Construction spending hits record high level in October
Spending on construction projects rose 0.4% in October to $2.17 trillion, the Commerce Department reported Monday.
Bond funds attract another $5.8 billion in a blockbuster year for fixed-income inflows
U.S. bond funds pulled in another $5.8 billion during the Thanksgiving holiday week, a downshift from their four-week average ...
Lion Electric Shares Jump on Debt Deadlines Postponement, Temporary Layoffs
Shares of Lion Electric jumped in early trading Monday after the company said it temporarily laid off staff and extended debt deadlines with its lenders. Shares trading in Toronto rose 29% to 33 ...
Duke Energy N.C. Residential Customers to See 4.5% Cost Decrease
Commercial customers will see an average decrease of about 6.3%, while industrial customers will see an average decrease of less than 0.1%. Duke Energy Progress serves about 1.5 million customers in ...
Stocks remain mostly higher after improvement in key U.S. manufacturing gauge
Stocks were mostly higher after a closely watched gauge of U.S. manufacturing indicated that activity continued to shrink, but at a slower pace in November. The Institute for Supply Management’s ...
Stocks are poised to enter 2025 at historically lofty valuations. Spreads on junk bonds are at historical lows.
Investors can't seem to get enough of U.S. stocks or riskier bonds in the final stretch of the year. But can the rally last? "We just witnessed one of the best two-year returns for the S&P 500 in ...
Dollar set up for a bullish run in early 2025 amid greater volatility: TD
Disrupted supply chains caused by geopolitical risks, distorted inflation reads, and greater volatility are among the factors that set the dollar up for a bullish run early next year, according to TD ...
U.S. manufacturers post biggest increase in orders since spring, but slump is not over yet
A key barometer of U.S. factories rose to a five-month high in November and new orders turned positive for the first time ...
10 of Wall Street’s favorite dividend stocks for 2025 with yields of at least 4%
Short-term interest rates are still high enough for you to get a yield of more than 4% on a savings account. But stocks with ...
Canada Manufacturing Sector PMI Rises to 52 in November, Highest Since Early 2023
The S&P Global Canada manufacturing purchasing managers index rose to 52.0 in November from 51.1 the month before, the highest levels since February 2023 and third straight month ...
Lightspeed Commerce Shares Fall on Layoff Plans
Lightspeed Commerce shares fell Monday morning after the company said it would lay off 200 of its staff at a time when the company is mulling a potential sale of the business. Shares trading in ...
Stocks open slightly higher after best month of 2024
The U.S. stock market kicked off December with modest gains, as the Dow Jones Industrial Average and S&P 500 built on record finishes ahead of a busy week of economic data. "There is a risk in the wee ...