Search results
Asia Shares Rally on Hopes for More Rate Cuts This Week
US News & World Report· 1 day agoAsian share markets rose on Monday as investors looked forward to a rate cut in Europe, and quite possibly Canada, as the next step in global policy easing, though sticky ...
Factbox-As US Moves Towards Faster Stock Settlement, Where Are Other Countries?
US News & World Report· 7 days agoThe U.S. Securities and Exchange Commission adopted a rule in February 2023 to shorten the settlement cycle for securities transactions from two business days after the trade to one, beginning ...
Senior US Treasury Official Heads to Rome for Talks on Debt, Russian Assets
US News & World Report· 14 hours agoUndersecretary for International Affairs Jay Shambaugh will travel to Rome on June 3-6 for events focused on a range of issues, including high debt levels and food security ...
Canada's BMO Misses Profit Estimates on Higher Provisions, US Weakness
US News & World Report· 6 days agoThe U.S. is a focus market and the Canadian lender last year splurged $16.3 billion to buy regional player Bank of the West, seeking alternative paths for growth as competition intensified in ...
Canadian Economy Misses First-Quarter Growth Forecast, June Rate Cut Bets Up
US News & World Report· 4 days agoThe data prompted financial markets to increase bets on a 25 basis point interest rate cut next week to almost 80% from 66% earlier. The quarterly growth rate was slower than the 2.2% pace forecast ...
Morning Bid: Markets in Upbeat Mood as Factories Hum
US News & World Report· 1 day agoShare markets have started the week in a positive mood, helped in part by signs of accelerating factory activity across Asia where the private Caixin survey showed China's main factory index ...
Factbox-Who Is Kimbal Musk, the Tesla Director in Cowboy Hat?
US News & World Report· 3 days agoAlso coming up is the re-election of directors, including Musk's younger brother, Kimbal. Usually seen posing in a cowboy hat, Kimbal's bio on the Tesla website says he is an entrepreneur, activist ...
Morning Bid: Post-Break Wall Street Stays Pumped Up
US News & World Report· 7 days agoU.S. consumer confidence is expected to have cooled a touch this month in the Conference Board's monthly survey due later today, although the big release of the week is clearly Friday's PCE ...
Move to Faster Stock Settlement Creates Unique Hurdles for ETF Market
US News & World Report· 7 days agoThe primary impact will be felt by asset managers whose funds include European holdings, since China and India already have accelerated their settlement periods and Canada ...
Morning Bid: PCE Test for Nervy Markets
US News & World Report· 4 days agoThe Federal Reserve's favored PCE inflation gauge is due out early on Friday. Consensus forecasts for a 0.3% monthly increase in the core measure and annual rate stuck at 2.8% are still likely ...
