U.S. adds a surprisingly strong 517,000 jobs despite Fed hikes
Policymakers hope to bring down inflation by reducing job openings
- By: Paul Wiseman, The Associated Press
- February 3, 2023 February 3, 2023
- 11:15
Policymakers hope to bring down inflation by reducing job openings
Decentralized finance protocols were the top target of crypto thefts
Rate increases are needed to match expanding responsibilities
Macro challenges, greenwashing concerns to keep new issue activity shy of record levels
Several changes occurred across asset management and wealth management
Inflation has slowed but is still fuelling a cost-of-living crisis, public-sector strikes and fears of recession
Liberals said they will release details about the 2% tax in Budget 2023
Protecting independence of advisors was "foremost" in the decision, BridgeForce co-presidents said
Despite economic concerns, respondents didn't speak to a financial professional
The increase comes even as the European economy slows
The proposal would allow for disgorged funds to be paid out to victims of industry misconduct
New products include target-date RESP funds, covered calls and high-interest savings
``It would be very premature to declare victory," Powell says
'Hot print' from Micron Technologies boosted enthusiasm for tech stocks, says portfolio manager
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
High-profile firms and their clients were targeted in 2025
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
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
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