Gold decreases due to an increase in dollar yields following positive employment statistics.
October 06, 2023: Gold prices fell on Friday, October 5, 2023, after robust U.S. jobs data boosted the dollar and Treasury yields.
Alstom Cash Flow Warning Erodes $3 Billion in Value.
October 05, 2023: Shares of French train maker Alstom plunged by as much as 38% on Thursday, October 5, 2023, after the company slashed its full-year
Brookfield has strengthened its portfolio in the UK by acquiring Banks Renewables.
October 05, 2023: Canadian investment firm Brookfield has acquired Banks Renewables, a UK-based renewable energy company, for £2.5 billion.
Gen Xers Approaching Retirement with Inadequate Savings
October 04, 2023: Gen Xers born between 1965 and 1980 are approaching retirement age, but many have not saved enough to support themselves in their golden years.
U.S. Common Dividend Payments Increase $8.8 Billion in Q3 2023
October 04, 2023: U.S. common dividend payments increased by $8.8 billion in the third quarter of 2023, according to S&P Dow Jones Indices.
SM Group Expands Non-Core Businesses to Drive Growth
October 04, 2023: The SM Group, one of the largest conglomerates in the Philippines, is expanding its non-core businesses to drive faster growth and boost earnings.
FirstEnergy Corp. experienced a drop and underperformed the market.
October 03, 2023: Shares of FirstEnergy Corp. (FE) fell 4.62% on Monday, October 3, 2023, underperforming the broader market. The stock closed at $32.60,
Morgan Stanley’s Wilson expresses concern over late-cycle “muddle” in surveillance.
October 03, 2023: Morgan Stanley’s chief investment officer, Mike Wilson, said that the stock market is in a “late-cycle muddle, ” making it difficult for investors to navigate.
Ex- Goldman Sachs, Blackstone Employee Charged with Securities Fraud.
October 02, 2023: Federal prosecutors charged a former Goldman Sachs Group Inc. and Blackstone Inc. employee with securities fraud for allegedly tipping
The population growth may not sustain the Canadian economy.
October 02, 2023: Canada is experiencing a population boom, growing fastest in over 40 years. However, some economists are warning that the population boom
