15 h. ago F1 driver Max Verstappen makes Nurburgring debut in endurance racing

NURBURG, Germany — Formula 1 champion Max Verstappen made his debut at the Nurburgring Endurance Series on Saturday by finishing seventh in a field of 19 starters. Verstappen used a gap in the F1 calendar after winning the Italian Grand Prix last weekend to dabble in endurance sportscar racing by completing the four-hour race in […]

Transport

27 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

44 h. ago Here's what replaced Toronto fine dining restaurant that closed in under a year

A fine dining restaurant in Toronto has closed its doors after less than a year, and it's already been replaced.Sigh. We know that not everything's built to last, but we had a good feeling about short-lived farm-to-table restaurant The Lost Land.A collaboration between Larry Feldmeier, chef de cuisine at Chicago's Oriole, a two-Michelin-star force, Pidapipo Gelato owner Edison Xue, and chef Cesar Karanapakorn of Judaline and Florette, the restaurant came with some serious promise.Still, it opened quietly to mixed reviews before, just months later, shuttering just as quietly as it arrived.It's not all bad news, though, because, just as swiftly as The Lost Land came and went, it's already been replaced, and its usurper looks just as promising.Now, the space at 146 Yonge St. is home to Bar Filo, a stylish Italian cocktail bar and restaurant, which opened its doors at the beginning of September.The name Filo, the Bar Filo team told ...

Other

45 h. ago Italian boxer Angela Carini speaks out over online abuse since Olympic bout against Imane Khelif

Italian boxer Angela Carini has hit out at the online abuse she has received since her Olympic fight against Imane Khelif last year, which she said “destroyed her career.” Carini tearfully quit her opening bout with Imane Khelif of Algeria at the Paris Olympics after just 46 seconds, going on to explain afterward that she […]

Events

46 h. ago Russia cuts interest rate to 17% as strains show in wartime economy

Russia’s central bank cut its benchmark interest rate Friday by one percentage point to 17%, a step that could support the economy as growth slows and spending on the war against Ukraine increases the budget deficit. The bank had raised its key rate as high as 21% to combat inflation, but has begun to retreat […]

Culture

47 h. ago The late Italian fashion designer Giorgio Armani instructs heirs to sell stakes in his empire

MILAN (AP) — After a lifetime of spurning would-be business suitors, the late Italian designer Giorgio Armani instructed his heirs to sell an initial 15% minority stake in his vast fashion empire, with priority to the French conglomerate LVMH, the eyewear giant Essilor-Luxottica or the cosmetics company L’Oreal. Armani gave control of 40% of his […]

Economics

48 h. ago Oil Demand Monitor Warns Output Boom May Strain China’s Stockpiling

The global oil market faces an “untenable” surplus of about 3 million barrels a day, testing how much can be absorbed by China’s recent stockpiling drive, a major forecasting agency has warned.

Economics

49 h. ago Armani will direct sale of Italian luxury house to larger group

(Bloomberg) — Giorgio Armani’s will outlines plans to sell a stake in his closely held fashion house to a major luxury firm, setting in motion a process to eventually fold the Italian brand into a larger group. The documents published Friday direct his heirs to sell an initial stake of 15% in Giorgio Armani SpA […]

Other

50 h. ago Next week’s decision could be a leap of faith for Bank of Canada

Robert McLister: Rate cuts only make sense if central bankers genuinely believe inflation will glide back to target

Other

61 h. ago Asia Joins Global Equity Rally After US Inflation: Markets Wrap

Asia joined a global equity rally after relatively tame US inflation data and cooling jobs numbers clinched a path for the Federal Reserve to cut interest rates next week.

Economics

61 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

66 h. ago Iconic French bistro in Toronto is expanding with a spinoff location

The team behind one of Toronto's most popular French bistros is about to open a new spot in a completely different neighbourhood.Ossington Avenue's Côte De Boeuf is frequently (and accurately) described as a piece of Paris transplanted onto the streets of Toronto.Unpretentious though undeniably luscious, it's been a staple on the Ossington strip for over a decade, founded by Midas touch-wielding Toronto restaurateur Teo Paul, who is also behind staples like Union and Hamilton's Le Tambour.It's the sort of place that earns a spot at the top of everyone's must-try list, not for its Instagram-worthy interiors (though we'd argue it has those too) or influencer endorsements, but for the simple brilliance of its food.For nearly as long as Côte De Boeuf has existed, it’' been managed by Eamon O'Dea.Now, O'Dea and Paul are teaming up to bring the Côte De Boeuf experience to a brand-new ne...

Other

67 h. ago US Stocks Advance as CPI Report Buoys Trader Bets on Rate Cuts

Equities climbed on Thursday, touching new intraday records as investors expect an in-line inflation report to trigger a Federal Reserve interest rate cut next week.

Economics

69 h. ago Hurricane Forecasts Are Missing the Mark as the Atlantic Stays Calm — So Far

It’s the statistical peak of Atlantic hurricane season, and there isn’t a storm in sight — for now.

Other

3 d. ago Inflation likely rose last month as Trump’s sweeping tariffs boost goods prices

WASHINGTON (AP) — U.S. inflation likely ticked higher last month as the Trump administration’s import taxes have lifted the price of goods, potentially putting the Federal Reserve in a tough spot when it meets next week. Economists forecast that consumer prices rose 2.9% in August from a year earlier, according to a survey of economists […]

Economics

3 d. ago SI Swimsuit cover model Brooks Nader dating U.S Open champion Carlos Alcaraz

Model had been rumoured to be seeing Italian tennis star Jannik Sinner

Sport

3 d. ago Gold Steadies Near Record as Traders Gear Up for Inflation Data

Gold steadied just below a record after a surprise drop in US producer prices supported the case for the Federal Reserve to ease policy.

Economics

3 d. ago Here's how cheap Toronto concert ticket prices were back in the 2000s

A Toronto man's Ticketmaster stub collection shows just how good concert-goers in Canada had it in the early 2000s.Yes, back in the good ol' days, we used to get physical concert tickets from Ticketmaster in Canada, and prices didn't require you to take out a loan."I want to show you how much concerts used to cost," @johnfluenzer said in a video posted to TikTok and Instagram earlier this week.He shared a range of artists from big pop stars like Britney Spears to bands like Coldplay, who were on the come-up at the time.First in John's collection is a ticket for Destiny’s Child's 2001 stop in Toronto. He paid $83 for floor seats at Air Canada Centre (now Scotiabank Arena), which he explained at the time was considered expensive.@johnfluenzer/InstagramCalculating based on inflation, that ticket would cost $139.09 in 2025. That's actually quite cheap for floor seats nowadays, considering that similar tickets for Beyonc&ea...

Economics

3 d. ago Labor Department watchdog to audit jobs and inflation reports from embattled BLS

WASHINGTON (AP) — A government watchdog says it will review how a Labor Department agency compiles and reports some of the nation’s highest profile economic data, just two days after the agency made a sharp downward revision in its estimate of the number of jobs. A spokesperson for the department’s Office of the Inspector General […]

Economics

3 d. ago Ford government won’t eliminate French, Catholic trustees but English board has no cover

Constitutional language and religious rights offer some protection to Catholic and French trustees, but the English public system could see them scrapped entirely.

Politics