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CUSMA Breakdown Could Cost Jobs in Canada, US

A new economic report warns that the collapse of the Canada-US-Mexico Agreement could result in significant job losses and economic disruption on both sides of the border. Trade Agreement Breakdown Could Impact Jobs A report prepared for the Canadian American Business Council
s&p-500-falls-as-tech-stocks-decline

S&P 500 Falls as Tech Stocks Decline

US stocks moved lower as investors reacted to weakness in major technology companies and renewed uncertainty over the reopening of the Strait of Hormuz. Technology Stocks Pressure Major Indexes The S&P 500 declined 0.32% on Tuesday, closing at 7,728.20 and marking its
us-stocks-slip-as-oil-prices-rise

US stocks slip as oil prices rise

US stocks edged lower from their record highs on Monday, while oil prices climbed as uncertainty remained over when the Strait of Hormuz could reopen and restore global crude shipments. The S&P 500 declined 0.1% from Friday’s record close. The Dow Jones
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Gold and silver rise as markets weigh Fed risks

Gold and silver prices moved higher in late-afternoon US trading on Monday as investors balanced weaker labour market data from last week against rising oil prices, higher Treasury yields and renewed expectations of Federal Reserve rate hikes. Spot gold traded near $4,358.71
canada-adds-75,000-jobs-as-unemployment-falls-to-6.4%

Canada Adds 75,000 Jobs as Unemployment Falls to 6.4%

Canada’s labour market showed signs of continued improvement in July, with the economy adding 75,000 jobs and the unemployment rate falling to 6.4%, its lowest level in two years. According to Statistics Canada’s latest Labour Force Survey, employment gains were broadly distributed
canada-stocks-rise-as-jobs-data-boosts-market-sentiment

Canada Stocks Rise as Jobs Data Boosts Market Sentiment

Canada’s main stock index gained nearly 250 points on Friday as investors assessed stronger-than-expected employment data and its potential impact on future Bank of Canada policy decisions. The Canadian labour market showed signs of recovery in July, with Statistics Canada reporting that
spacex-shares-rise-after-lockup-expiry

SpaceX shares rise after lockup expiry

SpaceX shares gained on Thursday as the number of publicly tradable shares more than doubled following the expiration of the company’s first lockup restrictions. The stock rose 1.4% to $109.86 in heavy trading, with more than $23 billion worth of shares exchanged
oil-prices-rise-as-hormuz-tensions-continue

Oil prices rise as Hormuz tensions continue

Crude oil prices moved higher on Thursday after Iranian state media published a draft proposal outlining restrictive conditions for ship traffic through the Strait of Hormuz. Brent crude, the international benchmark, gained 3.8% to close at $82.49 per barrel. U.S. West Texas
wall-street-ends-mixed-near-record-levels

Wall Street Ends Mixed Near Record Levels

Markets pause after strong start to August Wall Street ended Wednesday with a mixed performance, remaining close to record highs as oil prices stabilized and investors assessed corporate earnings, artificial intelligence spending and inflation concerns. The cautious trading followed two strong sessions