Swap markets no longer fully pricing in a Fed rate cut by December

According to sources familiar with the matter, some major customers of Nvidia have received notifications that the prices of servers equipped with its artificial intelligence chips will increase by more than 15% in most cases. The price hikes are set to take effect early next year, affecting systems featuring Vera Rubin and Grace Blackwell flagship chips, with the exact increase depending on chip generation and memory configuration. This information has not yet been made public. Sources say tha

Unifor, Canada’s largest private sector union, has announced that it has reached a tentative agreement with General Motors (GM.US). The implementation of this preliminary agreement will require a vote among union members. The agreement is likely to cover key issues such as employee wage adjustments, job security, factory capacity allocation, and labor rights for positions related to new energy vehicles—topics that are of significant concern to multiple parties. The outcome will have a considera

Brent crude oil OTC price has fallen below $92 per barrel, with a daily decline of over 0.5%.

Canadian Prime Minister Carney stated that conducting oil and liquefied natural gas trade with Asia can help Canada reduce its dependence on the United States.