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China Inflation Data Due On Wednesday
China will on Tuesday release July figures for consumer and producer prices, highlighting a light day for Asia-Pacific economic activity.
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1492 days ago
TSX Ends On Weak Note; Technology, Healthcare Stocks Post Sharp Losses
The Canadian market ended notably lower on Tuesday after spending almost the entire session in negative territory.
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1492 days ago
Dollar Subdued Against Rivals Ahead Of Inflation Data
The U.S. dollar shed ground against some of its major counterparts on Tuesday, as traders looked ahead to U.S. inflation data for clues about the Federal Reserve's moves with regard to interest rates.
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1492 days ago
Swiss Market Ends Weak After Another Lackluster Session
After a weak start and a subsequent recovery that resulted in a very brief stay in positive territory, the Switzerland stock market languished in the red on Tuesday to eventually close modestly lower.
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1492 days ago
European Stocks Close Broadly Lower After Cautious Session
European stocks closed broadly lower on Tuesday as investors largely stayed cautious and refrained from making significant moves ahead of Wednesday's U.S. inflation data, which is expected to provide clues about the pace of Federal Reserve's policy tightening moves.
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1492 days ago
Healthcare, Technology Stocks Dragging Down Canadian Market
The Canadian market is down in negative territory around noon on Tuesday, weighed down by losses in healthcare and technology sections.
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1492 days ago
U.S. Labor Productivity Continues To Tumble In Q2, Labor Costs Continue To Soar
A report released by the Labor Department on Tuesday showed U.S. labor productivity continued to slump in the second quarter of 2022, while labor costs continued to soar. The Labor Department said labor productivity tumbled by 4.6 percent in the second quarter after plummeting by a revised 7.4 percent in the first quarter.
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1493 days ago
more news
Lyft Launches Media And Advertising Business
Ride-hailing company Lyft announced its foray into the media and advertisement business with the launch of Lyft Media as part of its vision to build the world's largest transportation media network. Lyft Media has built a suite of new products to allow advertisers to engage with Lyft's growing audience throughout their transportation journeys.
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1493 days ago
U.S. Labor Productivity Shows Another Steep Drop In Q2
A report released by the Labor Department on Tuesday showed U.S. labor productivity continued to slump in the second quarter, while labor costs continued to soar.
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1493 days ago
Dollar Falls Ahead Of U.S. Inflation Data
The U.S. dollar was lower against its most major counterparts in the European session on Tuesday, as investors awaited U.S. inflation data for more clues about the pace of future rate hikes by the Federal Reserve.
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1493 days ago
Ralph Lauren Affirms FY23 Revenue Growth Outlook - Update
While reporting its financial results for the first quarter on Tuesday, luxury fashion house Ralph Lauren Corp. (RL) affirmed its revenue growth guidance for the full-year 2023. It also provided revenue growth outlook for the second quarter.
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1493 days ago
Bay Street May Open With Slightly Negative Bias
Canadian shares are likely to open with a slightly negative bias Tuesday morning, weighed down by weakness in European markets and rising geopolitical tensions.
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1493 days ago
Hyatt Hotels Q2 Results Top Estimates
Hyatt Hotels Corp. (H) reported on Tuesday net income attributable to company for the second quarter of $206 million or $1.85 per share, compared to a net loss of $9 million, or $0.08 per share in the prior-year quarter.
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1493 days ago
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