Stocks slide ahead of Powell’s speech
Traders work on the floor of the New York Stock Exchange during morning trading on August 12, 2024 in New York City. Michael M. Santiago | Getty Images News | …
Economy
Saudi Arabia’s spending is adopting a clear shift in strategy
Riyadh, Saudi Arabia. Xavierarnau | E+ | Getty Images Saudi Arabia is moving full steam ahead with its focus on domestic investment — and with that, higher requirements for foreigners …
Stocks slide ahead of Powell speech
Traders work on the floor of the New York Stock Exchange during morning trading on August 12, 2024 in New York City. Michael M. Santiago | Getty Images News | …
U.S. recession is coming and ‘a few rate cuts’ won’t prevent it: Strategist
An Aldi supermarket in Alhambra, California, US, on Thursday, June 27, 2024. Eric Thayer | Bloomberg | Getty Images Contrary to what many believe, investment research firm BCA Research sees …
Canada ‘monitoring’ railway shutdown impact on safe drinking water: Holland – National
Canada’s railway shutdown has halted freight trains nationwide, raising concerns about a potential critical shortage of essential goods, including chlorine needed for safe drinking water. Health Minister Mark Holland acknowledged …
Here’s everything to expect from Fed Chair Powell’s speech Friday in Jackson Hole
U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., July 31, 2024. …
Philadelphia Fed President Harker advocates for interest rate cut in September
Philadelphia Federal Reserve President Patrick Harker on Thursday provided a strong endorsement to an interest rate cut on the way September. Speaking to CNBC from the Fed’s annual retreat in …
Canadian rail services shut down as CN, CPKC workers locked out
Freight trains across Canada have come to a grinding halt and some commuter traffic is also suspended as thousands of workers at the country’s two main railway companies have been …
Fed minutes signal September rate cut
Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City. Michael M. Santiago | Getty Images This report …
Rail shutdown likely as labour minister says ‘significant issues’ remain – National
Canada’s labour minister said late Wednesday that “significant issues” remain in negotiations between the country’s two main rail companies and unions, making a nationwide rail shutdown almost certain. Labour Minister …