Why credit card rates remain high, even after interest rate cuts
Americans' credit card debt has hit a record high, the Federal Reserve of New York said in a report released this week.
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Energy stocks boost S&P/TSX composite Thursday, U.S. stock markets down
Canada's main stock index continued to rise Thursday, boosted by gains in energy stocks, while U.S. stock markets moved lower ...
Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
Crypto Markets Surge After Trump’s Victory
The crypto markets are buzzing post-election, with big players making huge moves and record-breaking news dropping every ...
Centre block renovation facing timeline and budget 'pressures'
The multi-billion-dollar renovation of parliament’s Centre block building continues to be on time and on budget, but ...
Gold slips to 2-month low on dollar strength; focus on US data
Markets are dismissing gold as a hedge against inflation, despite Trump's policies potentially raising US inflation.
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
Seattle-area inflation slows. Here’s what’s still driving up prices
New data published by the U.S. Bureau of Labor Statistics shows inflation is growing at a lower rate in the Seattle area, ...
Live updates: Australian share market to rise, US Fed chair says central bank not in a 'hurry' to cut rates
The Australian share market is set to rise this morning, while US Federal Reserve chair Jermome Powell pares back ...
Powell says the Fed doesn't need to be 'in a hurry' to reduce interest rates
"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.
Trump cabinet latest updates: Controversial anti-vaccine RFK Jr tapped to lead Health Department
Gaetz, whose nomination requires Senate approval, resigned from his seat in the US House of Representatives in light of the ...
Fed’s Powell: Rate cuts are still underway
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.