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Vancouver real estate sales fall but prices only inch downwards + MORE Jan 4th
The number of homes being sold in Greater Vancouver continues to fall dramatically from last year's highs, according to the Greater Vancouver Real Estate Board, but prices are only inching down..... More »
CN reports higher Q2 profit but cuts outlook due to tariff concerns + MORE Jul 24th
Canadian National Railway Co. reported its profit ticked up during its second quarter compared with last year, as it said trade uncertainty is making it difficult for it to provide investors with an outlook.
The Montreal-based company said in a release Tuesday that it is removing its previo.... More »
How the Dow Jones industrial average fared on Wednesday + MORE Nov 30th
Stocks moved mostly lower Wednesday as gains in blue-chip energy companies and banks were not enough to make up for losses in the broader market. The Dow Jones industrial average touched a record high intraday but gave back nearly all of its gain and ended slightly higher.
On Wednesday:
The Dow Jone.... More »
Musk's SpaceX prices record $75 billion IPO at $135 a share - Reuters + MORE Jun 11th
Musk's SpaceX prices record $75 billion IPO at $135 a share ReutersElon Musk's SpaceX valued at nearly $1.8tn ahead of record share sale BBCFriday's big stock stories: What’s likely to move the market in the next trading session CNBCSpaceX IPO Draws More Than $100 .... More »
Malaysia says Goldman Sachs must pay, apology not enough Jan 18th
Malaysia's finance minister says that an apology by Goldman Sachs for its role in the alleged multibillion-dollar ransacking of state investment fund 1MDB was insufficient and that it must pay $7.5 billion as compensation..... More »
How to plant drought-tolerant container garden
– moneysense.ca
Live with a small garden, but still want to add some colour and spice to your outdoor plants. Consider container gardening. Keep in mind, though, that for a container garden to flourish, you need to provide the right amount of water and space. Here’s some tips from Better Homes and Gardens to help you plan and plant the perfect container garden.
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UK central bank to help economy through Brexit with stimulus
– canadianbusiness.com
LONDON – With the British economy in its deepest trouble since the global financial crisis in the wake of the vote to leave the European Union, the Bank of England is expected to unveil Thursday stimulus measures including a rate cut and, possibly, the creation of billions in new money.
Early indicators since the June 23 vote suggest that the economy is contracting at its sharpest rate since 2009. Manufacturing, services and consumer spending are falling, the pound is down 10 per cent and questions linger over what trade relations the country will have with the rest of the EU in coming years.
As a result, the Bank of England is expected to cut its key interest rate from a record-low 0.5 per cent on Thursday, diverging from policymakers at the U.S. Federal Reserve who in December raised their benchmark for the first time in seven years. The bank may also expand its stimulus program called quantitative easing under which it buys government bonds from banks with newly created money, effectively pumping extra money into the economy…
Early indicators since the June 23 vote suggest that the economy is contracting at its sharpest rate since 2009. Manufacturing, services and consumer spending are falling, the pound is down 10 per cent and questions linger over what trade relations the country will have with the rest of the EU in coming years.
As a result, the Bank of England is expected to cut its key interest rate from a record-low 0.5 per cent on Thursday, diverging from policymakers at the U.S. Federal Reserve who in December raised their benchmark for the first time in seven years. The bank may also expand its stimulus program called quantitative easing under which it buys government bonds from banks with newly created money, effectively pumping extra money into the economy…


