C$ slides as currency handbook goes ‘out the window’

Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Article content TORONTO — The Canadian dollar weakened against its U.S. counterpart on Thursday as a relief Financial Post Top Stories Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. By clicking on the sign … Read more

Oil Slides Toward January Low as Dollar Muscles Its Way Higher

Article content (Bloomberg) — Oil retreated as further gains in the dollar and figures pointing to higher US stockpiles countered speculation that OPEC+ will cut output. Article content West Texas Intermediate sank below $78 a barrel, dropping toward the lowest level since early January that was hit on Monday. The US currency advanced to a … Read more

U.S. steel industry activity rate slides to lowest since January 2021 (NYSE:NUE)

lyash01/iStock via Getty Images U.S. raw steel production fell 0.6% to 1.683M net tons in the week ended September 24 while the capability utilization rate slipped to 76.4%, its lowest rate in 20 months, according to the latest weekly report from the American Iron and Steel Institute. Adjusted YTD raw steel production through September 24 … Read more

British pound slides to an all-time low against the dollar. Here’s the impact.

The pound is taking a pounding. The British currency has plunged, sliding against the U.S. dollar to touch an all-time low. It’s a sign of the alarm in financial markets over new Prime Minister Liz Truss’ emergency budget measures unveiled last week aimed at jump-starting the ailing economy. Investors are spooked by a sweeping package … Read more

Novavax Stock Slides As JPMorgan Cuts Price Target, Lowers Rating

Novavax Inc.  (NVAX)  shares moved sharply lower Thursday after analysts at JPMorgan lowered their rating and price target on the drugmaker following its decision to slash near-term sales forecasts.    JPMorgan analyst Eric Joseph cut his rating on the stock to ‘underweight’, from ‘neutral’, while slashing his price target by more than $100, to $27 per … Read more

Jennifer Lopez’s Fuzzy Platform Slides Dupe: Shop – Hollywood Life

Image Credit: tanacha / adobe stock If you purchase an independently reviewed product or service through a link on our website, we may receive an affiliate commission. More AboutJennifer Lopez It’s not a secret that Jennifer Lopez has major style. She’s known to keep things glamorous and chic wherever she goes. Last weekend, she was … Read more