Yahoo Finance Canada presents CRISIS MANAGEMENT, a livestream show on the Canadian economy that builds a crisis playbook during COVID-19 times and beyond.
Dialogue Health Technologies Inc. (TSX:CARE) is a growth stock worth watching in the burgeoning telehealth space. The post Dialogue Health: Why I’m Buying This Reeling Growth Stock Today appeared first on The Motley Fool Canada.
ATLANTA/ SAN FRANCISCO (Reuters) -U.S. central bankers broadly back two more big interest rate hikes in June and July, but what happens after is a matter of intense internal debate that turns in large part on differing views of how price pressures will play out in months ahead. To Atlanta Fed President Raphael Bostic, once the Federal Reserve has delivered half-of-a-percentage point rate hikes as Chair Jerome Powell has signaled, "a pause in September might make sense." "I think a lot of it will depend on the ground dynamics that we are starting to see" both of the inflation the Fed is trying to contain and the impact of higher interest rates on the economy, he told the Rotary Club of Atlanta on Monday.
The market pullback is giving retirees a chance to buy top high-yield dividend stocks at cheap prices for a TFSA focused on passive income. The post TFSA Passive Income: 2 Top TSX Stocks for Canadian Retirees appeared first on The Motley Fool Canada.
Multiple threats to the global economy topped the worries of the world's well-heeled at the annual Davos think-fest on Monday, with some flagging the risk of a worldwide recession. Among the major threats to economic growth, IMF First Deputy Managing Director Gita Gopinath told Reuters that the conflict in Ukraine could escalate, adding: "You could have sanctions and counter sanctions." IMF Managing Director Kristalina Georgieva said the war, tighter financial conditions and price shocks - for food in particular - have clearly "darkened" the outlook in the month since the IMF cut its global growth outlook, though she is not yet expecting a recession.
If you're looking to buy high-quality energy stocks that are reliable and that you can hold for years, here are two of the best to consider. The post 2 of the Best Canadian Midstream Energy Stocks to Buy Now appeared first on The Motley Fool Canada.
HOUSTON (Reuters) -British proxy adviser PIRC on Monday urged Exxon Mobil Corp shareholders to vote against the re-election of five directors, including Chairman Darren Woods, at an annual general meeting on Wednesday. PIRC, or Pensions & Investment Research Consultants, is the latest proxy firm to urge investors to oppose proposals by the oil major's board. PIRC said Woods, which also serves as chief executive officer, should be held accountable as chairman for assuring the company's strategy to meet Paris-aligned goals to reduce carbon emissions.
TOKYO (AP) — President Joe Biden faced a dilemma on trade in Asia: He couldn't just rejoin the Trans-Pacific Partnership that his predecessor had pulled the U.S. out of in 2017. Many related trade deals, regardless of their content, had become politically toxic for U.S. voters, who associated them with job losses. So Biden came up with a replacement. During Biden's visit to Tokyo, the U.S. on Monday announced the countries that are joining the new Indo-Pacific Economic Framework. In the traditio
South Korea's central bank is likely to hike its benchmark rate at a second consecutive meeting on Thursday to combat inflation running at more than double its target, taking rates higher by year end than previously thought, a Reuters poll showed. Inflation has stayed above the central bank's target of 2.0% for more than a year. All but one of the 28 economists polled May 17-23 forecast the Bank of Korea (BoK) will raise its policy rate by 25 basis points to 1.75% at its May 26 meeting.
DAVOS, Switzerland (AP) — Kremlin critic Bill Browder wants governments to step up efforts to get to the riches squirreled away by Russian oligarchs and linked to President Vladimir Putin by forcing the accountants, lawyers and others who set up murky legal and financial structures to become whistleblowers. Browder, author of the nonfiction best-seller “Freezing Order: “A True Story of Money Laundering, Murder and Surviving Vladimir Putin’s Wrath,” says Russia’s war in Ukraine has increased atte
European Central Bank President Christine Lagarde openly admitted for the first time what investors had already been betting on for a while: negative interest rates, a eurozone feature for eight years, will most likely be gone by the end of summer. With inflation running at a record 7.4% in the euro zone and money markets pricing over 100 basis points of hikes by end-2022, the candid tone of Lagarde's announcement was perhaps the most surprising news for investors. Government bond yields firmed, the euro rose and Lagarde will have a chance to give more details when she speaks at Davos after a fresh batch of indicators on European business activity.
(Reuters) -JPMorgan Chase & Co lifted its forecast for interest income and affirmed its profitability target at its investor conference on Monday, sending its stock 6% higher despite persistent questions about how much more it will spend on its businesses. The country's largest lender said it expects net interest income (NII), excluding markets, of $56 billion in 2022. Investors are keeping a close eye on the prospects for banks to earn more from net interest income, the difference between income from loans and interest paid on deposits and other funds, as they benefit from higher interest rates.
A New Mexico facility where researchers work to restore forests devastated by fires faced an almost cruelly ironic threat: The largest wildfire burning in the U.S. was fast approaching. Owen Burney and his team knew they had to save what they could. Atop their list was a priceless bank of millions of ponderosa pine, spruce and other conifer seeds meant to help restore fire-ravaged landscapes across the American West. Next were tens of thousands of tree sprouts, many of which were sown to make th
Also sworn in on Monday were Lael Brainard as the Fed's new vice chair, and the two newest members of the Fed's Board of Governors, Philip Jefferson and Lisa Cook, who are both Black economists, the Fed said in a statement. Powell was nominated for his first term as Fed chief by former President Donald Trump, then was chosen by President Joe Biden last November to serve another four years.
Oil prices are soaring, and nothing seems to be stopping their rise. These two oil stocks could be excellent investments amid the current situation. The post 2 TSX Oil Stocks That Have Gained Over 45% in 2022 appeared first on The Motley Fool Canada.
Seattle-based Starbucks has 130 stores in Russia, operated by its licensee Alshaya Group, with nearly 2,000 employees in the country. Starbucks' decision to wind down its operation in Russia is different to the approach some other foreign companies have taken. McDonald's last week said it was selling its restaurants in Russia to its local licensee Alexander Govor to be rebranded under a new name, but will retain its trademarks, while France's Renault is selling its majority stake in Russia's biggest carmaker with an option to buy back the stake.
Galaxy Digital Holdings Ltd. (TSX: GLXY) ("Galaxy Digital"), a financial services and investment management innovator in the digital asset, cryptocurrency, and blockchain technology sectors, today announced its investor conference participation schedule for June. Mike Novogratz, Founder & CEO, will be speaking broadly to the latest trends emerging within, and shaping the maturation of, the digital assets sector at the following events.
Dividend earners can stay invested, despite the extreme market volatility provided they shift to two low-volatility stocks. The post Dividend Earners: Stay Invested in 2 Low-Volatility Stocks appeared first on The Motley Fool Canada.
LONDON (Reuters) -Boohoo has reached a final settlement over a U.S. class action claim alleging the British online fashion retailer's promotions in California misled shoppers, it said on Tuesday. Boohoo said the settlement is without admission of liability and within its existing legal provisions, which stood at 17.8 million pounds ($22.4 million) as of Feb. 28. The settlement remains subject to review and approval by the United States District Court for the Central District of California.
In an extraordinary general meeting (EGM) held on Monday, 96.26% of shareholders who were present and voting, voted in favor of delisting Didi's American Depositary Shares from the NYSE, the company said. Of the 1.2 billion shares outstanding as of April 28 this year, members holding roughly 811.44 million shares cast their votes in the EGM.
DAVOS, Switzerland (Reuters) -Global private equity firm General Atlantic plans to plough $2 billion into India and Southeast Asia over the next two years after falling valuations made the region's startups more attractive, a senior executive told Reuters. General Atlantic is in early-stage investment talks with about 15 companies in sectors including technology, financial services, retail and consumer, Sandeep Naik, the head of its business in India and Southeast Asia, said in an interview.
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