Kokeile Lectinect Vatsaa ilmaiseksi* 30 päivän ajan!The Canadian dollar strengthened to a one-month high against its U.S. counterpart on Monday as investors grew more optimistic about the global economy and ahead of inflation data that could sway the Bank of Canada's interest rate outlook. The loonie was trading 0.3% higher at 1.3488 to the greenback, or 74.14 U.S. cents, after touching its strongest level since Aug. 15, at 1.3472.
MONTREAL — BMO Financial Group plans to close its indirect retail auto finance business in order to reroute resources, as borrowers dig deep to stay on top of recent interest rate hikes. The decision will also trigger an unspecified number of layoffs in Canada and the U.S., the Bank of Montreal said. It comes after the company's bad debt provisions more than tripled to $492 million in the quarter ended July 31 compared to a year earlier.
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Yahoo Finance LIVE - Sept 18 PMExecutives, experts, and influencers join the Yahoo Finance team to discuss what's moving the world of finance.
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Instacart IPO, oil prices climb: Yahoo Finance LiveThe long-anticipated public debut of Instacart (CART) has arrived. The grocery delivery company is set to IPO on the Nasdaq after pricing at $30/share, valuing the company at $10 billion. Oil is also on investors' minds, with supply concerns rising after production cuts from several OPEC member nations. All this comes as the Federal Reserve kicks off its two-day policy meeting today. Top trending tickers include Rocket Lab (RKLB), with shares sinking following a failed launch, Nikola (NKLA) moving on leadership changes, and Moderna (MRNA) falling on weaker vaccine demand.Top guests on Yahoo Finance Live today include:9 a.m. ET - Caleb Silver, Investopedia Editor-In-Chief10 a.m. ET - Mike Mayo, Wells Fargo Securities managing director and head of U.S. large-cap bank research10:15 a.m. ET - Jessica Lautz, National Association of REALTORS Deputy Chief Economist10:30 a.m. ET - David Foulkes - Brunswick CEO
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