Analysis: Strong economy puts Bank of Canada's 4-month rate hike pause in doubt

The Bank of Canada (BoC) became the first major global central bank to pause its rate-hike campaign in January, but the economy's surprisingly strong performance since then will test Governor Tiff Macklem's resolve to stay on the sidelines this week.

Energy sector's COVID recovery turns into massive CEO payday

The CEOs of America’s biggest oil companies were paid a lot more in the first year of the COVID crisis than initially estimated, thanks to stock-heavy compensation packages that have since soared in value, according to an examination of pay disclosures over t…

Analysis: A crowded 2024 Republican race helps clear the way for a Trump nomination

A growing number of contenders for the 2024 Republican presidential nomination could clear the way for a Donald Trump victory while throwing up roadblocks for his main rival Florida Governor Ron DeSantis, party members and strategists said.

Morning Bid: Jobs glow, crude pops, dollar lifts

A look at the day ahead in U.S. and global markets from Mike Dolan

Euro zone business growth slowed in May as factories struggled-PMI

Euro zone business activity was shored up last month by the bloc's dominant services industry offsetting a deepening decline in the manufacturing sector, according to a survey which also showed overall price pressures had abated.

Oil up $1 on Saudi plan to deepen output cuts from July

Oil prices were up $1 a barrel on Monday after top global exporter Saudi Arabia pledged to cut production by another 1 million barrels per day from July, counteracting the macroeconomic headwinds that have depressed markets.

Dollar bears bide their time as U.S. economic strength persists

A strong U.S. economy is giving an unexpected boost to the dollar, frustrating bearish investors betting on its decline.

UBS: takeover of Credit Suisse to close as early as June 12

Saudi pledges big oil cuts in July as OPEC+ extends deal into 2024

Saudi Arabia will make a deep cut to its output in July on top of a broader OPEC+ deal to limit supply into 2024 as the group seeks to boost flagging oil prices.

Russia says it thwarted major Ukrainian offensive, killed hundreds

Russia said on Monday that its forces had thwarted a major Ukrainian offensive at five points along the front in the southern Ukrainian region of Donetsk and killed hundreds of pro-Kyiv troops.