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News
Bank of America strategists assess potential impact of Kevin Warsh's Jackson Hole speech on US yield curve
18+ min ago (264+ words) BofA warns Fed Chair Warsh's keynote could either flatten yields and boost risk assets, or trigger a selloff if the message misfires The assessment, issued on August 28, lands at a moment when the bond market is already running hot. The…...
Canada’s second quarter GDP recovers sharply as domestic demand revives, exports grow
29+ min ago (468+ words) OTTAWA, Aug 28 (Reuters) – Canada’s economy rebounded sharply in the second quarter after six months of virtually no growth, aided by strong jump in exports and solid domestic demand, data showed on Friday. The economy grew at an annualized rate of…...
How much money do you need to retire? Start with expenses, not a???1 crore target
23+ min ago (674+ words) There is no single retirement corpus that can work for everyone. A ₹1 crore retirement fund may be sufficient for someone with modest expenses and a paid-off home, but could fall short for another person facing rent, healthcare costs and family…...
European Central Bank: September hike seen with energy risks??? Nomura
24+ min ago (468+ words) Nomura’s Euro area team expects the European Central Bank to raise rates by 25 basis points to 2.50% at the 10 September meeting, citing higher HICP inflation and resilient growth. They highlight hawkish comments from ECB officials and note that Brent and Dutch…...
Canada economy grows 3% in Q2, fastest since 2023
29+ min ago (294+ words) A rebound in energy exports and domestic demand pulled the Canadian economy out of a yearlong slump, but tariff risks loom over the second half of 2026. Canada’s economy posted its strongest quarterly performance in over three years during Q2 2026, with annualized…...
Fed Credibility Is On The Line At Jackson Hole (Live)
36+ min ago (196+ words) Warsh will try to produce the opposite effect of his July 29 news conference. The post Fed Credibility Is On The Line In Warsh Jackson Hole Speech (Live Coverage) appeared first on Investor's Business Daily. Ultimately, any effort by Treasury to…...
Stocks rise ahead of Fed chair's policy speech
9+ hour, 38+ min ago (491+ words) Stocks mostly rose Friday as investors awaited a key speech by US Federal Reserve Chair Kevin Warsh for clues about the outlook for interest rates amid elevated inflation. With the euphoria following US chip titan Nvidia's blistering earnings report petering…...
Bank of Canada to hold rates for another year, wait for more stability on trade: Reuters poll
1+ hour, 16+ min ago (534+ words) BENGALURU, Aug 28 (Reuters) – The Bank of Canada will keep its overnight rate at 2.25% on Wednesday and leave it unchanged for at least another year, according to a Reuters poll of economists who have not changed their outlook following the suspension…...
Türkiye high-tech manufacturing exceeds $28 billion
48+ min ago (511+ words) The Turkish Statistical Institute reported on Monday that Türkiye's high-tech manufacturing production value surpassed 1 trillion Turkish lira ($28 billion) in 2025, with 479,164 enterprises operating across the manufacturing sector according to official data released in Ankara. Türkiye eyes deeper trade ties, backs Aleppo…...
The 2 Biggest Retirement Income Problems - And How I’d Solve Them
21+ hour, 38+ min ago (122+ words) intek1/iStock via Getty Images I have to say that when I started preparing for this article, I had something entirely different in mind. Initially, I wanted to write an article about a three-ETF model portfolio with more than 5% income and…...