Author: Admin

The Canadian dollar dropped on Monday morning after trade talks between Ottawa and Washington fell apart, leaving both sides facing higher prices on a wide array of imported goods and threatening Canada’s economic growth. The U.S. on Saturday slapped 50% tariffs on around $20 billion worth of imports from Canada, its second-biggest trading partner after Mexico. The affected goods span dairy, wine, wood products, furniture, cement, ceramics and a slew of other areas. Canadian Prime Minister Mark Carney said he would retaliate “dollar for dollar” with tariffs starting Sept. 8, targeting sectors such as steel, dairy, agricultural equipment, paper and…

USDCAD moves higher into 200 day MA resistance. Key barometer for buyers and sellers !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz

Today we’re going to look at a closed-end fund (CEF) that seemingly offers everything: A 6.7%-yielding dividend that pays monthly. A solid payout track record: This dividend has been delivered reliably for more than six years. Terrific performance, to the tune of an 8.5% annualized return over the last decade. And yet, this fund is a sell. If you own it, I recommend dumping it immediately. I know that sounds a bit strange, so let me explain why it’s a risky investment, and how other funds like it are, as well. Before I do, though, let me emphasize one thing:…

Charles Scharf, chief executive officer of Wells Fargo & Co., and Jane Fraser, chief executive officer of Citigroup Inc.Caroline Brehman | Qilai Shen | Bloomberg | Getty ImagesWalk the halls of any major banking conference or listen in on a quarterly earnings call, and one topic keeps coming up: With the window for mergers wide open under the Trump administration, who will take a swing?After years on the sidelines because of regulatory restrictions, large banks can once again contemplate buying other lenders, even a $100 billion-plus-asset regional bank.While JPMorgan Chase and Bank of America are barred from such a deal…

The case was put in front of Roberts, who oversees emergency appeals filed in the D.C. Circuit. That led to the administrative stay—a short-term order that freezes a lower court decision or deadline in order to buy time for a bench to review an emergency request. An administrative stay does not reflect a case’s merits or legality; it acts as an interim measure for a future ruling from Roberts or the Court.In this case, it paused the preliminary injunction originally handed down by Leon. Therefore, the stop-work order was put aside for the time being, allowing construction to continue. No court has…

You can’t just sweep $40 trillion in U.S. national debt under a rug and forget about it — or so the bond market appears to be telling Treasury Secretary Scott Bessent.

The London Stock Exchange has announced plans to launch LSE 24, a new trading venue designed to operate near-continuously from Monday to Friday, extending market access well beyond the existing 08:00 to 16:30 window on the Main Market. The venue will run from 17:00 to 07:50 each weekday, with a 30-minute pause for end-of-day processing, and will be built on LSEG’s existing financial market infrastructure. Exchange Traded Products will be the first asset class to go live, targeted for H1 2027 subject to regulatory approval. Client testing is scheduled to begin by the end of 2026. The LSE cited London’s…

Tweaking my finances, work and life as I go from the “go-go” years to the “slow-go” years.

Nvidia is due to report earnings on Wednesday, and “a very broad universe of companies” is tied to the themes that the chip giant represents.

The International Monetary Fund has said Nepal’s economy is far more stable today than it was in 2022, when reforms began with the support of the institution. However, the fund added that further reforms would be needed to generate growth and raise living standards in the country.The IMF completed its seventh and final review under its extended credit facility arrangement for Nepal in June. This allowed the authorities to withdraw the equivalent of around $42.9 million, bringing the total Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.To…