News

Bank of Canada Holds Benchmark Rate Steady at 2.75%
TORONTO (Reuters) -The Bank of Canada on Wednesday held its benchmark interest rate at 2.75%, its first pause after seven ...
US Manufacturing Output Slows in March; Tariffs Cloud Hangs Over Factories
Production at factories advanced 1.0% on a year-on-year basis in March. Manufacturing, which accounts for 10.2% of the ...
FULL TEXT-Bank of Canada Held Rates as It Seeks More Information on Tariffs, Says Governor
"Inflation in Canada has risen from 1.8% at the time of the January Report to 2.3% in March, reflecting the end of the ...
FULL TEXT Bank of Canada Holds Key Policy Rate at 2.75%
"The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit ...
Analysis-Argentina's FX Gamble Reaps Early Wins. Now for the Hard Part
The IMF deal, under which $12 billion was disbursed up front on Tuesday, will bolster central bank reserves. But the country ...
Ford's China Business Made $900 Million Last Year
DETROIT (Reuters) - Ford Motor's China business, including exports from the country, made $900 million in earnings before interest and taxes last year, one of the automaker's top executives said ...