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The Bank of Canada cut interest rates in June for the first time in four years, lowering the rate from five per cent to 4.75 per cent, and one chief investment strategist says economic trends point to more cuts in the coming months. Jun 24.
Watch BNN Bloomberg, Canada's Business News Network, live here now. Live. Schedule. Video FAQ. Watch Live Now.
Cost cutting continues at BlackBerry as firm reports US$42-million net loss in Q1. BlackBerry Ltd.'s chief executive says the company's preparations to divide up its business have so far produced millions in savings and put the business on a path to profitability. 22h ago. 8:35.
Watch live coverage of Canadian business news and market updates on BNN Bloomberg.
Wall Street’s massive expiration of options not only left stock traders more cautious, it also drove one of the leaders of the bull market to a roller-coaster ride. Volume soared at the close of trading. BNN Bloomberg is Canada's Business News Network reporting on interest rates, inflation and the markets.
BNN Bloomberg's mid-morning market update: June 27, 2024. 2:30. BNN Bloomberg's closing bell update: Jun. 26, 2024. Subscribe to BNN Bloomberg Newsletters;
BNN Bloomberg. BNN Bloomberg (formerly Business News Network and Report on Business Television) is a Canadian English language discretionary specialty channel owned by Bell Media. It broadcasts programming related to business and financial news and analysis. The channel is headquartered at 299 Queen Street West in Downtown Toronto .