finance

In a surprising turn of events, Amazon’s stock has recently taken a significant hit after the company issued a disappointing sales forecast for the upcoming quarter. Despite showcasing remarkable earnings in the past months, the giant’s outlook has raised eyebrows among investors, as they were expecting stronger growth and higher revenue. This news has created […]

In a significant move reflecting its ongoing financial difficulties, Canada Post has announced the layoff of almost 50 managers this week. This decision comes amidst a troubling landscape of declining mail volumes and fierce competition in the parcel delivery market. The Crown corporation assures that despite these layoffs, the services to Canadians will remain unchanged.

Uber Technologies is gearing up to unveil its fourth-quarter earnings report, and investors are on the edge of their seats. Scheduled for release on February 5th, this report is crucial as it will reveal how the company performed over the past few months. With analysts predicting significant revenue growth, yet a drop in net income,

Wall Street is buzzing with activity as the S&P 500, a key stock market index, has been experiencing wild ups and downs lately. This rollercoaster ride is mainly due to various economic indicators that are sending mixed signals to investors. The fluctuations have some experts concerned while others see potential opportunities. What’s Happening with the

Palantir Technologies Inc. has grabbed headlines this week after its stock skyrocketed by an impressive 22%, following the release of its fourth-quarter earnings report that beat all expectations. Investors are buzzing about the company’s strong performance and bright future, particularly in light of its innovative use of artificial intelligence (AI) in various sectors. Earnings Report

The Canadian dollar is experiencing some major ups and downs lately. Just as it dipped below 68 cents against the U.S. dollar, news of potential tariff relief sent it soaring once more. This rollercoaster ride is largely due to new tariffs imposed by the United States, which have shaken markets and raised concerns among Canadian

In the bustling world of business technology, Shopify’s CEO Tobi Lutke has sparked a lively discussion on trade relations between Canada and the United States. His recent comments stem from the controversial 25% tariffs imposed by former US President Donald Trump on Canadian goods. Lutke hasn’t held back in expressing his view that Canada’s response

The S&P/TSX Composite Index, which is Canada’s main stock index, faced a significant drop today as it opened lower, sending waves of concern through the financial markets. By early morning, the index was down 2.4%, indicating a tough start for investors trying to navigate the current economic landscape. This decline has been largely attributed to

The U.S. dollar is currently making headlines as it shows signs of fluctuation ahead of major economic reports that are about to be released. Investors and economists are closely watching these trends to gauge the dollar’s strength in the upcoming days, with many significant factors at play. What’s Happening with the U.S. Dollar? Recently, the

In a significant development for taxpayers, India’s Finance Minister Nirmala Sitharaman recently unveiled the new income tax slabs during the Budget 2025 presentation. These changes aim to provide much-needed relief to the middle-class and introduce further options for taxpayers navigating their finances. Let’s dive into what these new tax slabs entail and how they might