With Markets At The Mercy Of Trump’S Tweets, Facts Are Taking A Back Seat To Hope

in #economy5 years ago

New workplace harassment law will be real ’game changer’ for employers: Julius Melnitzer


Employers will have to completely reassess how they manage harassment and violence in the workplace, costing hundreds of millions

Goldman to investors: Short the loonie before Bank of Canada shifts policy due to U.S. trade conflict: Bloomberg News


The loonie has gained 2.7 per cent this year, trailing only the yen's 3.8 per cent advance among G-10 currencies

Big pharma opioid fines could hit US$150 billion. That’s more than Ukraine’s GDP: Bloomberg News


Analyst: Estimate for settlement of $100 billion or more 'raises bankruptcy headlines and concerns for some of the smaller cap manufacturers'

Oil prices, tax income keep Alberta first-quarter revenue in line with last year: The Canadian Press


Resource revenue was $164 million higher, mainly from a narrower oil price differential

With markets at the mercy of Trump’s tweets, facts are taking a back seat to hope: Bloomberg News


On Friday, stocks suffered one of their worst losses of the year. Trump's Twitter account was the main culprit

Nintendo Switch Lite hands-on: Smaller, lighter, cheaper, better?: Chad Sapieha


Assuming you don't need or want to connect to a TV, Nintendo's new Switch will be a smart buy for most families

BMO is winding down reinsurance business as climate change risks rise: Geoff Zochodne


Bank expecting more frequent and higher claims

Negative interest rates are pushing European banks to tipping point, Danish watchdog warns: Bloomberg News


Jesper Berg says banks will either need to change their business model or shrink if they want to make money

After August’s sell-off, the time to buy stocks is approaching, JPMorgan says: Bloomberg News


This bullishness outlook clashes with that of UBS Global Wealth Management, which has gone underweight on equities for the fist time since the euro-area crisis

‘An international, complex intellectual challenge’: Wall Street prepares for the end of the Libor era: Bloomberg News


The benchmark underpins $350 trillion of mortgages, loans and derivatives across various currencies, and employees are scrambling to manage its demise

Altria surges the most since 2008 as Philip Morris confirms merger talks: Bloomberg News


Altria has diversified its portfolio with investments in vaping and cannabis, giving the company more growth potential even as fewer people smoke cigarettes

Chinese officials prepare for worst on trade, say Trump’s credibility stands in way of lasting deal: Bloomberg News


Insiders say it's dangerous for any official to advise President Xi Jinping to sign on to an agreement that Trump may eventually break

Opinion: Trump has manufactured an economic disaster in waiting. The Fed should stop enabling him: Bloomberg News


Bill Dudley: I understand and support Fed officials' desire to remain apolitical. But Trump's behaviour has made that untenable

Liberals’ election promises set to include cutting cell phone and internet bills: Reuters


Liberal officials knocking on doors say the cost of phone bills and internet is one of the most frequent complaints they hear

Three hours just to park: Crowds force Costco to shutter first China store on opening day: Reuters


Videos posted on Chinese social media showed thousands of people crowding the aisles of the store in Shanghai's Minhang district

Scotiabank profit beats estimates on international banking strength: Reuters


Provision for credit losses fell

BMO misses expectations, hurt by higher loan loss provisions: Reuters


Royal Bank of Canada and Canadian Imperial Bank of Commerce also posted higher loan loss provisions

Why you should plan for a breakup before your marriage breaks down: Special to Financial Post


Adam N. Black: Lack of planning lands this couple in court for three-day trial and one-day appeal

Algo Capital Closes Algo VC Fund at $200 Million - Financial Post:


Algo Capital Closes Algo VC Fund at $200 Million Financial Post Backed by investors including Brainchild, NGC Ventures, Arrington XRP Capital, Eterna Capital, and GSR, Algo VC fund invests in category-leading businesses...

RBC, TD in talks to settle allegations that traders used confidential customer information to gain trading advantage: Barbara Shecter


Fines could run up to $1 million per breach


[news curation]@wakanda-forever



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