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...The dollar slipped, falling 0.3 per cent against a basket of peers after six straight sessions of increases. Traders bought Treasuries, ending a three-day sell-off....
...In 1997, Simpson was found liable for their deaths in a civil suit. Simpson spent about 10 years in prison after being charged in 2007 on 12 counts related to an armed robbery in Nevada....
...Canada’s main stock index, the S&P/TSX Composite, has advanced 31 per cent in the last five years, compared to a 74 per cent gain for the S&P 500....
...US consumers’ perception of the economy slipped in April as recent economic data has shown a stall in disinflation at the start of 2024, lowering the chances of the Federal Reserve cutting interest rates...
...Trump trial: The trial in the first criminal case ever brought against a former US president will begin in a Manhattan courtroom....
...Canada’s main stock index, the S&P/TSX Composite, has advanced 31 per cent since 2019, compared with a 74 per cent gain for the S&P 500....
...The yellow metal is often regarded as a relative haven during times of geopolitical tension, as well as a perceived hedge against inflation....
...US stocks notched a weekly loss as fresh economic data indicated that a robust US labour market and persistent inflation would lower the need for interest rate cuts....
...Gold’s latest record high has taken the metal’s 2024 gain past 15 per cent, building on its best start to a year since 2017....
...“A concrete wall came down, smashed like Lego, and debris destroyed our cars,” said Grobler, who runs a quarantine facility for endangered species....
...US stocks turned lower on Monday as investors assessed a blockbuster retail sales report that indicated a strong consumer in a US economy that is still running hot....
...Stocks have moved lower as a number of economic data releases in recent weeks have shown the US economy is stronger than expected, and inflation is sticky....
...US stocks on Wednesday notched a four-day losing streak for the first time since the start of 2024. Wall Street’s S&P 500 index fell 0.6 per cent, with technology the worst-performing sector....
...The dollar rose for the fifth day in a row, adding 0.2 per cent against six of its peers. Gold rose 1.7 per cent to $2,383.19, on track for a fresh closing high....
...Bank of Canada: Economists expect Canada’s central bank to hold interest rates for the sixth straight meeting, but observers will listen for guidance on a highly anticipated rate cut in June or July....
...The company posted adjusted earnings per share of 45 cents as fuel costs eased, and first-quarter revenues hit a record high of $13.7bn....
...The Labour leader spoke out on Sunday after shadow foreign secretary David Lammy said the party would “scrutinise” the final motion brought forward by the Scottish National party, which is set to be put...
...Meanwhile, the dollar was up 0.6 per cent against a basket of six peers and on track for a four-session winning streak....
...Constellation Brands: The producer of Modelo, the top-selling beer in the US, is forecast to post earnings of $2.04 a share in its fiscal fourth quarter, almost 70 per cent higher than a year earlier....
...Direct-to-consumer sales — a key component of the company’s strategy — rose 7 per cent in the first quarter, albeit a slowdown from 12 per cent it reported a year ago....
...The company had previously said it wanted to boost 737 Max production to 38 a month by the end of 2023 and 50 a month by 2025 or 2026. Boeing said it produced 31 of the planes a month in 2022....
...“We believe this is more a reflection of the surprise strength in today’s US inflation report that has led to a scaling back of rate cut expectations everywhere,” ING analysts wrote in a note....
...US stocks weakened against a backdrop of rising yields on long-dated Treasuries and oil prices hitting their highest level this year....
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