Walmart’s size may not shield it from rising prices

By Matthew BoyleBloomberg Tues., Aug. 14, 2018 NEW YORK—It’s getting more expensive for retailers like Walmart Inc. to stock its shelves with household staples like diapers, paper towels and bottled water. The question now is whether that translates into more pain at the checkout line. Soaring costs for transportation and raw materials More...

by SLPundit | Published 2 days ago
By SLPundit On Tuesday, August 14th, 2018
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Home Depot bounces back from rare slowdown with strong quarter

By Matt TownsendBloomberg Tues., Aug. 14, 2018 NEW YORK—Home Depot Inc. offered more evidence that the U.S. housing market is still humming along, reporting second-quarter sales that impressed investors. The More...

By SLPundit On Tuesday, August 14th, 2018
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Canada is one of the most socially mobile countries in the world. Here’s why.

When economic policy talk turns to social mobility these days, it has become popular to point to the “Great Gatsby curve,” a figure that compares countries in terms of earnings mobility and income inequality, More...

By SLPundit On Monday, August 13th, 2018
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VF confirms it will spin off Wrangler, Lee Jeans to focus on activewear

VF Corp. plans to spin off its Lee and Wrangler jeans business to focus on faster-growing outdoor products and active wear, such as its North Face and Vans brands. The spinoff to shareholders should be completed More...

By SLPundit On Monday, August 13th, 2018
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Bayer shares drop after Monsanto loses Roundup cancer trial

SAN FRANCISCO—Two months after clinching its $ 66 billion purchase of Monsanto Co., Bayer AG faces a protracted legal battle over the U.S. company’s Roundup weed killer — a prospect that wiped More...

By SLPundit On Monday, August 13th, 2018
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America’s bikers are divided over Trump’s war with Harley-Davidson

STURGIS, S.D.—Gary Rathbun rumbled into South Dakota to attend the United States’ pre-eminent gathering of motorcycle enthusiasts atop his Harley-Davidson, a 2009 Ultra Classic that brought him 800 More...

By SLPundit On Monday, August 13th, 2018
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Turkey’s currency falls to another record low, fuelling fears of financial contagion

Turkey’s currency fell to another record low Monday, hitting stocks in Europe and Asia and raising fears that the country is on the verge of an economic meltdown that could spread to other emerging markets. The More...

By SLPundit On Monday, August 13th, 2018
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TSX lower as energy and materials move down, loonie slips

Canada’s main stock index was in the red in late-morning trading as the influential energy and materials sectors lost ground. The S&P/TSX composite index was down 38.94 points at 16,287.57. In New More...

By SLPundit On Monday, August 13th, 2018
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Google tracks your movements, like it or not

SAN FRANCISCO—Google wants to know where you go so badly that it records your movements even when you explicitly tell it not to. An Associated Press investigation found that many Google services on Android More...

By SLPundit On Monday, August 13th, 2018
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Bank of Canada consumers unbothered by rate hikes, according to survey

By Chris FournierBloomberg Mon., Aug. 13, 2018 Higher Canadian interest rates don’t appear to be worsening the pain for consumers, yet. Some 53 per cent of Canadians say rising borrowing costs haven’t More...