Fed cuts key rate by sizable half-point
Move reflects new focus on bolstering the job market
- By: Christopher Rugaber, The Associated Press
- September 18, 2024 September 18, 2024
- 14:14
Move reflects new focus on bolstering the job market
Sept. 4 deliberations reveal concern that high rates could push inflation down by more than necessary
Moves to sub-penny trading increments among reforms to reduce costs, enhance transparency
Portfolio flows rise in July, as Canadian investors curb cross-border buying: StatCan
Deficit totalled 695 billion yen, or $4.9 billion, down 26% from a year earlier
Higher air fares offset by lower fuel costs and restaurant and hotel bills
Company aims to rival the big banks, by having more than a trillion dollars in AUA
Firm failed to appreciate the risks posed by FTX's affiliated hedge fund, regulator says
Sanctions seek deterrence, level playing field for compliant crypto firms
Firm aims to expand its private wealth secondaries business
Job vacancies decline, driving up the ratio of unemployed workers to openings
The changes are set to come into force mid-December
Investors see jobs data as boosting chance of rate cuts
Rising geopolitical risk threatens to undermine rules-based economic system
Economy continues to grow, with Atlanta Fed projecting 2.7% increase in Q4
Adjudicator rejects $213M claim against Bridging flagship fund
Investors lost $9.8M on investment that turned out to be a fraud
Preventing communication with clients could harm regulatory compliance
Use these tips to talk TFSAs, RRSPs and FHSAs in the new year
However, healthy life span from birth has fallen by two years from 2019
Social security funds posted a surplus of $13.5B for the quarter
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
Plus, product news from Harvest, AGF, CIBC, NEI, Manulife and RGP Investments
$125B in inflows far surpassed previous high of $76B in 2024
The funds suffered net outflows of US$2.95 billion in the month: ETFGI