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interest-rates

Bussiness

U.S. debt is so massive, interest costs alone are now $3 billion a day

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With U.S. debt now at $35.3 trillion, the cost of paying the interest on all that borrowing has soared recently and now averages out...
Sports

‘The time has come’: Why the August jobs report keeps the Fed on track for a 25 basis point rate cut

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A rebound in the job market in August that still showed signs of cooling is likely to keep the Federal Reserve on track to...
Bussiness

Recent immigrants shut out of strong wage growth as unemployment rises in Canada

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OTTAWA — Canada's unemployment rate continued to trend higher in August — reaching 6.6 per cent — as the job market slowdown hits workers...
Bussiness

Asian shares mostly fall on caution ahead of a key US employment report

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TOKYO (AP) — Asian shares mostly declined Friday ahead of a highly anticipated U.S. jobs report that’s expected to influence how the U.S. Federal...
Bussiness

Asian shares trade mixed amid caution ahead of key US employment report

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TOKYO (AP) — Asian shares traded mixed Friday ahead of a highly anticipated U.S. jobs report that’s expected to influence how the U.S. Federal...
Bussiness

Mortgage rates remain steady as Fed rate cut looms

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The average rate on the 30-year fixed-rate mortgage was unchanged this week as investors continue to expect the Federal Reserve will cut interest rates...
Bussiness

U.S. firms saw slowing economic activity in recent weeks, Fed survey shows

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(Reuters) - U.S. economic activity expanded more slowly from mid July through late August and businesses reported less hiring, signals that underscore why the...
Bussiness

China Weighs Cutting Mortgage Rates in Two Steps to Shield Banks

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(Bloomberg) -- China is considering cutting interest rates on as much as $5.3 trillion of mortgages in two steps to lower borrowing costs for...
Shopping

Luxury shopping? Lifestyle destination? This is what it’s like inside Montreal’s newest supermall | CBC News

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Want to know more about Royalmount? Find out when it opens to how much parking costs here.A little less than 48 hours before the first...
Bussiness

The Fed welcomes a ‘soft landing’ even if many Americans don’t feel like cheering

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WASHINGTON (AP) — When Jerome Powell delivered a high-profile speech last month, the Federal Reserve chair came the closest he ever had to declaring...
Bussiness

Ueda Reiterates That BOJ Will Lift Rates If Outlook Realized

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(Bloomberg) -- Bank of Japan Governor Kazuo Ueda reiterated Tuesday that the central bank will continue to raise interest rates if the economy and...
Bussiness

A dollar on the defensive brings relief to policymakers globally

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By Alun John and Karin StroheckerLONDON (Reuters) - The dollar fell more than 2% against other major currencies in August, marking its biggest monthly...
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