Tuesday, November 5, 2024

Bussiness

Federal government forgoing $15 million in rental fees for Jasper businesses, town

JASPER, ALTA. — The government of Canada will forgo up to $15.2 million in rental fees charged to the municipality of Jasper, Alta., as...

Grocery prices rise again in September, candy prices expected to remain elevated ahead of Halloween

Consumers continue to see higher prices for everyday groceries, and they could face higher candy costs this Halloween.The cost of groceries increased 1.3% year...

Fitch says Hurricane Milton will push 2024 insured losses over $100 billion

By Matt TracyWASHINGTON (Reuters) - Hurricane Milton could cause up to $50 billion in insured losses for Florida property owners, pushing insurers' estimated losses...

NY Fed survey shows big banks still expect spring stop to balance sheet drawdown

By Michael S. Derby(Reuters) - Wall Street's biggest banks expect the Federal Reserve to end the process of shrinking its balance sheet next April,...

Why pro trader Tom Sosnoff says to bet on yourself instead of passive index funds

Listen and subscribe to Stocks in Translation on Apple Podcasts, Spotify, or wherever you find your favorite podcasts.Passive investing hit a major milestone in...

‘It was too big a cut’: Trump and his allies slam Fed after inflation report

Donald Trump and his top allies quickly jumped on a hotter-than-expected inflation report Thursday to slam the Biden/Harris administration, the Federal Reserve and central...

TD Bank to pay $3 billion in historic money-laundering settlement with the Justice Department

WASHINGTON (AP) — TD Bank will pay approximately $3 billion in a historic settlement with U.S. authorities who said Thursday that the financial institution's...

Trump complains about disaster response as he and Harris campaign following Milton’s landfall

WASHINGTON (AP) — Donald Trump on Thursday again complained about the federal response to natural disasters that have damaged much of the Southeast as...

2 teams suing NASCAR ask court to recognize them as chartered while antitrust case proceeds

CHARLOTTE, N.C. (AP) — The two teams suing NASCAR asked a judge for a preliminary injunction Wednesday so they can compete next season under...

Company recalls nearly 10 million pounds of meat and poultry dishes for listeria contamination

A company is recalling nearly 10 million pounds of meat and poultry products made at an Oklahoma plant because they may be contaminated with...

Super Micro Computer stock continues wild ride as investors weigh AI hype against alleged DOJ probe

Super Micro Computer (SMCI) stock fell 2.5% Thursday after rallying as much as 9% the day before, continuing its rollercoaster ride of a week...

How to help people affected by Hurricane Milton

Communities in Florida still reeling from the impact of Hurricane Helene are now also grappling with the still-unfolding damage from Hurricane Milton. The storm...

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