Two major reporters: BAC (EPS $1.11 beat $1.01, NII +9%, every segment grew, net income +17%) and MS (EPS $3.43 crushed $3.02 by 13.6%, record revenue $20.6B, record equities trading $5.15B, ROTCE 27.1%, stock +4.3%).
Mortgage rates and inflation are expected to remain elevated through 2026 as pressures tied to geopolitical tensions keep Federal Reserve rate cuts on hold. That’s according to Mike Fratantoni, chief economist and senior vice president of research and business development at the Mortgage Bankers Association (MBA). Speaking during an
The International Monetary Fund (IMF) has forecasted a 4.1 per cent growth for Nigeria in 2026. This is even as global growth remains weak. In [...] Read Full Article →
A proposed relocation of the Golden Eagle Casino and hotel in a city north of Saskatoon entered its early stages and is expected to cost $100 million, according to the MGBHLM. Read Full Article →
Saudi Aramco outlook: supply disruptions, OPEC+ cuts & Hormuz risks lift oil prices; Vision 2030 adds urgency. Click for this ARMCO update. Read Full Article →
