Canada’s record economic gap with U.S. about to get wider

Breadcrumb Trail Links News Two economies headed in opposite directions Published Nov 14, 2024  •  Last updated 13 hours ago  •  4 minute read You can save this article by registering for free here. Or sign-in if you have an account. The election of Donald Trump threatens to widen that record economic gap between Canada and the United States, say economists. Photo by Getty Images Article content Canada’s economy has been

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China October retail sales beat forecasts while real estate slump worsens

Pictured here is a Shanghai development under construction on Nov. 4, 2024. Cfoto | Future Publishing | Getty Images BEIJING — China’s retail sales rose more than expected in October, while industrial production and investment data missed forecasts as the country’s real estate slump worsened. Retail sales grew by 4.8% year-on-year, the National Bureau of Statistics said Friday. That was above the 3.8% forecasted in a Reuters poll, and a pickup from 3.2%

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Crypto Enforcement Shackles May Take Time to Resolve

While an incoming chairman appointed by Trump, a recent crypto convert, could effectively clear the decks of future enforcement actions, dealing with the many cases already being litigated is a stickier prospect. Turning the SEC ship could take several months into 2025 — maybe longer. And even then, the lawyers say, dramatic case dismissals might not even happen. Source link

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Oil dips on oversupply concerns, heads for weekly loss By Reuters

By Nicole Jao (Reuters) – Oil prices edged down early on Friday as oversupply concerns and demand worries stemming from a stronger dollar outweighed a steep draw in U.S. fuel stocks. futures were down 30 cents, or 0.41%, at $72.26 a barrel by 0105 GMT. U.S. West Texas Intermediate crude futures were down 25 cents, or 0.36%, at $68.45. For the week, Brent is set to fall about 2.2% while

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Fired AIMCo chair disputes Alberta’s narrative on costs

Breadcrumb Trail Links Finance Investor News AIMCo is a low-cost manager compared to similar funds and has ‘solidly’ exceeded benchmarks over the years, says Kenneth Kroner Get the latest from Barbara Shecter straight to your inbox Sign Up Published Nov 14, 2024  •  Last updated 46 minutes ago  •  5 minute read You can save this article by registering for free here. Or sign-in if you have an account. Alberta Finance

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dogwifhat (WIF) Memecoin Continues To Rise Following Coinbase Listing

A dog-themed rival of Dogecoin (DOGE) is continuing its post-election ascent after gaining support from top US-based crypto exchange platform Coinbase. In a new announcement, Coinbase says that popular meme asset dogwifhat (WIF), which launched less than a year ago in December 2023, is now available on its platform to buy, sell, end, send and convert. “dogwifhat is now live on [coinbase.com] and in the Coinbase iOS and Android apps.

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