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Finance News — Page 91
Bank of Canada Holds 2.25% as Inflation Hits 3.2%
The Bank of Canada held its policy rate at 2.25% despite headline inflation rising to 3.2% in May, arguing the spike is oil-driven and temporary — but analysts say weak business investment and structu
BoC holds interest rate steady amid oil volatility, improving economy
Bank of Canada held rates at 2.25% for a sixth straight meeting despite a May CPI of 3.2% breaking above its 1-3% control band, with Governor Tiff Macklem citing improving domestic growth and easing e
Moynihan: 6% Spending Growth Powers 2% Economic Call
Bank of America CEO Brian Moynihan told Axios that consumer spending grew about 6% in Q2 despite affordability pain and sour sentiment, backing his forecast of at least 2% U.S. economic growth this ye
Buffett Slams Market Gambling Over Investing
Warren Buffett criticized the stock market for prioritizing speculative trading over long-term investing, warning that widespread gambling behavior makes finding true value increasingly difficult.
Treasury yields are flat as traders weigh encouraging inflation data vs. oil rebound
Treasury yields held nearly flat as traders weighed June's tamer-than-expected producer and consumer inflation prints against an oil price rebound driven by fresh U.S. strikes on Iran.
Morgan Stanley posts record quarterly revenue and profit as equities trading surges 69%
Morgan Stanley reported record second-quarter revenue and profit, driven by a 69% surge in equities trading, significantly outpacing analyst expectations and mirroring strong performance at major Wall
Bank of Canada Holds at 2.25% Amid Oil Shock
The Bank of Canada is widely expected to hold its benchmark rate at 2.25% for a sixth straight decision as renewed U.S.-Iran conflict pushes oil back near US$80 a barrel and tests the central bank's '
Bitcoin Eyes $80K August Target: Key Levels to Watch
Bitcoin analysts are mapping a potential path to $80,000 by August, with Michaël van de Poppe forecasting $68,000 within two weeks if BTC holds $61,000 support, while skeptics warn of declining volume
Ottawa owes it to investors to manage systemic risks and criminal enforcement in capital markets
The C.D. Howe Institute is urging Ottawa to prioritize systemic risk monitoring and criminal enforcement in Canada's capital markets rather than revive the stalled push for a single national securitie
Banks Are on a Goldilocks Run. Don’t Assume It Will Last. - WSJ
Wall Street bank earnings surged on the back of trading and investment banking, though the WSJ warns the 'Goldilocks run' may not hold as costs climb.
PayPal jumps 16% in premarket on report of Stripe, Advent $53 billion takeover offer
PayPal shares surged 16% in premarket trading Wednesday after Reuters reported Stripe and private equity firm Advent International submitted a joint $53 billion takeover offer at $60.50 per share, a 2
Stocks Rise as ASML Boosts AI Outlook, PPI Cools
A cooler-than-expected wholesale inflation print and ASML's bullish AI-demand call powered a broad US stock rally Wednesday, though oil climbed on President Trump's vow to intensify attacks on Iran.
Sensex Down 9.37% in 2026: History Favors Patient Investors
The BSE Sensex is down 9.37% in 2026 amid global trade tensions, but FundsIndia Research data covering 1980 through June 2026 shows 37 of 46 calendar years ended with positive returns despite regular
ASML Lifts Guidance Again, Nasdaq Futures Rise
ASML's record orders and second guidance lift of the year reignited the AI trade, sending Nasdaq-100 futures higher premarket and SK Hynix shares up nearly 9% in Korea.
Live markets: Bitcoin, ether ETFs draw inflows as majors rise as much as 5%
Bitcoin and ether spot ETFs snapped back with combined inflows of roughly $239 million, led almost entirely by BlackRock's IBIT and ETHA funds, as crypto ETF prices posted their strongest single-sessi
SK Hynix Surges 13% as AI Memory Shortage Deepens
SK Hynix shares jumped 12.7% in Seoul on Wednesday, fueled by softer US inflation data, Barclays' bullish ADRs coverage initiation, and analyst warnings that AI-driven memory chip shortages will deepe
US freezes $131M in Iran-linked crypto
The US has frozen $131 million in Iranian-linked cryptocurrency assets as part of its ongoing financial pressure campaign, expanding actions that have already seized around $1 billion in crypto since
Asia Stocks Surge as US CPI Posts First COVID-Era Drop
Global markets rallied Wednesday after a surprise 0.4% drop in US headline inflation in June eased rate-hike fears, sending Asian shares and short-end Treasuries higher while Brent crude steadied near
Lucid Denies Bankruptcy Report, Stock Still Plunges
Lucid Group denied reports it was weighing bankruptcy or going private, yet its stock continued to plunge on July 14 as the EV maker hired an advisory firm to guide a turnaround effort.
Bitcoin jumps on lowest US CPI since 2020 as traders stay wary of $64K failure
Bitcoin surged past $64,000 on Tuesday after June US CPI unexpectedly fell to 3.5%—the largest monthly drop since April 2020—though traders remained wary of rejection at key resistance.
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