The Japanese yen fell to fresh 34-year lows against the U.S. dollar after the Bank of Japan decided to keep interest rates on hold. The currency briefly spiked to 154.97 per dollar at one point, perhaps in hope that authorities may finally intervene to support the embattled yen. Not only did the BOJ dash hopes that rate hikes may be around the corner, but economic data compounded that assessment.
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Trade volumes from partners such as Turkey and China have slagged in the first quarter, as foreign dealers pullback amid a US sanctions threat.
Loonie under pressure as U.S. dollar soars and Bank of Canada looks set to cut rates, says TD
"Rarely have I seen such a true win-win scenario for the government, Wall Street and the U.S. consumer."
Known as the Oracle of Omaha, Warren Buffett is one of the most successful investors of all time. He started his first investment partnership in 1956 with a few friends and family. An investment in...
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Canada can cope with a weaker dollar; in fact the country needs it
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A cyber security expert is warning about a possible e-transfer scam that puts money in your bank account — with an unfortunate catch.
After months of pointing at big changes to come, the province says legislation to reform Alberta's auto insurance system could be coming this fall.In a mandate letter last July, Premier Danielle Smith tasked Minister of Affordability and Utilities Nathan Neudorf with providing short- and long-term recommendations to make car insurance more affordable.Four months later, in a press conference, Smith rolled out some short-term plans, including the introduction of a 3.7 per cent rate hike cap on ins
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In this article, we will take a detailed look at Jim Cramer Says “Hang On To Stocks” and Recommends 10 Stocks to Buy. If you want to skip our detailed analysis and see the top 5 stocks in this list, click Jim Cramer Says “Hang On To Stocks” and Recommends 5 Stocks. Cramer Thanks Powell for “All-Clear” Sign […]
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A deadline is looming for millions of businesses who may be entitled to a payout in a $5.5 billion antitrust settlement with Visa and Mastercard. The settlement stems from a 2005 lawsuit that alleged merchants paid excessive fees to accept Visa and Mastercard credit cards, and that Visa and Mastercard and their member banks acted in violation of antitrust laws. Any businesses that accepted Visa and/or Mastercard credit or debit cards in the U.S. between January 1, 2004 and January 25, 2019 may be eligible to receive part of the settlement.
The Truth Social owner said it fired its auditing firm BF Borgers and hired a replacement over the weekend.
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MOSCOW (Reuters) -Russia's finance ministry said on Monday that it would halve its purchases of foreign currency and gold in the month ahead, a move that will increase the state's overall forex sales. The finance ministry said its purchases of foreign currencies and gold for the period from May 8 to June 6 would amount to the equivalent of 110.94 billion roubles ($1.21 billion), or 5.55 billion roubles per day. Due to other interventions the central bank carries out, the Russian state will continue making FX sales throughout May with overall sales increasing to 6.3 billion roubles from 0.6 billion roubles a day in the previous month.
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