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Canadian housing market suffers 'sleepy month' ahead of rate cut
Canada’s housing market weakened in May, ahead of a long-awaited interest rate cut from the Bank of Canada that may help ease some pressures on buyers.
Canada’s housing market weakened in May, ahead of a long-awaited interest rate cut from the Bank of Canada that may help ease some pressures on buyers.
The US Supreme Court agreed to use a case over Nvidia Corp.’s crypto-mining revenue to consider making it harder for shareholders to press securities fraud lawsuits.
Canada’s housing starts jumped to the highest level in seven months, as the country’s two largest provinces ramped up construction on apartments, townhouses and condominiums.
The Food and Drug Administration delayed a breast- and lung-cancer trial of an experimental treatment that BioNTech SE licensed from Chinese biotech MediLink Therapeutics Ltd., citing safety concerns.
Bank of America Corp.’s Dan Mead expects US blue-chip bond market activity to slow down through the end of this year, after borrowers gorged on debt in the first half, enticed by attractive yields now and avoiding election volatility later.
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