Kohl’s (KSS) has had a tumultuous year and that’s just since the start of third quarter. It started when Kohl’s ended talks with hopeful purchaser Franchise Group (FRG) , citing a volatile market. Kohl’s then took some surprising marketing turns in attempt to reach new audiences within the retail market. Kohl’s launched Discover @ Kohl’s… Continue reading Kohl’s Will Pay You to Shop at its Stores
Elon Musk starts cutting jobs at Twitter as staff seen leaving with boxes
Cuts started right after the deal closed Thursday Author of the article: Publishing date: Oct 28, 2022 • 21 hours ago • 1 minute read • 8 Comments Twitter headquarters in San Francisco, California, on Oct. 28. Photo by Nic Coury/Bloomberg Elon Musk has started to cut employees at Twitter Inc. Advertisement 2 This advertisement has… Continue reading Elon Musk starts cutting jobs at Twitter as staff seen leaving with boxes
David Rosenberg: Canada’s housing bubble has burst — now brace yourself for the economic hit
The upcoming recession could be deeper than what Bay Street folks are expecting Publishing date: Oct 28, 2022 • 1 day ago • 3 minute read • 73 Comments Canadian home prices are now down nine per cent from their peak en route to a 30 per cent or so decline, says David Rosenberg. Photo by… Continue reading David Rosenberg: Canada’s housing bubble has burst — now brace yourself for the economic hit
Kevin Carmichael: Why Tiff Macklem is willing to risk a recession to crush inflation
Macklem is unwilling to risk giving inflation any oxygen, suggesting he’s prepared to push rates higher Publishing date: Oct 27, 2022 • 1 day ago • 5 minute read • 22 Comments Bank of Canada governor Tiff Macklem at a news conference in Ottawa, on Oct. 26. Photo by Patrick Doyle/Reuters Bank of Canada governor Tiff… Continue reading Kevin Carmichael: Why Tiff Macklem is willing to risk a recession to crush inflation
Amazon, Apple shares drop as stocks fall for a second day
Meta Platforms suffered its worst one-day drop since February Author of the article: Bloomberg News Isabelle Lee and Vildana Hajric An Apple store in Bordeaux, France. Photo by Regis Duvignau/Reuters files Wall Street contended with another volatile session as investors mulled the Federal Reserve’s path of interest-rate hikes while assessing mixed economic data and a… Continue reading Amazon, Apple shares drop as stocks fall for a second day
FP Explains: Behind the Bank of Canada’s surprise 50 bps rate hike
This advertisement has not loaded yet, but your article continues below. Watch: Finance reporter Stephanie Hughes breaks down the central bank’s October interest rate hike A woman walks past the Bank of Canada headquarters in Ottawa. Photo by Adrian Wyld/The Canadian Press files Article content Stephanie Hughes, finance reporter for Financial Post, breaks down the… Continue reading FP Explains: Behind the Bank of Canada’s surprise 50 bps rate hike
When You Die, What Happens to Your Bitcoin?
According to the Cremation Institute (opens in new tab), nearly 90% of cryptocurrency owners are worried about what will happen to their digital assets after they die. It turns out that they have good reason to worry. Presently, there are over 12,000 different cryptocurrencies globally, making tracking them a challenge, especially if the owner becomes… Continue reading When You Die, What Happens to Your Bitcoin?
Stock Market Today: Stocks Sizzle on Hopes for a More Dovish Fed
Markets ended the week on a positive note Friday, finishing sharply higher after some economic data raised the possibility of a slower pace of rate hikes from the Federal Reserve. The blue-chip Dow Jones Industrial Average soared 2.6% to finish at 32,861, while the broader S&P 500 jumped 2.5% at 3,901. The tech-heavy Nasdaq Composite… Continue reading Stock Market Today: Stocks Sizzle on Hopes for a More Dovish Fed