Canada Labor Market Crushes Forecasts, Sending Loonie Higher
(Bloomberg) — Canadian employment grew for a fourth straight month, and the broad gains strengthen the case for the Bank of Canada to hike interest rates again later this month.
(Bloomberg) — Canadian employment grew for a fourth straight month, and the broad gains strengthen the case for the Bank of Canada to hike interest rates again later this month.
(Bloomberg) — The National Football League’s Houston Texans agreed to buy carbon credits from Occidental Petroleum Corp. to offset the impacts of the team’s air travel to games in other cities.
The Middle East is expected to become one of the fastest growing markets for luxury in 2023, according to Barclays Plc analysts, with the owners of Louis Vuitton and Cartier best placed to benefit.
European tech companies that work with the defense industry, long an investment taboo for many venture capital firms, are drawing record amounts of funding in the wake of Russia’s invasion of Ukraine.
Sam Bankman-Fried is trying to persuade a US court that he should be able to access Robinhood shares worth around $450 million to help pay for his legal fees.
The New York judge overseeing the state’s civil fraud suit against Donald Trump and his sprawling real-estate company is losing patience with the former president’s argument that the case is a “witch hunt.”
(Bloomberg) — The US labor market stayed strong last month and wage gains cooled, reducing risks of a near-term recession and giving the Federal Reserve room to slow interest-rate hikes.
The $6.5 trillion US ETF industry boomed in 2022 as innovative product debuts and market volatility fueled a near-record number of launches. But the fanfare revealed a major flaw in the space: the lack of women helming the funds.
The structure of the Bed Bath & Beyond Inc. bankruptcy likely to hit in the coming weeks will revolve mainly around the fate of its prized Buybuy Baby brand, which comprises much of the company’s value.
(Bloomberg) — Southwest Airlines Co. said it expects a fourth-quarter loss as it grapples with costs associated with an operations meltdown that forced it to cancel more than 16,700 flights in late December.