Article content Canada’s main stock index slipped on Wednesday, as a drop in oil prices knocked energy stocks lower and heavyweight cannabis stocks came under pressure from a report about U.S. regulation of popular cannabis compound CBD. At 10:15 a.m. ET (1515 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 90.97 points, or […]
Article content Gold prices on Wednesday edged lower from last session’s six-month peak on short-term profit taking as the market sought fresh drivers, and a drop in Treasury yields and the dollar capped losses. Spot gold fell 0.7% to $1,801.75 per ounce by 10:27 a.m. ET (1527 GMT), having hit its highest since the end […]
Breadcrumb Trail Links PMN Business Article content U.S. natural gas futures edged higher on Tuesday as winter storms across the country curtailed gas output over the weekend offseting pressure from forecasts for less cold weather and lower demand Financial Post Top Stories Sign up to receive the daily top stories from the Financial Post, a […]
Article content Gold prices rose on Tuesday as optimism surrounding top consumer China’s decisions to further ease COVID-19 restrictions weighed on the dollar, while resilient U.S. yields cast a shadow over non-yielding bullion’s advance. Spot gold rose nearly 1% to $1,814.69 per ounce by 10:15 a.m. ET (1515 GMT). U.S. gold futures were up 1% […]
Article content Southwest Airlines Co led U.S. airline cancellations on Tuesday as the low-cost carrier struggled to recover from harsh winter weather that has wrecked holiday plans for many. Shares of the Dallas-based airline were down 5.3% at $34.19 in morning trade, after it canceled 2,523 flights for Tuesday as of 9.42 am ET. That […]
Article content The S&P 500 and tech-heavy Nasdaq fell on Tuesday, led by declines in some megacap growth stocks and Tesla, with optimism around China further easing its COVID-19 curbs limiting losses on the indexes. Tesla Inc slid 5% after Reuters reported that the electric vehicle maker plans to extend a reduced production schedule at […]
Article content MADRID (AP) — Spain on Tuesday announced a new series of measures including scrapping valued-added tax on staple food, such as bread and milk, and is extending rent and eviction controls to help ease the economic crisis caused by Russia’s war in Ukraine. Prime Minister Pedro Sanchez announced the measures in an end-of-year […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Associated Press Published Dec 26, 2022 • 3 minute read Join the conversation Article content NEW YORK (AP) — Holiday sales rose this as American spending remained resilient during the critical shopping season despite surging prices on everything from food to rent, according […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Leanne Italie Published Dec 26, 2022 • 5 minute read Join the conversation Article content NEW YORK (AP) — The season’s triple-virus threat notwithstanding, parties are back, and they’ve brought with them the potential for some dress code chaos. White tie, black tie, […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Hope Yen And Tom Krisher Published Dec 26, 2022 • 7 minute read Join the conversation Steel, which began going up in November, continues Monday, Dec. 5, 2022, to form the first of two manufacturing plants as part of the BlueOval SK Battery […]