Powell may use speech to hint at how fast the Fed could cut rates
The central bank is poised to cut its benchmark interest rate next month from its 23-year high
- By: Christopher Rugaber, The Associated Press
- August 20, 2024 August 20, 2024
- 09:59
The central bank is poised to cut its benchmark interest rate next month from its 23-year high
The latest reading comes ahead of the Bank of Canada's next interest rate announcement on Sept. 4
Carl Icahn and Icahn Enterprises have agreed to pay $2M in total in penalties: SEC
Settlement hearing with Royal Mutual Funds scheduled for Oct. 15
Young people were the hardest hit, data shows
Two sectors made 53% of all corporate capital gains in Canada between 2018 and 2022, data shows
Sentencing followed long-running scheme that diverted more than $10.7 million of investor funds
Canadian investors jumped into U.S. stocks, while foreign investors dumped domestic equities
The sanction is the FCA's first penalty against an auditor
IG Wealth snagged a new director of business development, and more
The supply of affordable housing has been a key political issue
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Central bank sees slowdown in wage gains from collective agreements
Rise in benchmark short-term rate to 0.75% is aimed at curbing inflation
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
Execs that previously pleaded guilty in fraud case accept regulatory sanctions
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Provincial regulator can halt trading when misinformation circulates
QAFP exam has one more sitting before title protection transition ends
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
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Mutual fund, ETF AUM rose for the seventh consecutive month
Plus, other product launches and news, including more ESG fund terminations
More than 300 new products landed in 2025 — a new record