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October 22, 2019
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Reuters - Business

Bank of Canada rate cut bets sink as investors eye post-election spending

Reuters
TORONTO (Reuters) – Investors are ditching bets that the Bank of Canada will cut interest rates over the coming months as the domestic economy shows resilience and the federal election result adds to prospects of growth-boosting fiscal spending next year. FILE PHOTO: A sign is pictured outside the Bank of...
CNBC Business

Top analyst Stephen Tusa, who called GE’s decline, has a favorite stock in the industrial space

CNBC
The top industrials analyst on Wall Street said on CNBC’s “Halftime Report” that he likes United Technologies’ upside from here. Source link: Click here for more
CNBC Business

Stocks making the biggest moves premarket: Biogen, Under Armour, P&G, Hasbro & more

CNBC
Names on the move ahead of the open. Source link: Click here for more
CNBC Business

Negative rates have consequences we don’t fully understand, Jamie Dimon says

CNBC
An increasing number of business executives and economists have spoken up against adopting a negative interest rates policy for long. Source link: Click here for more
CNBC Business

Trump fumes about ‘phony Emoluments Clause’ amid scrapped plan to host G7 at his resort

CNBC
Trump also suggested without evidence that his predecessor, Barack Obama, may have been securing business deals while in office. Source link: Click here for more
CNBC Business

Tornado ravages north Dallas, leaving thousands without power

CNBC
A tornado plowed through parts of northern Dallas late on Sunday, knocking out power to more than 175,000 homes and businesses and delaying flights at regional airports, officials said. The storm left a miles-long swath of destruction through Dallas. Source link: Click here for more
CNBC Business

China tariff deal was easy compared to the EU’s bazooka-proof trade walls

CNBC
The German trade surplus is stifling the economic growth in the rest of Europe, Michael Ivanovitch writes. Source link: Click here for more
CNBC Business

Deal-making in Asia is set to slow until 2020 amid trade tensions and recession fears

CNBC
Mergers and acquisitions activity in Asia Pacific could decline by 18% in 2019 to $634 billion amid global uncertainties, a joint report by Baker McKenzie and Oxford Economics predicts. Source link: Click here for more
CNBC Business

The yield curve recession indicator is righting itself, but that doesn’t mean we’re in the clear

CNBC
The frightful bond-market inversion is over for now. But you may want to hold off on the Dom Perignon and party hats. Source link: Click here for more
CBS US News

Opioid epidemic cost U.S. more than $600 billion over 4 years

CBS News
The opioid epidemic, which has taken hundreds of thousands of lives in the U.S., has also taken a massive toll on the economy, according to a new report released ahead of a landmark trial against drugmakers set to begin Monday. The total economic cost of the crisis, declared a federal...
CBS US News

Bank lending slowed in third quarter, heightening recession fears

CBS News
The nation’s four largest banks reported their quarterly earnings this week, which were generally better than expected. But lending by the big banks was down, providing another sign that economic activity in the U.S. is slowing. The drop in lending comes as the Federal Reserve has been lowering interest rates...
CNBC Business

Stocks making the biggest moves premarket: American Express, Coca-Cola, E*Trade & more

CNBC
Names on the move ahead of the open. Source link: Click here for more

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