Jennifer Sor Brendan McDermid/Reuters US stocks jumped on Thursday on more signs of falling inflation and a cooling labor market. Investors cheered data that showed a big drop in the Producer Price Index in March. All three major indexes ended higher, with the S&P 500 notching its best day since February. Loading Something is loading.… Continue reading Dow soars 383 points as US stocks jump on more signs inflation is falling
Elon Musk edges closer to his ‘everything app’ dream as Twitter enables trading via eToro
Twitter has partnered with brokerage firm eToro to give users more financial data. If they choose to trade, they can also access eToro’s site through the social-media app. The collaboration is a step toward Musk’s plans to create an “everything app.” Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading Elon Musk edges closer to his ‘everything app’ dream as Twitter enables trading via eToro
Surging oil prices amid war in Ukraine helped push Exxon CEO’s pay up more than 50% in 2022
Exxon Mobil CEO’s total compensation increased 52% last year to $35.9 million. The company notched record profits on an oil boom amid Russia’s invasion of Ukraine. Executive-level pay increased along with Exxon’s share price, which surged nearly 80% in 2022. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading Surging oil prices amid war in Ukraine helped push Exxon CEO’s pay up more than 50% in 2022
Oil markets could see a supply shock of 2 million barrels a day this year as OPEC and Russia slash production
Global oil markets could see a supply deficit of 2 million barrels a day in the fourth quarter. That’s after OPEC and Russia announced steep cuts to crude production. Meanwhile, oil demand is expected to hit a fresh record high later this year. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading Oil markets could see a supply shock of 2 million barrels a day this year as OPEC and Russia slash production
Grieving is hard enough already; banks shouldn’t make it harder
Opening an estate account with the bank shouldn’t come with unnecessary roadblocks Published Apr 12, 2023 • 3 minute read A woman walks past bank buildings in Toronto. Photo by Peter J. Thompson/National Post files I wanted to cry, but I knew I had to do something about this. My mom never allowed us to… Continue reading Grieving is hard enough already; banks shouldn’t make it harder
‘Ask a lot of questions’ before deciding what to do with your tax refund: experts
It’s best to take a hard look at your finances before deciding what to do with your tax refund Author of the article: The Canadian Press Noushin Ziafati Published Apr 11, 2023 • Last updated 15 hours ago • 4 minute read Though it may be exciting to receive a tax refund, experts caution against impulse… Continue reading ‘Ask a lot of questions’ before deciding what to do with your tax refund: experts
Stock Market Today: Stocks Struggle After CPI, Fed Minutes
The latest inflation data sparked a choppy session for stocks Wednesday, with all three major indexes ending in the red. Data from the Bureau of Labor Statistics gave a mixed picture on consumer price growth in March, as the headline Consumer Price Index (CPI) slowed but core CPI, which excludes volatile food and energy prices,… Continue reading Stock Market Today: Stocks Struggle After CPI, Fed Minutes
Rising Prices: Which Goods and Services Are Driving Inflation?
The rate of annual inflation slowed to its lowest level in almost two years in March, the federal government said Wednesday, and yet rising prices continue to take a hefty toll on consumers’ budgets. The goodish news on inflation is that the Consumer Price Index (CPI) for March increased “only” 5% year-over-year, according to the… Continue reading Rising Prices: Which Goods and Services Are Driving Inflation?
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