Canada, U.S. stock markets rise following labour data from both countries
TORONTO — Canada’s main stock index rose nearly 250 points on Friday, as investors sifted through the latest employment figures. The domestic job market took a...
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Some of the urgency is gone for a Fed rate hike in September after a soft jobs report
The chances of a hike remain, with upcoming inflation reports a key focus for Fed officials.
Trump renews push to fire Fed Governor Lisa Cook
Trump is once again threatening to fire Cook over unproven allegations of mortgage fraud after an earlier effort to remove Cook was struck down by the Supreme Court.
Tinubu Wishes Fidelity Bank’s First MD, Arah, Continuous Life Impact At 75
President Tinubu has wished a banking icon and the first Managing Director of Fidelity Bank, Nenolisa Arah, many more years and a continuous life of impact as he...
US Consumer Credit Jumps $14.17B in June, Topping Forecasts
BitcoinWorld US Consumer Credit Jumps $14.17B in June, Topping Forecasts U.S. consumer credit increased by $14.17 billion in June, surpassing economists’...
Dollar Retreats and Gold Rallies on Fed Rate Hike Doubts
The dollar index (DXY00 ) dropped to a 7-week low on Friday and finished down -0.41%. The dollar tumbled on Friday after the US July payroll report showed an...
Reform Calls for Probe Into Streeting Over SBF-Linked...
What Is The Connection Between Streeting And Bankman-Fried? Reform UK Chairman Lee Anderson has called for a parliamentary investigation into Defence Secretary Wes...
Forecasting the upcoming week: US inflation takes center stage next week
The US Dollar Index (DXY) fell below the 100.00 region after sinking through Friday's session. July Nonfarm Payrolls (NFP) showed the US economy shedding 23K jobs...
Stock market hits records as Fed removes key safety net
Wall Street just got the milestone investors have been waiting for. The S&P 500hit new highs this week, and the Dow Jones Industrial Average closed above 54,000 for...
Consumer Credit Jumps More Than Expected In June As Credit Card Debt Spikes
Consumer Credit Jumps More Than Expected In June As Credit Card Debt Spikes One month after the May consumer credit posting a shocking decline - the first since...