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JPMorgan's Kolanovic warns S&P 500 will plummet 23% by year-end. The S&P 500 Index may be headed for another record closing high, but JPMorgan Chase & Co.’s Marko Kolanovic says the benchmark will falter in coming months in the face of mounting headwinds, from a slowing U.S. economy to downward earnings revisions.
Report on Business is Canada’s authoritative source for breaking business news and in-depth analysis. Stay informed on national and world business markets, economic policy, business policy ...
Economy. Agustin Carstens: Central banks alone cannot deliver a durable increase in economic growth and prosperity. A whopping 38 per cent now see Canada with the most extreme level of inequality, a 19 percentage point increase in five years. Watch Deloitte's chief economist on interest rates, the housing market and the Canadian economy.
The real estate giant owes over US$300B. A Hong Kong court ordered China Evergrande, the world’s most heavily indebted real estate developer, to undergo liquidation following a failed effort to restructure US$300 billion owed to banks and bondholders that fueled fears about China’s rising debt burden.
Market Call – Daily at 12 p.m. ET and 6 p.m. ET. Market Call is Canada's leading stock market call-in program. Every weekday, top fund managers and market analysts - professionals who handle billions in retail and institutional investments - give their thoughts and top picks. We take your calls on everything from small caps to ETFs.
Google's emissions shot up 48% over five years due to AI. Google’s emissions climbed by almost half over five years, as the company has infused artificial intelligence throughout many of its core products — making it harder to meet its goal of eliminating carbon emissions by 2030, according to a new environmental report from the tech giant.
Latest news on interest rates in Canada, the Bank of Canada, inflation, housing market, real estate, and more. ... Business owners have found that offering summer hours – a reduced schedule on ...
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