Inflation Eases in Canada; Grocery Prices Slow; Strong U.S. Retail Sales Despite High Prices

Canada's annual inflation rate slowed to 3.8% in September, easing pressure on the Bank of Canada to hike rates.

Grocery prices rose more slowly, up 5.8% annually in September vs 6.8% in August.

TD Bank expects $156M equity income from its Charles Schwab stake in Q4, excluding various charges.

China's BYD forecasts Q3 net profit could double on strong EV sales and cost control.

U.S. retail sales rose a solid 0.7% in September despite high prices, showing consumer resilience.