Cavco, Champion eye long-term growth from chassis removal
Transport Minister Steven MacKinnon said the project will lead to 700 new jobs and that the first new car should be delivered in 2031, per The Canadian Press. CBC News reported there is no timeline yet for construction of the cars. The government announced $1.6bn in July to replace 45 Via Rail locomotives and a…
Recently, in August, CySEC (Cyprus Securities and Exchange Commission) warned about nine websites that do not belong to any entity authorised to provide investment services. This was the first warning from the Cypriot regulator since June. While CySEC oversees the largest number of FX/CFD brokers in Europe, its activity in issuing warnings remains relatively low,…
Consumer spending snapped back in August after a brief lull, adding to mounting evidence of an acceleration in the U.S. economy despite a series of strains.
US banks cluster at stronger DFAST capital lows – Risk.net Skip to main content End of drawer navigation content Weakest projected capital ratio rises 390bp since 2018 Large US banks’ projected minimum Common Equity Tier 1 (CET1) ratios in the Federal Reserve’s annual stress tests have risen and become more tightly clustered since 2018, a…
Berkshire Hathaway Inc. has amassed a $2.2 billion stake in Lennar Corp., putting the conglomerate in position to overtake Vanguard Group Inc. as the homebuilder’s largest shareholder. Processing Content Berkshire bought $53.9 million worth of Lennar shares in the last three days of September, according to a regulatory filing. The firm now owns 11% of…
The US 10-year Treasury yield surpassed 5% for the first time since 2023 on Monday, as mounting inflation angst collided with swelling government and corporate borrowing needs. Processing Content The yield, a benchmark for US mortgage loans and bonds globally, rose almost 5 basis points to as high as 5.01%, before paring much of the…