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RISE

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Car loans now top $1 trillion as delinquency rates rise

Car loans now top trillion as delinquency rates rise DETROIT — Americans are borrowing more than ever for new and used vehicles, and 30- and 60-day delinquency rates rose slightly, according to a quarterly report by Experian Automotive. The total balance of all outstanding auto loans reached $ 1.027 trillion … Continue reading at usatoday.com […]

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US stocks rise for a 5th day on solid earnings reports

US stocks rise for a 5th day on solid earnings reports NEW YORK (AP) — Solid earnings reports Thursday drove the stock market to another record high. Stocks rose from the start of trading after JPMorgan Chase released results that were better than analysts expected. Companies are expected to report earnings … Continue reading at […]

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Recent rise in yen ‘extremely worrying’: Japan finance minister

Recent rise in yen ‘extremely worrying’: Japan finance minister Japan’s finance minister said late Saturday the recent sharp rise in the yen is “extremely worrying”, adding Tokyo will take action when necessary. The remarks, which suggest Tokyo’s possible market intervention, came after the Japanese unit surged to an … Continue reading at timesofindia.indiatimes.com Here’s what […]

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Canadian Stocks Are Climbing As Commodity Prices Rise — Canadian Commentary

Canadian Stocks Are Climbing As Commodity Prices Rise — Canadian Commentary (RTTNews.com) – The Canadian stock market is up in early trade Friday, adding to its gains from the previous 5 trading sessions. Rising commodity prices are providing a boost to the market this morning, with strength in mining, gold and energy stocks. Continue reading […]

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The recent rise in inflation might mean recession is already here

The recent rise in inflation might mean recession is already here The firm writes: Counter-intuitively, the recent increases in core inflation are normal in the sequence of how a recession evolves. The typical business-cycle sequence is that the manufacturing sector weakens first, then employment and consumer spending … Continue reading at businessinsider.com Oklahoma Business Holds […]

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Wal-Mart Stores, Inc., Home Depot Inc Rise After Solid Earnings Reports

Wal-Mart Stores, Inc., Home Depot Inc Rise After Solid Earnings Reports Walmart and Home Depot released their latest earnings reports before opening bell this morning, both posting results that were better than expected. Shares of both retailers moved higher in premarket trading this morning. Walmart reported earnings of $ 1.03 … Continue reading at valuewalk.com […]

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Canada’s dollar falls below 76 cents US, North American stock markets rise

TORONTO – North American markets rose Friday after the European and Chinese central banks signalled new efforts to boost growth through monetary policy. The Toronto Stock Exchange’s S&P/TSX composite index ended the day up 75.55 points at 13,953.66, helped by a rebound in the share price of embattled Valeant Pharmaceutical International (TSX:VRX). Canada’s largest drugmaker […]

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