Advanced Auto Parts’ stock falls after a surprise quarterly loss, plan to close more than 700 stores
Shares of Advance Auto Parts Inc. AAP dropped 1.8% in premarket trading Thursday, after the maker of auto parts for both professional and do-it-yourself customers reported a surprise third-quarter ...
Yahoo16h
Auto Parts Makers Are Cut by TD Cowen on Trump’s Tariff Threat
It’s up to the auto industry to persuade the Trump administration that North American collaboration, not tariffs, will make ...
Canadian Underwriter15d
Auto rates continue to climb, while home rates plateau
Canadian auto insurance premiums have increased 12.2% nationally compared to this same time last year, while personal property (home) insurance rates are up 7.7% since 2023 Q3, per the latest ...
Nasdaq16d
What the Fed’s Rate Cut Means for Your Portfolio
That brings us to the Federal Reserve's most recent rate cut. In September, the Fed lowered its federal funds rate by 50 basis points (a basis point is one one-hundredth of a percentage point ...
Benzinga.com19d
November Interest Rate Cut Almost A Done Deal As Blackout Begins: 10 Stocks Surging The Most Since Fed's Last Decision
Investors nearly fully price in a November Fed rate cut, assigning a 96% chance, according to CME FedWatch. Election uncertainty and a widening U.S. deficit add complexity to market outlooks ...
The Taipei Times19d
Chinese central bank refrains from rate cut
Pan last week said that the central bank might cut the RRR by 25 to 50 basis points by the end of the year depending on market liquidity conditions. Opinions on the potential window for the next ...
Business Recorder20d
200bps cut in key policy rate likely
KARACHI: With the State Bank of Pakistan (SBP) set to hold its Monetary Policy Committee (MPC) meeting on November 4, 2024, analysts anticipate a potential interest rate cut of at least 200 basis ...
blogTO20d
Expert shares why BoC's 'jumbo' rate cut won't really help most Canadians
The Bank of Canada (BoC) announced a massive interest rate cut this week, but one expert says it may not make a big difference for most Canadians. The BoC dropped the rate by 50 basis points ...
CNN20d
Here’s why mortgage rates are rising after the Fed’s rate cut
When the Fed cut interest rates last month, many hoped it would kick-start the frozen housing market. Mortgage rates track the 10-year US Treasury yield, which was expected to fall in anticipation ...
Wall Street Journal20d
Dollar Eases as Fed Rate Cut Looks More Likely, Election Looms
Cost pressures are easing, and the Bank of England could therefore cut interest rates more aggressively if the U.K.’s economic slowdown deepens, he says. GBP/USD falls to 1.2950 after the data ...
Business Insider21d
After the latest Fed rate cut, mortgage rates haven't fallen — but neither have the interest rates some banks are paying for your cash
At the November Fed meeting, the Federal Reserve made its second interest rate cut of the year, lowering rates by 25 basis points. When the Federal Reserve cuts rates, it indirectly influences ...
Financial Post21d
Bank of Canada needs deeper rate cuts to bring real estate sector off sidelines, say experts
The Bank of Canada slashed its overnight lending rate by 50 basis points to 3.75 per cent on Wednesday, marking its fourth consecutive cut this year. While the drop was welcome news for the real ...