Nike Beats on Earnings but Struggles in China and Faces Tariffs
Apparel behemoth Nike just released its latest earnings as the firm works to revamp its business. Should investors buy in or look elsewhere for opportunities?
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Capital One, Discover deal approved by US bank regulators
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Pentagon steps up media restrictions, now requiring approval before reporting even unclassified info
The Pentagon says it will require credentialed journalists at the military headquarters to sign a pledge to refrain from reporting information that has not been authorized for release — including unclassified information. Journalists who don’t abide by the policy risk losing credentials that provide access to the Pentagon, under a 17-page memo distributed Friday that…
2 Canadian Stocks for Income-Seeking Investors (6% Yields!)
Last week, the Bank of Canada slashed its benchmark interest rate by 25 basis points to 2.5% amid a weak labour market and easing inflation. Economists are predicting one more rate cut by the end of this year. With interest rates remaining low, investing in high-yield Canadian dividend stocks can be an effective way for…
