News
3 reasons $2 million to $5 million in retirement savings is harder to manage than Canadians think " and what to do now
1+ hour, 55+ min ago (1336+ words) Having millions in retirement savings is a common dream. And according to BMO Financial Group's 2026 annual retirement survey (1), Canadians now believe they need $1. 7 million to retire comfortably " up from $1. 54 million the year before. So if you have $2 to $5 million in…...
Kenya private sector activity picks up in June, PMI shows
2+ day, 10+ hour ago (102+ words) NAIROBI, July 3 (Reuters) - Kenya's private sector activity "picked up in "June, breaking a run of three "previous monthly contractions, a survey showed on Friday. The Stanbic Bank Kenya "Purchasing Managers' "Index rose to 50. 0 in June from "46. 6 a month earlier. Readings…...
Italy May jobless rate edges down to 5%, but 22, 000 jobs lost
3+ day, 9+ hour ago (159+ words) ROME, July 2 (Reuters) - Italy's unemployment rate fell slightly to 5. 0% "in May but a net "22, 000 jobs were lost during the month, "with the fall in the jobless rate due to people no longer looking for work, national statistics bureau "ISTAT reported…...
Rate cuts are not back on the table for Britain, Bank of England's Bailey says
4+ day, 2+ hour ago (195+ words) SINTRA, Portugal, July 1 (Reuters) - The Bank of England is not in a position to consider cutting interest rates, Governor Andrew "Bailey said on Wednesday, despite oil prices falling back near "pre'Iran war levels. "There was an expectation that we would…...
Japan business mood improves despite Middle East war, BOJ survey shows
4+ day, 18+ hour ago (176+ words) TOKYO, July 1 (Reuters) - Big Japanese manufacturers' sentiment improved in "the three months to June to "levels unseen since 2018, a closely watched survey showed "on Wednesday, a sign the economy was weathering the energy shock from the Middle East conflict for…...
Paychex Small Business Jobs Index Improves for the Fourth Consecutive Month
5+ day, 5+ hour ago (214+ words) Job gains were broad based while hourly earnings growth remains below three percent Meanwhile, hourly earnings growth for U. S. workers remains below three percent (2. 80%). Weekly hours worked (0. 14%) continued to trend positively for the fourth consecutive month, as weekly earnings growth in…...
Pivotal Week Ahead: Warsh's Hawkish Turn, June Jobs Report on Deck
5+ day, 2+ hour ago (873+ words) Some weeks are about a single headline. This one is about a convergence. As the second half of 2026 gets underway, investors are digesting a Federal Reserve that just reset its tone under new leadership, an interest-rate outlook that has quietly…...
These 2 factors give Fed Chair Kevin Warsh 'a lot of flexibility' to hike rates
5+ day, 6+ hour ago (72+ words) Yahoo! Finance Canada Oops, something went wrong Canada markets close in 6h 19m These 2 factors give Fed Chair Kevin Warsh 'a lot of flexibility' to hike rates Verdence Capital Advisors chief investment officer Megan Horneman explains what she says investors should be…...
Japanese yen sinks to 40-year low against the US dollar as intervention looms
5+ day, 6+ hour ago (83+ words) Yahoo! Finance Canada Oops, something went wrong Canada markets open in 1h 8m Japanese yen sinks to 40-year low against the US dollar as intervention looms The Japanese yen has dropped to its lowest level against the US dollar in four decades,…...
Argentina economic activity grows less than expected in April
5+ day, 22+ hour ago (159+ words) BUENOS AIRES, June 29 (Reuters) - Argentina's economic activity grew less than expected "in April, official data showed "on Monday, as gains in mining and agriculture "were partly offset by weakness in manufacturing and commerce. The 1. 6% increase in Latin America's third-largest economy…...