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China Steps in to Boost Stocks, Cool Off Yuan
Stimulus effort falls flat.
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Tapestry CEO on Earnings Beat, Consumer Outlook
Tapestry shares rose about 6% after the company beat earnings expectations and raised its guidance. CEO Joanne Crevoiserat says that strong performance across North America, Asia—with China as an anchor—and Europe supported the higher…
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Carney, Bank of Canada Renew Framework to Focus on 2% Inflation Target
The Bank of Canada has renewed its policy framework, narrowing its focus on price stability and confirming that hitting its 2% inflation target is its most important priority.
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Equity Volatility Jumps Most Since April 2025 Tariff Turmoil
The cost to hedge against the biggest S&P 500 plunge in more than a year soared on Thursday as traders sought cover from further wild swings.
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Bloomberg Businessweek Daily: Propane's AI Power Play (Podcast)
Source: Bloomberg, 0:00
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Canada Budget 2026: Carney Spends Oil Windfall on Tax Measures, Housing Plan
Plus: Canada-US beer trade slows to a trickle
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Rebekah Jurata Tapped for Treasury Assistant Secretary Role
The White House plans to nominate Rebekah Goshorn Jurata to serve as the US Treasury’s assistant secretary for financial institutions after Luke Pettit left the role in October, according to people familiar with the matter.