18:00
Morgan Stanley

Morgan Stanley to cut about 2,000 jobs in cost-cutting effort

Morgan Stanley is set to lay off approximately 2,000 employees later this month, representing roughly 2% to 3% of its global workforce—excluding financial advisers—in an effort to improve operational efficiency, according to a person familiar with the matter.

07:16
Bank of Canada

Bank of Canada eases key rate amid rising tariff tensions

The Bank of Canada trimmed its key policy rate by 25 basis points on Wednesday, lowering it to 2.75%, as concerns mount over inflationary pressures and weaker economic growth driven by renewed trade uncertainties and tariff threats.

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