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Federal Reserve raises rates and ‘Barbenheimer’ breaks records : Here are the week’s top stories

July 28, 2023
in Business
Federal Reserve raises rates and ‘Barbenheimer’ breaks records : Here are the week’s top stories
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Watch Financial Post reporter Bianca Bharti break down the stories that made headlines

Published Jul 28, 2023  •  Last updated 10 minutes ago  •  1 minute read

The opening weekend for “Barbie” and “Oppenheimer” raked in Cineplex Inc.'s highest summer box office weekend of all time. The opening weekend for “Barbie” and “Oppenheimer” raked in Cineplex Inc.’s highest summer box office weekend of all time. Photo by AAMIR QURESHI/AFP via Getty Images files

In under a minute, Financial Post reporter, Bianca Bharti, shares your top stories in finance this week. To read more, click on the links below.

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1. ‘Barbenheimer’ breaks summer box-office records at Cineplex on opening weekend

Article content

2. Elon Musk makes fan-created ‘X’ Twitter’s new logo in abrupt change

3. Federal Reserve raises interest rates again as inflation fight continues

4. Prime Minister Justin Trudeau dropped seven veteran ministers as part of his biggest cabinet overhaul yet

5. Economists see the current policy rate of five per cent as the peak for the Bank of Canada, before rate cuts begin in the second quarter.

A home for sale in Toronto.

Toronto housing market hits the brakes

Pedestrians pass in front of the Toronto Stock Exchange in the financial district of Toronto.

Canadian stocks offer compelling opportunity: Morgan Stanley

Karl Schamotta predicts the loonie will be in the range of $1.2850 and $1.3500 through the latter half of the year.

Here’s what could send the Canadian dollar higher in 2023

• Email: [email protected] | Twitter: biancabharti

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Copyright for syndicated content belongs to the linked Source : Financial Post – https://financialpost.com/news/economy/federal-reserve-raises-interest-rates-barbenheimer-breaks-records

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