The result for the latest quarter was boosted by the inclusion of HSBC Canada's operations, which Royal Bank picked up last year in a $10.1 billion deal. The acquisition, which bolstered its personal ...

Total U.S. employment sits around 160 million, but there are some 9 million federal employees and contractors potentially worrying about their jobs, according to Torsten Slok, chief economist at ...

Bank of Montreal's common equity tier 1 ratio stood at 13.6% at the end of latest quarter. The country's banking regulator requires a CET1 ratio of no less than 11.5% of risk-weighted assets at each ...

Truist Wealth Management’s co-chief investment officer, Keith Lerner, downgraded equities to Neutral from Attractive.

Bonds are up so far in February, outperforming U.S. stocks as major equities benchmarks appeared on track for a monthly loss with just a few trading days to go until March.

Flaws with the widely accepted measures of risk in financial markets are creating an illusion for investors in public and ...

The Atlanta Federal Reserve is projecting a contraction of the nation’s gross domestic product (GDP) of 1.5 percent in the ...

Real U.S. Gross Domestic Product in the fourth quarter 2024 rose at an annual rate of 2.3%, according to the Commerce ...

The central bank’s GDPNow tracker of incoming metrics is indicating that gross domestic product is on pace to shrink by 1.5%.

Canada’s economy perked up in the final months of last year as consumers continued to ramp up their spending, spurred on by the central bank’s rapid-fire interest-rate cuts.

U.S. consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record ...