Stock futures flat as U.S. and Canada appear headed for trade war
U.S. stock-index futures were little changed on Sunday, as it appeared the U.S. was on the verge of an all-out trade war with Canada, one of its biggest trade partners.
U.S. stock-index futures were little changed on Sunday, as it appeared the U.S. was on the verge of an all-out trade war with Canada, one of its biggest trade partners.
Nearly four years after mortgage rates surpassed 6 percent for the first time since the height of the 2008 financial crisis, borrowing conditions for homeowners and prospective buyers have remained stubbornly elevated with no signs of abating anytime soon. The average U.S. 30-year fixed mortgage rate went up to 6.02 percent from 5.89 percent for…
Key insight: CIBC’s most tariff-sensitive loans amount to a tiny fraction of its overall loan portfolio, according to Chief Credit Officer Frank Guse. Supporting data: The net interest margin for the Canadian bank’s U.S. operations dipped by 14 basis points to 3.76%, due in part to stronger credit quality. Expert quote: “Loans are getting repriced…
I am not a Luddite; at least, I used to not be a Luddite. I used to be an early adopter. I got my first PC in 1982 (the Timex Sinclair 1000, if you’re curious), we were the first family in town to have a Betamax, etc., etc. I like technology. I have to admit,…
“My grandmother first passed away at the age of 95, and a few days later, in a very awful simultaneous event, I lost five additional family members in the same day,” he said. “My mother, my aunt, my cousin, my two uncles. It was a total of five people on that day that passed away….
The Justice Department has seized more than 1,000 domains illegally streaming World Cup matches. The seizures, announced Monday (July 20), took place in three different actions during the global soccer tournament, and were based on investigation by the U.S. Immigration and Customs Enforcement Homeland Security Investigations (HSI) Washington Field Office and the National Intellectual Property…
Shares of Medtronic (MDT +0.97%) have been struggling for years. They’re down more than 7% so far in 2026 and off by more than 32% over the past five years. The Irish medical device company posted its fiscal 2027 first-quarter report on Sept. 1, and despite its strong results, the market’s reaction was tepid. Shares…