News

Jun 13
Boeing’s stock leads the Dow’s losers, heads for lowest close in more than 2 years

Shares of Boeing Co. BA, -9.21% took a 9.3% dive in afternoon, to pace the 28 of 30 Dow Jones Industrial Average DJIA, -2.89% components that were losing ground. The aerospace and defense giant’s stock’s price decline of $11.77 was shaving about 78 points off the Dow’s price, while the Dow dropped 754 points, or […]

Jun 13
Tether: Celsius crisis has no impact on USDT reserves

The USDT stablecoin issuer, Tether, denies any correlation between its investment in Celsius and its reserves or stability. Source: Cointelegraph

Jun 13
Nearly 30% of S&P 500 stocks have hit 52-week lows

There are 148 stocks in the S&P 500 SPX, -2.84% that have hit fresh 52-week lows as of midday trading Monday, or 29.4% of the benchmark large-capitalization company tracker’s components. That percentage is higher than for the S&P Mid Cap 400, of which 96 stocks, or 24.0% of its components hit 52-week lows; and for […]

Jun 13
FCNB cautions New Brunswickers when using credit on big-ticket items

The Financial and Consumer Services Commission (FCNB) is reminding those making large consumer purchases to avoid feeling pressured into signing financing contracts they haven’t had the time to review or understand.  “Increased inflation has led to rising prices for day-to-day products, such as food, gas and household goods,” said Alaina Nicholson, FCNB’s director of consumer […]

Jun 13
Board Opportunities

Topics Expertise from the subject matter experts at New Brunswick’s Financial and Consumer Services Commission. Regulated Industries FCNB is responsible for the regulation and enforcement of securities, insurance, pensions, credit unions, trust and loan companies, co-operatives, mortgage brokers, pay day lenders, real estate and a wider range of other consumer legislation. We regulate 36,000 industry […]

Jun 13
The US dollar strengthens early Monday; retail sales and the FOMC’s focus of the week on Wednesday

The US dollar strengthens early Monday; retail sales and the FOMC’s focus of the week on Wednesday The US dollar rose against its major trading partners early Monday, as markets prepared for a busy week that included the release of May retail sales Wednesday morning and the Federal Open Market Committee announcement Wednesday afternoon. The […]