‘At The Edge Of A Cliff’: Oil Prices Could Plummet To Us$40 If U.S.-China Trade War Drags Down Global Economy

in finance •  17 days ago  (edited)

SNC-Lavalin investors hit with $5.2-billion stock wipeout, widened bond spread: Bloomberg News


The stock fell to a 15-year low, bringing the year-to-date plunge to 65 per cent

Canadian yield curve inversion dives to deepest level since 2000: Bloomberg News


Traders are adding to bets the Bank of Canada will 'roll over' and cut interest rates

How stores are working to get ‘numb’ back-to-school shoppers to spend now that every day is a sale: Bloomberg News


Back-to-school shopping was a one- or two-week thing. Now, it seems to go on forever

Tech leads Wall Street rebound, but TSX falls 250 points amid fragile global mood: Reuters


The loonie also declined for the first time in three days

The world’s richest lost $117 billion in Monday’s market meltdown: Bloomberg News


Amazon founder Jeff Bezos lost the most, shedding US$3.4 billion as shares of the online retailer tumbled

Canada had a great second quarter, but heavy regulations are still restraining investments: Deloitte: Joe Chidley


Craig Alexander talks about the Canadian economy and where it’s headed for the rest of the year

https://cts.businesswire.com/ct/CT

Ingram Micro IoT Summit Ignites Discussion Around Secure-by-Design Technologies and Business-Ready Solutions - Financial Post:


Ingram Micro IoT Summit Ignites Discussion Around Secure-by-Design Technologies and Business-Ready Solutions Financial Post Inaugural IoT event taking place in Irvine, Calif., Sept 4-5; Registration now open to Ingram Micro channel partners #IMIoTSummitIRVINE

‘Stop the eco-slaughter’: Turks rage against Alamos Gold’s plan to build gold mine allegedly using cyanide: Reuters


The Turkish government rejects charges that the mine will damage the environment and denies cyanide will be used

‘Ready to rumble’: Escalating U.S.-China fight puts world economy on the brink: The New York Times


Whatever happens next, it is clear that the trade war is no longer confined to trade

U.S. futures rebound after Wall Street’s worst day of 2019: Reuters


U.S. Treasury Department labeled Beijing a currency manipulator late on Monday, crushing any hopes of a swift resolution to the trade war

McDonald’s makes tweaks to the Big Mac, Quarter Pounder in quest for a hotter, juicier product: Jake Edmiston


McDonald's says it's focusing on beef amid the plant-based burger craze

The Fed’s rate cut may be the spark oilsands investors have been waiting for: Martin Pelletier


Martin Pelletier: For investors brave enough to position for the recovery, this is one heck of a potential opportunity

This borrow-to-invest strategy can build you wealth with someone else’s money: Ted Rechtshaffen


Borrowing to invest doesn’t have to be scary; in fact most people have done it

‘Constant upheaval’: Why Canadian businesses have not fully rebounded from the post-tariff stall: Kevin Carmichael


Kevin Carmichael: What might our trade future look like? StatCan looks at the skirmish over Trump’s specious steel and aluminum duties

Oreo Iced Capps just weren’t our thing. Plus, sluggish lunch sales hamper Tim Hortons growth: Jake Edmiston


Bevy of product launches fall short of expectations, but doughnuts fly off the shelves. Parent RBI will keep up the experimentation

The death — and rebirth — of the supermarket ethnic aisle: Jake Edmiston


Segregating food by ethnicity has been vilified for years, but it has survived — and lately begun to thrive

Old-fashioned child-care expense rule can add to modern families’ bills come tax time: Jamie Golombek


Jamie Golombek: Rule that deduction must be claimed by the lower-income partner written with traditional family in mind

Telus likely picked up market share in the quarter as strong results offset pricing pressure: Financial Post Staff


New subscribers beat estimates, rising by a third to 186,000 during the three months

This renter shows a five-star retirement is possible even without a real estate windfall: Andrew Allentuck


Frugal fifty-something has rented all his life, prefers public transit to owning a car and avoids debt


[news curation]@wakanda-forever


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