By Robb M. Stewart OTTAWA–Inflation in Canada unexpectedly eased last month due to a fairly broad-based economic deceleration, easing pressure on the central bank to resume lifting interest rates next week. The consumer-price index, a closely watched inflation gauge, rose 3.8% from a year earlier, Statistics Canada said Tuesday. The…

WASHINGTON (Dow Jones)–The U.S. Treasury plans to auction $95 billion in reopened 4-week bills Thursday. The debt will settle on Oct. 24, 2023 and will mature Nov. 21, 2023. The debt is a reopening of an issue first sold on July 25, 2023. The Federal Reserve holds $1.897 billion of…

WASHINGTON (Dow Jones)–The U.S. Treasury plans to auction $85 billion in reopened 8-week bills Thursday. The debt will settle on Oct. 24, 2023 and will mature Dec. 19, 2023. The debt is a reopening of an issue first sold on Aug. 22, 2023. The Federal Reserve holds $1.897 billion of…

Over 103 years, three generations have built CMI into one of Latin America’s largest food conglomerates. Now their Pollo Campero restaurant chain is set to expand across the U.S. By Jonathan Ponciano, Forbes Staff On March 15, a yellow chicken mascot named Pollito (Spanish for chick) wearing a rust-colored sombrero,…

WASHINGTON (Dow Jones)–The U.S. Treasury plans to auction $56 billion in 17-week bills Wednesday. The debt will settle on Oct. 24, 2023 and will mature Feb. 20, 2024. The Federal Reserve holds $1.897 billion of maturing securities for its own account. Amounts bid by the Federal Reserve banks for their…

Key Takeaways Goldman Sachs profits drops 36% as dearth of dealmaking continues to weigh on investment banking Bank of America notches earnings beat with 10% jump in profits, though the company continues to hold substantial unrealized losses on debt assets Goldman Sachs and Bank of America have announced a markedly…

By Chris Wack Momentus shares were up 12% to $5.43 after the company signed a contract with SatRev for transportation and orbital delivery services in 2024. The stock closed Monday’s session up 56%, but is down 91% in the past 12 months. The U.S. commercial space company said SatRev is…

Our favorite tech-sector dividend growers are finally on sale—and our time to “lock in” these fast-growing payouts has arrived. Our Tech Buying Opportunity: Fully Booted Up These days, fear surrounds us, and we contrarian income seekers know that times of fear are when we go shopping. That goes double for…

EV start-up Faraday Future Intelligent Electric has a Master Plan, just like Tesla. It’s plan isn’t as detailed as Tesla’s, but Faraday is focused on achieving profitability. Investors are reacting positively at the start of a new trading day. Monday, Faraday (ticker: FFIE) outlined a plan to “achieve sustainability and…

September Economic Release Overview September economic data beat expectations. Remember Q2 2022 was Shanghai’s lockdown, which is why Q2 year-over-year GDP growth was comparatively high. Online retail sales now account for 26.4% of the total retail sales of consumer goods. Not surprisingly, September property sales and property investment were weak.…