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Over the longer term, the Canadian economy would contract by an estimated $271 billion CAD by 2035, with the US economy losing $1.04 trillion USD. “The US-Canada relationship is one of the most integrated economic partnerships in the world, supporting millions of jobs, driving innovation, and strengthening our collective competitiveness,” said Beth Burke, chief executive officer…
U.S. Treasury yields were broadly higher on Wednesday as inflation and debt concerns pressured global government borrowing costs. The yield on the 10-year Treasury note — the main benchmark for mortgages, auto loans and credit card debt — was 1 basis point higher at 4.81%. It also reached 4.814%, its highest level since November 2023….
Munis were narrowly mixed on the short end and in the belly of the curve but saw losses out long Wednesday as longer-term U.S. Treasuries saw gains and equities ended lower. Processing Content After the consumer price index release, which showed higher-than-expected inflation in the core read, “[Treasury] yields moved higher, with the 10-year Treasury…
The far depths of South Philadelphia could get another 262 units of housing if a pair of proposals for the neighborhood come to fruition. A rendering of the townhome proposal at 3100 Penrose Ferry Road Trove Capital wants to build 140 townhouses at 3100 Penrose Ferry Road in the shadow of Interstate 76, and Hightop…
Cipher Digital stock drops 12% following $850 million debt offering
German State Elections Sharpen Focus on Chancellor Merz’s Political Future German State Elections: Implications for Chancellor Merz and Party Dynamics By James Mackenzie BERLIN, Sept 20 (Reuters) – German voters go to the polls on Sunday in two state elections that look likely to heap more pressure on struggling Chancellor Friedrich Merz, whose future has been…