
MTY Group swings to 2021 profit as Q4 earnings jump 24% despite restaurant closures
BNN Bloomberg
MTY Food Group swung to a profit last year as fourth-quarter earnings jumped 24 per cent despite government-mandated restaurant closures.

A key question hangs over the Federal Reserve’s two-day meeting that ends Wednesday: Will central bank policymakers still reduce short-term interest rates this year, now that the Iran war has sent oil prices higher and gas prices spiking? Or will they have to stand pat for months to see how the conflict plays out?

Oil tankers are crossing the Strait of Hormuz and Iran’s actions to choke traffic through the shipping route have not hurt the U.S. economy, White House economic adviser Kevin Hassett told CNBC on Tuesday, reiterating the Trump administration’s position that the war should be over in weeks, not months.











