $1,000 after U.S. relaxes tax credit terms
Tesla Inc raised prices in the United States of its best-selling vehicle, the Model Y, by $1,000 after the government raised the ceiling on the price of crossover electric vehicles eligible for tax credits. Tesla increased the price of the Model Y Lo
read moreUK Stocks Just Hit a Record. That Might Be as Good as It Gets
UK stocks just hit a record high, defying the country’s gloomiest economic outlook in decades. Scratch the surface, however, and the market is already falling behind.
read moreGerman Energy Reprieve Too Little, Too Late to Save Factory Jobs
With gas prices down from record highs, Germany has seen a surge of optimism that the worst of the energy crisis has passed. But for the country’s biggest industrial producers, the long-term picture remains dismal.
read moreCity of Vacaville Introduces Next Generation to Biotechnology and Advanced Manufacturing
Vacaville high school students explore local career opportunities to honor National Career Technical Education Month VACAVILLE, Calif., Feb. 03, 2023 (GLOBE NEWSWIRE) — February is National Career Technical Education (CTE) Month, and the City o
read moreHackers who breached ION say ransom paid; company declines comment
WASHINGTON — The hackers who claimed responsibility for a disruptive breach at financial data firm ION say a ransom has been paid, although they declined to say how much it was or offer any evidence that the money had been handed over. ION Grou
read moreWall St Week Ahead-Signs of market strength cheer U.S. stocks bulls
NEW YORK — U.S. stock bulls are taking heart from a range of market signals pointing to an upbeat year for Wall Street, as equities sit on impressive gains despite worries that the Federal Reserve’s monetary policy tightening may plunge t
read moreHackers who breached ION say ransom paid; company declines comment
WASHINGTON — The hackers who claimed responsibility for the disruptive breach at financial data firm ION say a ransom has been paid, although they declined to say how much it was or offer any evidence that the money had been handed over. ION Gr
read moreTop Economic Events to March 30
Feb 4(Reuters) – For other diaries, please see: Top Economic Events Emerging Markets Economic Events Government Debt Auctions Political and General News U.S. Federal Reserve Today in Washington ———————&
read moreOlympia Financial Group Inc. Announces February Dividend
CALGARY, Alberta — Olympia Financial Group Inc. (TSX: OLY) announces that its Board of Directors has declared a monthly cash dividend on its common shares of $0.35 per common share. The dividend will be payable on February 28, 2023, to sharehol
read moreConcrete traps CO2 soaked from air in climate-friendly test
SAN JOSE — A California startup using rocks to soak up carbon dioxide from the air has teamed up with a Canadian company to mineralize the gas in concrete, a technological tie-up that is a first and they say could provide a model for fighting c
read moreCME cattle futures climb as smaller U.S. herd attracts spec buyers
CHICAGO — Chicago Mercantile Exchange live cattle futures set life-of-contract highs on Friday as a government report this week showing reduced U.S. cattle supplies continued to inspire speculative buying, traders said. A seasonal slide in whol
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