News

Canada’s CPI Rises By 1% As Consumer Goods, Fuel Prices Spike

  Canada’s Consumer Price Index (CPI), a key gauge of inflation, has risen at a quicker pace in January to 1 per cent, than in the previou...

Why Morningstar Credit Ratings Is Under the SEC’s Scanner

  The Securities Exchange Commission (SEC) has filed a lawsuit against Morningstar Credit Ratings LLC for allegedly violating provisions of laws...

Canadian Stock Markets Saw Record Foreign Investments In Dec 2020

  Canadians purchased as much as C$ 26.9 billion worth of foreign securities in the month of December last year, a large chunk of which consiste...

Vaccines to inject optimism in world economy, IMF pegs US growth at...

ed to show staggering improvement due to potential structural changes in the economy. Nations across the globe are on the mend as they have begun...

Is Churchill (CCIV) Nearing A SPAC Merger With Lucid Motors?

Summary Churchill Capital Corp IV (NYSE: CCIV, CCIV:US) saw its stocks gallop by nearly 32 per cent on Tuesday, February 16. The most recent jump...

Berkshire Hathaway Jumps on Crude Oil Bandwagon, Invests in Chevron

The market oracle, Warren Buffet is now jumping on the oil bandwagon with Berkshire Hathaway investing in Chevron Corporation (NYSE:CVX). The investme...

TSX Edges Higher On Day 2, Up 0.18%

The TSX Composite Index moved up for the second consecutive day and added approximately 32.51 points or 0.18% to 18,492.72 on Tuesday. Other broader i...

US Markets End Mixed On Recovery, Earnings Forecast

US stock markets ended mixed on Tuesday in anticipation of positive retail earnings and steps by House Democrats to expedite a legislative version of...

Bitcoin Rockets Past $50000-Mark, Sets Course For US$1-Trillion MCap

Bitcoin’s blazing rally continued as the cryptocurrency breached the US$50,000-mark for the first time since its inception over 12 years ago. T...

Will Plan to Spin Off Universal Music Keep the Momentum High for Viv...

Shares of French media conglomerate Vivendi SA (PAR: VIV) rallied nearly 20 per cent on Monday to EUR 31.22 as the company announced its plans to list...

Nissan Denies Tying Up with Apple for Its Electric Car

Japanese automobile company Nissan (TYO: 7201) announced that it was not in talks with technology major Apple (NASDAQ: AAPL) for developing its a self...

Equity markets continue their uptrend; Crude oil rises to 13 months...

On Tuesday, Global markets held the ground firmly and continued their bull run for the 12th straight session on the back of high optimism for the glob...

Texans Struggle Amid Deadly Winters and Power Outages

Texas is facing a challenging situation due to the freezing temperature and rolling power blackouts across the state. As extreme weather conditions sp...

Why is platinum at multi-year highs?

Followed by the emphatic industrial metals’ price rally on the expectations of global economic improvements, the prices of the Platinum contract...

US Dollar drops to 3-week low as vaccine optimism abounds

significantly as it rose to its highest level in about three years pushing past USD1.39. Tuesday marked a three-week low for US Dollar and a thre...

A race against COVID-19: Meet five global vaccine developers in the...

Vaccine development typically requires years of research, testing and additional time for large-scale manufacturing. However, this time researchers ac...

Bitcoin Continues to Zoom, Gold Investors Left Behind?

Bitcoin prices are going through the roof again with the digital currency reaching a record high of over USD 49K on 14 February 2021. So far, investo...

What is BNY Mellon’s latest initiative into the crypto world? 

The geopolitical environment around the cryptospace is getting spiced up day by day with a plethora of information emerging in the market. After devel...

Disney nets 146 million paid subscribers in Q4

Source: Marko Aliaksandr, Shutterstock Summary The Walt Disney company revealed its December quarter results with Disney+ subscriptions bei...

Shopify, Walmart to Report Q4 Earnings Next Week: What to Expect

Shopify Inc. (NYSE: SHOP) and Walmart Inc. (NYSE: WMT) are expected to report their fourth-quarter earnings next week. Both the companies were expecte...