Economy
BoC Ready to Hike Rates if Energy Prices Fuel Broader Inflation
Bank of Canada Governor Tiff Macklem told MPs that interest rate hikes are possible if high energy prices lead to persistent, generalized...
The Editorial Team 606 articles
Stocks
Asian Equities Climb on Tech Strength, Dollar Retreats
Asian stocks advanced, driven by robust corporate earnings in the technology sector, while the US dollar edged lower against major currencies. Oil...
Finance
NAB Misses Profit Estimates Amid Software Expenses, Credit Provisions
National Australia Bank Ltd. missed first-half profit estimates, reporting A$2.64 billion. Higher software costs and increased credit provisions weighed on earnings.
Markets
Asia-Pacific Dollar Bond Issuance Jumps 67% in April
Asia-Pacific's dollar bond market recorded its strongest April in five years, with $38 billion in offerings, driven by a ceasefire in the...
World Business
OPEC+ Adds Modest Output as Iran Blocks Hormuz Strait
Seven OPEC+ nations agreed to a modest 188,000 bpd production rise for June. The increase is symbolic, overshadowed by Iran's blockade of...
Economy
Tariff Refunds: Billions at Risk as Small Businesses Fight for Repayment
After the Supreme Court invalidated Trump-era tariffs, many U.S. businesses, particularly small importers, face significant hurdles in claiming promised refunds, potentially leaving...
Stocks
Berkshire Cash Hits Record High in Abel’s Inaugural CEO Quarter
Berkshire Hathaway's cash reserves surged to an all-time high of $397 billion in Greg Abel's first quarter as CEO, alongside a jump...
Investing
Bessent Warns Against ‘Easy Money’ Traps, Urges Financial Literacy
Treasury Secretary Scott Bessent expresses concern over the allure of quick riches, advocating for robust financial education to steer Americans toward stability.
World Business
Trump Broadens Cuba Sanctions, Threatening Foreign Business
New U.S. sanctions could force international companies to abandon Cuba, as the Trump administration escalates pressure on the island's government.