Earnings season is taking a rain-check on travel site Expedia Group (EXPE) after the company slashed its full-year guidance after first-quarter bookings...
) after the company slashed its full-year guidance after first-quarter bookings missed estimates. Expedia's stock is tumbling on this news despite an earnings beat on the top and bottom lines, while Booking Holdings , representing 11% of current Canadian gas output. -- The Securities and Exchange Commission accused the auditor of Donald Trump’s social-media company of massive fraud affecting hundreds of companies and more than 1,500 regulatory filings.
OTTAWA -The Bank of Canada is getting closer to being able to start cutting interest rates from their current 23-year highs, Governor Tiff Macklem said on Wednesday. In testimony to the Senate banking committee, Macklem said inflation was coming down and Canadians wanted to know when the central bank would start cutting interest rates. Canada's annual inflation rate was 2.9% in March, a little higher than the previous month.
Robert McLister: Offer is 101 basis points lower than Canada's benchmark prime rate of 7.2%, but bank appears to be playing coy with this sizzling discountTORONTO — Canada’s financial-crime watchdog has levied a $9.2-million penalty against The Toronto-Dominion Bank for non-compliance with money laundering and terrorist financing measures as the bank also faces compliance investigations in the U.S.
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