25 h. ago Charting the Global Economy: Weak Jobs, Steady Inflation Seal Fed Rate Cut

A record downward revision to annual US job growth, paired with no surprises in the latest inflation data, sealed the deal for the Federal Reserve to cut interest rates next week.

Economics

59 h. ago Asian Stocks Near Record High on Fed Rate Cut Bets: Markets Wrap

Asian stocks rallied, with MSCI’s regional gauge nearing a record high, after US inflation and jobless claims data cemented expectations the Federal Reserve will cut interest rates next week.

Economics

3 d. ago Gold Rises Near Record as US PPI Underpins Fed Rate Cut Bets

Gold advanced as a surprise pullback in US inflation underpinned bets that the Federal Reserve will lower interest rates at its meeting next week.

Sport

5 d. ago China’s Green Push May Cut Global Fossil Use by 2030, Says Ember

The stage may be set for the world’s use of fossil fuels to begin dropping in about five years time, thanks to China’s rapid adoption of renewables and its increasing reliance on electricity, clean energy think tank Ember said in a report on Tuesday.

Other

6 d. ago Another US Jobs Markdown Sets Stage for Fed Cut, BLS Criticism

US job growth in the year through March was probably far less robust than government figures currently show, underscoring a labor market that shifted into a lower gear well before the hiring slowdown this summer.

Other

1 week ago France Pushes for EU Leaders to Weigh In on 2040 Climate Goal

France is pushing to elevate discussions on the European Union’s next climate goal to the leaders’ level, setting the stage for a clash over the speed and direction of the transition.

Politics

1 week ago TELUS and TELUS Digital Enter into a Definitive Arrangement Agreement for TELUS to Acquire Full Ownership of TELUS Digital

TELUS to acquire all of the outstanding multiple voting shares and subordinate voting shares of TELUS Digital not already owned by TELUS for US$4.50 per share, reflecting aggregate consideration of US$539 million Agreement sets the stage for closer operational integration between TELUS and TELUS Digital to enhance AI and SaaS transformation across telecommunications, health, agriculture […]

Other

1 week ago Xi’s Speech, Advanced Drones in Focus at China’s Military Parade

President Xi Jinping is set to stage a major parade to mark 80 years since the end of World War II — and showcase China’s growing diplomatic sway and military might.

Events

1 week ago François Legault set to take centre stage at SAAQclic scandal inquiry

All eyes will be on Quebec Premier François Legault on Tuesday as he is set to testify at the public inquiry into the cost overrun scandal at the province’s auto insurance board.

Other

3 w. ago Tom Mayenknecht: WNBA foray into Vancouver a slam dunk; MLB poised for a big weekend

The first regular season game ever played in Canada sets the stage for the addition of the expansion Toronto Tempo to the burgeoning women’s basketball league next spring

Other

3 w. ago Powell hints Fed may cut rates as U.S. inflation risk remains

In a speech that will be closely watched at the White House and on Wall Street, Powell said that there are risks of both rising unemployment and stubbornly higher inflation.

Economics

3 w. ago Jansen Potash Mine faces further setbacks, NDP says it’s a pattern

The Jansen Potash Mine is facing another setback, with stage two of the project now set to begin two years behind schedule in 2031.

Other

3 w. ago Cooler inflation could set stage for Bank of Canada rate cut

Watch: Economists say there are signs that core inflation is losing upward momentum

Economics