The Bank of Canada Monitors Potential Mortgage Renewal Fallout
The Bank of Canada expresses concern over potential fallout from mortgage renewals, as millions of households could face higher loan payments. Economists warn of the risk this poses to the Canadian economy.
U.S. Export Sales Show Significant Improvement
Export sales of U.S. grains have experienced a notable increase, according to the latest report from the Department of Agriculture.
Cineplex Reports Strong Q3 Revenue Despite Decline in Profit
Cineplex reports strong Q3 revenue with a decline in profit but achieved highest quarterly revenue ever due to hit movie releases. Categories: Business, Entertainment. Tags: Cineplex, Q3 earnings, movie industry. Keywords: Cineplex, Q3 reve...
Fusion Antibodies Faces Revenue Setback
Shares of Fusion Antibodies drop after revenue falls short, but the company remains optimistic about future growth prospects despite the setback.
Hapag-Lloyd Forecasts Challenging Quarters Ahead Amidst Declining Freight Rates
German shipping company, Hapag-Lloyd, issues warning about challenging times ahead due to declining freight rates and subdued market environment.
Disney Reports Strong Earnings and Soaring Streaming Users
Disney exceeded expectations with strong earnings and a growing streaming user base. Despite challenges and competition, the company remains focused on profitability and growth in the streaming industry.
Affirm Reports Strong Revenue Growth
Affirm Holdings Inc. reported impressive financial results, with strong revenue growth and surpassing expectations. The company also experienced a surge in after-hours trading. Looking ahead, Affirm anticipates continued growth in the next...
Changing of the Guard at the Cleveland Federal Reserve
Loretta Mester, president of the Cleveland Federal Reserve, will retire in June 2024, marking a changing landscape within the Federal Reserve. Several regional Fed banks have recently seen new leadership appointments.
Drop in Treasury Yields Lowers Mortgage Costs
Last week witnessed a significant drop in Treasury yields, resulting in lower costs for home buyers. The average 30-year fixed mortgage rate experienced a decline from 7.86% to 7.61%, marking its most considerable one-week drop since July 2...
Roblox Inc. Sees Positive Financial Results in Q3
Roblox Inc. reports better-than-expected losses and increased revenue in Q3, with strong user growth and an optimistic outlook for the future.