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Bank of Canada’s Macklem Says Deeper Cuts Might Be Warranted If Economy Disappoints
Deeper interest-rate cuts in Canada could be warranted should growth weaken further, says Bank of Canada Gov. Tiff Macklem—a scenario some economists believe will unfold in the coming months.
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Why This Hurricane Season Has Defied Forecasts—So Far
Francine—the first tropical storm to form in four weeks—is heading for the Gulf Coast after an unexpectedly quiet month.
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Goldman's loose lending standards are behind its messy exit from credit cards
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BMW Cuts Profit Margin, Deliveries Forecasts
BMW lowered its sales and earnings targets, saying expensive measures to fix a braking-system problem and muted demand in the world’s largest car market would dilute its bottom line.
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U.S. Incomes Climbed Last Year, Census Bureau Says
Household incomes rose 4% from 2022 to 2023, the first rise since the start of the Covid-19 pandemic.
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Southwest Airlines Overhauls Board Amid Activist Pressure
Executive Chairman Gary Kelly plans to retire as part of a shake-up of the airline’s board, under pressure from activist investor Elliott Management.
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William Smith
Writer & Journalist