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Significant rate hike by BoC, hinted to be the last of its kind for now
On Wednesday, the Bank of Canada increased its benchmark nightly interest rate by 0.5 percentage points to the top level in nearly 15 years,...
U.S. lawmakers reduce proposed restrictions on Chinese semiconductors
According to a recent draught, U.S. senators have backed down from a proposal that would have imposed new restrictions on the use of Chinese...
Competitor pilots refer to Delta’s salary package as a new “benchmark”
Rival airlines United Airlines (UAL.O) and American Airlines (AAL.O) may offer pilots similar pay increases after Delta Air Lines (DAL.N) offered them a 34%...
For any OPEC supply gaps, Europe cannot rely on the U.S. shale
Over the previous two decades, American shale oil drillers went from being ragtag wildcatters to multimillionaires, helping the country become the world's top producer....
Wall Street seeks recession wagers to withstand probable turmoil in 2023
Concerns are growing that the Federal Reserve's increase in interest rates will trigger an economic slump next year, and investors are looking at everything...