Is the Stock Market Open on Veterans Day? Here’s the 2024 Holiday Trading Schedule

The bond market will close for Veterans Day on Monday, Nov. 11. The stock market will be open. Both markets will close for Thanksgiving, Christmas and New Year’s Day. Bond traders have a long weekend ahead of them. Stock traders? Not so much. The bond market will close on Monday in observance of Veterans Day. Wall Street, however, will be open on Monday, with the stock market open for a

Read More

Indian officials misplace Salman Rushdie’s book ban order

Getty Images Salman Rushdie’s outspoken views on Islam have made him a target of extremists Is it legal to import Sir Salman Rushdie’s The Satanic Verses in India? This question has been puzzling legal experts since the Delhi High Court suggested this week that the notification banning the novel’s import – issued in 1988 – might no longer be valid, as the government couldn’t locate it. The Satanic Verses, criticised

Read More

Parents warned they are paying over the odds

Parents have been “paying over the odds” for baby milk because of a lack of competition in the formula market, a government watchdog has said. It stopped short of recommending price controls, but said they remain a possibility, adding parents have been “shouldering the costs” of price increases in the market for years. The Competition and Markets Authority’s (CMA) interim report said the baby milk industry needed a shake-up to

Read More

Fed Chair Jerome Powell says he won’t resign if Donald Trump asks him to step down

Federal Reserve Chair Jerome Powell said he won’t step down if President-elect Donald Trump, who has previously criticized Powell’s performance, asks him to resign.  Speaking at a press conference Thursday to discuss the Fed’s move today to cut its benchmark interest rate by 0.25 percentage points, Powell added that it is not permitted under the law for presidents to fire or demote the Fed chair. When asked if he’d step

Read More

Reddit stock price soars after social media player reports profit milestone

Social media & politics: How much your feed influences your vote Social media & politics: How much your feed influences your vote 02:25 Reddit’s stock price is surging after the social media player posted a rare profit.  Reddit on Tuesday reported net income of nearly $30 million for the third quarter, while its revenue of $348.4 million for the period topped analyst forecasts. Those figures were up from a loss of

Read More

Taiwan, excluded from climate summit, sets up ‘war room’ to watch talks By Reuters

TAIPEI (Reuters) – Taiwan has set up a “war room” to watch the live stream from next week’s COP29 climate summit given it is not allowed to attend for political reasons, Environment Minister Peng Chi-ming said on Friday. Democratically-governed Taiwan is excluded from almost all international bodies due to objections from China, which views the island as its own territory not a country and claims the right to be able

Read More

Cartier-owner Richemont’s sales dip on China downturn, jewellery shines By Reuters

By John Revill and Mimosa Spencer ZURICH (Reuters) -Cartier jewellery owner Richemont (SIX:) reported a dip in quarterly sales on Friday, as the luxury goods group largely offset tougher conditions in China with growth elsewhere. The owner of Swiss watchmakers including IWC, Jaeger-LeCoultre and Piaget said sales fell by 1% at constant exchange rates to 4.81 billion euros ($5.19 billion), slightly above analyst consensus forecasts of 4.78 billion euros cited

Read More

CRA denies taxpayer’s RRSP deduction due to pension adjustment

Breadcrumb Trail Links Personal Finance Retirement Taxes Jamie Golombek: One-year lag in pension adjustment calculations can cause confusion for taxpayers and lead to RRSP contribution errors Published Nov 07, 2024  •  Last updated 20 hours ago  •  4 minute read You can save this article by registering for free here. Or sign-in if you have an account. Taxpayers who participate in their employer’s registered pension plan (RRSP) may find their RRSP

Read More

Will Powell’s Speech Delay XRP Price Surge to $1.3?

XRP price breakout and rally to $1.3 could be delayed after Federal Reserve Chair Jerome Powell’s controversial remarks during his speech on Thursday. While this is not a direct jab at Ripple, any perceived political interference could create market volatility, affecting investor sentiment and potentially impacting the crypto market, which XRP is a part of. Will Powell’s Remarks Affect XRP Price? Fed Chair Jerome Powell said on November 7 that

Read More