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Some consumers, businesses are feeling more optimistic about the economy, say BoC surveys

by Anas Siddiqui
Some consumers, businesses are feeling more optimistic about the economy, say BoC surveys

The Bank of Canada says business and consumer sentiment improved during the first quarter of the year, despite higher interest rates still putting a drag on the economy. The central …

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Ohtani can opt out of Dodgers deal if execs Walter, Friedman lose roles with team: reports

by Virginia Chavez
Ohtani can opt out of Dodgers deal if execs Walter, Friedman lose roles with team: reports

Shohei Ohtani can opt out of his $700 million US, 10-year contract with the Los Angeles Dodgers if either of two key executives is no longer in place, a person …

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U.S. Federal Reserve leaves key interest rate unchanged, expects 3 rate cuts in 2024

by Anas Siddiqui
U.S. Federal Reserve leaves key interest rate unchanged, expects 3 rate cuts in 2024

For a third straight time, the U.S. Federal Reserve kept its key interest rate unchanged Wednesday, as it signalled its expectations to make a series of quarter-point cuts to the benchmark interest …

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