CashNews.co Canada in some ways is a tale of two economies. On the surface, it looks like household finances have never been stronger, with savings at record levels, says Royal Bank of Canada economist Carrie Freestone in a recent report. “But under the surface there are clear signs that the average Canadian consumer is suffering,” […]
CashNews.co The Canadian dollar is at risk of falling to lows only seen during big economic shocks as forces once again line up against the currency, economists warn. The Bank of Canada cut its interest rate by half a percentage point this month, widening the gap between it and the United States Federal Reserve, which […]
CashNews.co The semiconductor sector, which was riding high on the expansion of artificial intelligence (AI) applications, faltered on the fading AI craze and tech sell-off in August and weak demand from China. However, the new monetary easing era led to a rally in semiconductor stocks over the past month. VanEck Vectors Semiconductor ETF SMH, iShares […]
CashNews.co The most recent trading session ended with Bloom Energy (BE) standing at $9.73, reflecting a -1.42% shift from the previouse trading day’s closing. This change lagged the S&P 500’s daily loss of 0.05%. Meanwhile, the Dow lost 0.02%, and the Nasdaq, a tech-heavy index, added 0.18%. The the stock of developer of fuel cell […]
CashNews.co The most recent trading session ended with Bloom Energy (BE) standing at $10.46, reflecting no shift from the previouse trading day’s closing. The stock’s change was more than the S&P 500’s daily loss of 0.76%. Elsewhere, the Dow saw a downswing of 0.75%, while the tech-heavy Nasdaq depreciated by 1.01%. The the stock of […]
Cash News Solana is being tipped to flip BNB in the near future, while new DeFi presale sensation Lunex is looking to go on a parabolic run in 2024. New York-based investment management firm VanEck, known for its specialization in exchange-traded funds, recently predicted that hard-charging Layer-1 blockchain platform Solana could potentially peak at a […]
CashNews.co United Parcel Service (UPS) closed the most recent trading day at $131.25, moving +0.41% from the previous trading session. This move lagged the S&P 500’s daily gain of 0.9%. At the same time, the Dow added 0.81%, and the tech-heavy Nasdaq gained 1.22%. The the stock of package delivery service has risen by 2.61% […]
Cash News Using credit cards is the norm; in fact, 82% of adults had a credit card in 2023, according to a Federal Reserve report. From swiping your card to buy groceries and paying for your favorite streaming service online, you likely use a card most days. Despite how common credit cards are, many pervasive […]
CashNews.co The Competition and Markets Authority (“CMA”) – the U.K.’s competition watchdog – has raised concerns about the proposed £15 billion Vodafone Group Public Limited Company’s VOD merger with Three UK. The agreement is likely to create the largest mobile network in the U.K., with more than 27 million customers, reducing the number of mobile […]