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Canada's BMO Misses Profit Estimates on Higher Provisions, US Weakness
US News & World Report· 9 hours 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 ...
Canada, Mexico, Argentina Halve Trade Settlement to One Day
US News & World Report· 2 days agoCanada, Mexico and Argentina on Monday started to settle securities trades faster, halving settlement time to one day, in a move designed to reduce counterparty risk and improve ...
Meta Identifies Networks Pushing Deceptive Content Likely Generated by AI
US News & World Report· 3 hours agoMeta said on Wednesday it had found "likely AI-generated" content used deceptively on its Facebook and Instagram platforms, including comments praising Israel's handling of the war in Gaza published ...
Canada Orders Dissolution of Two Firms, Citing National Security Concerns
US News & World Report· 5 days agoCanada ordered on Friday the dissolution of two technology companies' businesses in the country, citing national security concerns. The companies, Bluvec Technologies Inc ...
Wall Street Says Shift to Faster Trade Settlement Smooth So Far
US News & World Report· 5 hours agoNEW YORK (Reuters) -The Securities Industry and Financial Markets Association (Sifma) said on Wednesday the transition to faster trade settlement was going smoothly, with some early numbers ...
Take Five: Inflation Watch
US News & World Report· 5 days agoMarkets are bracing for the shortening of trade settlements for U.S. securities, while South Africans will head to the polls in the most uncertain election in decades. Key U.S. inflation data ...
Asia Shares Inch Higher Before Inflation Tests
US News & World Report· 3 days agoAsian shares edged higher on Monday as investors braced for a busy week of data which culminates in a key U.S. inflation report that could set the stage for a cut in interest rates there, albeit ...
Move to Faster Stock Settlement Creates Unique Hurdles for ETF Market
US News & World Report· 1 day 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: Post-Break Wall Street Stays Pumped Up
US News & World Report· 1 day 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 ...
Canada March Retail Sales Down 0.2% as Spending Falls Across Sectors
US News & World Report· 5 days agoRetail sales in March dropped by 0.2% as consumers curtailed purchases of furniture, home furnishings, electronics and appliances, Statistics Canada said, adding that for ...
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