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Economy

“Canada Oil Industry Loses Over 20% Of Workforce Since 2014”

“Canada’s oil and gas industry could shed another 12,500 and more jobs this year, which would bring the total job losses over the past five years to 23 percent of the 2014 total, which stood at 226,500. These are among… Continue Reading…

Stocks

Q4 2018: “Wheeler REIT plunges 28% after suspending preferred dividends”

Wheeler Real Estate Investment Trust (NASDAQ:WHLR) plunges 28% after the REIT says it won’t pay Q4 dividends on its preferred stock “at this time,” citing its ongoing review of strategic alternatives. Plans to accelerate efforts to reduce short-term, higher-cst debt where accretive… Continue Reading…

Economy

Economy: 20,000 jobs in February, wages up, Low unemployment

“The economy gained a meager 20,000 jobs in February, falling far short of analyst expectations of 185,000 and indicating that the nation’s 10-year economic expansion has potentially hit a speed bump. Despite the stalled job growth, the rest of the… Continue Reading…