Powell Expected to Seek Another Cut Despite Strong Spending

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Powell Expected to Seek Another Cut Despite Strong Spending

Federal Reserve Chairman Jerome Powell will probably cut interest rates again next month as insurance against a global slowdown, even with data rolling in that support his forecast for solid U.S. growth and higher inflation. Retail sales in July rose by the …
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Canada's Intact Financial to buy Guarantee Co, Frank Cowan for C$1 billion

(Reuters) – Canadian property and casualty insurer Intact Financial Corp (IFC.TO) said on Thursday it agreed to buy The Guarantee Co of North America and Frank Cowan Co for C$1 billion ($750.6 million) in cash from Princeton Holdings Ltd. The deal …
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Walmart Canada rolls out nationwide grocery delivery through Instacart

Walmart’s relationship with Instacart deepened today with an expansion of their partnership across Canada for grocery delivery. Walmart Canada had previously run a 17-store pilot program with Instacart, starting last September, in both the Greater Toronto …
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FASB proposes delays in 3 key effective dates

Certain financial statement preparers would receive the benefit of effective date delays in FASB's accounting standards for leases, hedging, and credit
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Facebook Transcription Opt-In Says Nothing About Human Listeners

Facebook Inc. this week confirmed that it ran a program to allow contractors to listen to and transcribe some users' audio clips. The social network said
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