Wall Street facing flat revenues, amid wild volatility
Trading revenues strong, investment banking mixed in Q1: Moody's
- By: James Langton
- April 8, 2025 April 8, 2025
- 16:38
Trading revenues strong, investment banking mixed in Q1: Moody's
March rents down 2.8% year-over-year amid affordability gains
The department has disbanded the Biden-era National Cryptocurrency Enforcement Team
“The U.S. threat to escalate tariffs on China is a mistake on top of a mistake": China's Commerce Ministry
Business survey shows 32% of firms expect recession this year
Government says it will defer select provincially administered taxes for six months from April 1 to Oct. 1
BMO tops RBC in debt underwriting, RBC still leads in equities
German economy minister calls on the EU to stick together: "we are in a strong position — America is in a position of weakness”
“The sky won't fall," according to The People's Daily
Lower rates are easing household strains, but cracks are starting to show
Political climate, SEC blamed for decline in ESG-focused resolutions
Canada's counter-tariffs will stoke inflation, slow growth: Desjardins
Powell said the tariffs are “significantly larger than expected” and that their inflationary effect could be "persistent”
Countries scramble to respond with countermeasures, negotiations and industry support amid sweeping U.S. trade restrictions
Biggest job decline since 2022 brought the unemployment rate for March to 6.7%
In a world where U.S. policy shifts like the wind, diversification is a must
In addition to a baseline 10% tariff on goods from most countries, about 60 nations will be subject to higher levies
Softer energy prices drive trend, as food, core inflation stable
Investment banking fees down in first quarter, as activity softens
PM says he's working on a "framework" for auto producers to get relief from the countertariffs as Stellantis Windsor plant pauses production
Transport costs are a barrier to diversifying, while moving factories to the U.S. would add closure, labour costs
The result compares with a $3.1 billion surplus in January
Jobless claims fell by 6,000 to 219,000 for the week ending March 29
Australian PM was harshly critical: "This is not the act of a friend"
Trump is going ahead with previously announced 25% tariffs on automobile imports