Author of the article: SINGAPORE — Initial U.S. inspections of Chinese company audits have been completed ahead of schedule, Bloomberg News reported on Friday, citing anonymous sources familiar with the matter. Inspectors from the U.S. Public Company Accounting Oversight Board were set to leave as soon as this weekend, ahead of a mid-November schedule, Bloomberg… Continue reading U.S audit inspections in China finish early – Bloomberg News
Freeland unveils tax credits of 30-40% for investment in clean technology and hydrogen
‘Canada risks being left behind’ by massive incentives offered by U.S. Inflation Reduction Act Publishing date: Nov 03, 2022 • 6 hours ago • 3 minute read • 67 Comments Investment in the production of clean hydrogen could lead to a tax credit of at least 40 per cent. Photo by Krisztian Bocsi/Bloomberg Ottawa has proposed… Continue reading Freeland unveils tax credits of 30-40% for investment in clean technology and hydrogen
This Week in Cannabis Investing: Leafly Says Pot is More Valuable Than Potatoes
Leafly released its annual Cannabis Harvest Report revealing an unparalleled analysis of the last year of cannabis farming in the U.S. Cannabis surpassed potatoes and rice to become the sixth most valuable domestic crop, with Leafly estimating the value of legal cannabis at $5 billion. Adult-use cannabis is grown at more than 13,000 farms and… Continue reading This Week in Cannabis Investing: Leafly Says Pot is More Valuable Than Potatoes
Kiplinger’s Weekly Earnings Calendar (Nov. 7-11)
Below is a weekly earnings calendar of the most important upcoming quarterly reports scheduled to be released by publicly traded companies. However, we have also provided expanded earnings previews for select companies. Please check back often. This earnings calendar is updated weekly. Monday (11/4)Tuesday (11/5)Wednesday (11/6)Thursday (11/7)Friday (11/8) (Editor’s Note: Earnings dates in tables are tentative.… Continue reading Kiplinger’s Weekly Earnings Calendar (Nov. 7-11)
October Jobs Report: What the Experts Are Saying
The October jobs report easily topped economists’ expectations despite nearly unprecedented efforts by the Federal Reserve to introduce slack into a squeaky tight labor market. The Labor Department’s employment situation summary (opens in new tab) released Friday revealed that nonfarm payrolls expanded by 261,000 in October, well ahead of estimates for new job growth of… Continue reading October Jobs Report: What the Experts Are Saying
Stock Market Today: Stocks Fall Again as Fed Hangover Persists
Stocks closed lower for a fourth straight day Thursday as Federal Reserve Chair Jerome Powell’s warning from Wednesday’s press conference continued to ring in investors’ ears. Specifically, after the Fed raised rates another 75 basis points, Powell said it was “very premature” to expect the central bank to start talking about pausing its rate-hike strategy,… Continue reading Stock Market Today: Stocks Fall Again as Fed Hangover Persists
Investors bet the Fed will raise rates to 5.25% by mid-2023 as strong jobs report fuels views for more aggressive policy
Swap contracts Friday indicated investors expect the Fed’s policy rate to climb to 5.25% by June 2023. On Thursday, swaps pointed to an expected peak rate above 5.1% around mid-2023. Friday’s stronger-than-expected jobs data suggests the Fed will need to be more hawkish to cool inflation. Loading Something is loading. Thanks for signing up! Access… Continue reading Investors bet the Fed will raise rates to 5.25% by mid-2023 as strong jobs report fuels views for more aggressive policy
A pivot away from aggressive rate hikes is still coming even after Powell’s hawkish comments, and the Fed needs to stop flinching at rising stock prices, Fundstrat’s Tom Lee says
Jerome Powell struck a tough tone on Wednesday, but a dovish pivot by the Fed is still likely, Fundstrat says. Head of research Tom Lee said indicators will soon show inflation cooling down. He added the Fed needs to “stop flinching” at rising stock prices. Loading Something is loading. Thanks for signing up! Access your… Continue reading A pivot away from aggressive rate hikes is still coming even after Powell’s hawkish comments, and the Fed needs to stop flinching at rising stock prices, Fundstrat’s Tom Lee says
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