Canada Raises Rates Declares Pause
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Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say
Senior Bank of Canada officials were divided on how soon the central bank could start cutting interest rates, although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of deliberations ...The Wall Street Journal - World -
Canadian stocks can outperform U.S. if Bank of Canada cuts rates before the Fed
Investors looking for a way to profit from a delayed start to Federal Reserve interest-rate cuts should consider putting their money to work in the Great White North.MarketWatch - Business - Canada -
Honda Commits to E.V.s With Big Investment in Canada
The Japanese automaker, which has been slow to sell electric vehicles, said it would invest $11 billion to make batteries and cars in Ontario.The New York Times - Business -
Wrexham schedules 3 games in US and Canada in July
Ryan Reynolds and Rob McElhenney are taking Wrexham back to the United States this summerABC News - Sports -
Rightwing US website that spreads election conspiracies declares bankruptcy
Gateway Pundit, run by Jim Hoft, is being sued for defamation by Georgia election workers Ruby Freeman and Shaye Moss and others. The Gateway Pundit, a rightwing website known for spreading election conspiracies, will declare bankruptcy as it ...The Guardian - World -
The IRS declared its foray into online tax preparation a success and is considering expansions.
The IRS declared its foray into online tax preparation a success and is considering expansions.The Wall Street Journal - World -
Two died after UK shift from analogue to digital phone lines
Government says it met Virgin O2 chief executive and Ofcom after incidents last yearFinancial Times - Business - United Kingdom -
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Honda to build $11 billion electric vehicle hub in Canada
Honda and its joint venture partners plan to invest $11 billion in Ontario, Canada, to create a "comprehensive EV value chain," the automaker announced.CNBC - Business -
Air Canada apologizes after headdress of First Nations chief removed to hold
Politicians decry ‘shameful’ incident on domestic flight in which Cindy Woodhouse Nepinak’s headdress was taken by airline staff. Canada’s largest airline has apologized to a prominent First Nations chief after her ceremonial headdress was removed ...The Guardian - World -
Orca calf successfully returned to open water after bold rescue in Canada
Two-year-old calf one step closer to reuniting with family group after tragic accident that left her stranded in remote lagoon. An orca calf, trapped for weeks in a remote lagoon in western Canada, has freed herself and is travelling towards open ...The Guardian - World -
USC's Bronny James, son of Lakers star LeBron James, enters transfer portal and declares for NBA Draft
James is entering the transfer portal and the NBA Draft after shining for the TrojansCBS Sports - Sports - NBA -
Indonesia election: Prabowo formally declared president-elect after court rejects legal challenges
Rivals had said February election won by former general was undermined by state interference and unfair rule changes. Indonesia’s electoral commission has formally declared Prabowo Subianto president-elect in a ceremony, after the country’s ...The Guardian - World - Indonesia -
Watch reaction when minister asks if Congo is a different country to Rwanda
The Question Time audience were surprised when Chris Philp answered an audience member's question about DR Congo.BBC News - Top stories -
What Is a ‘Decent Wage’? France’s Michelin Raises a Debate.
The tire maker vowed to ensure that none of its workers would struggle to make ends meet.The New York Times - Business -
Banned football fan raises £15,000 to sue
Linzi Smith's lawyer says the club's actions are a "huge overreach" in to her personal life.BBC News - Top stories -
What Is a ‘Decent Wage’? France’s Michelin Raises a Debate.
The tire maker vowed to ensure that none of its workers would struggle to make ends meet.The New York Times - Top stories -
Centene’s earnings crush estimates and company raises guidance
Centene Corp.’s stock rose 3.4% early Friday, after the managed healthcare provider blew past earnings estimates for the first quarter and raised its full-year guidance.MarketWatch - Business -
Trump's potential plan for Fed raises alarms
Former President Trump's potential plan to exert more influence over the Federal Reserve is alarming experts and investors. The Wall Street Journal reported Thursday that a group of Trump allies is crafting ways to chip away at the independence of ...The Hill - Politics - Donald Trump -
Canada's 'Extremely Mature' Grocery Market Leads Some Foreign Players to Pass on Entry
Canadian officials are likely to get cold shoulders without some package of financial incentives, analysts said.The Wall Street Journal - World -
Canada's 'Extremely Mature' Grocery Market Leads Some Foreign Players to Pass on Entry
Canadian officials are likely to get cold shoulders without some package of financial incentives, analysts said.The Wall Street Journal - Business -
Sunak pledge to boost defence spending raises prospect of cuts elsewhere
Economists and opposition question how government will lift MoD share of GDP to 2.5% and find extra £75bnFinancial Times - Business -
Sunak pledge to boost defence spending raises prospect of cuts elsewhere
Economists and opposition question how government will lift MoD share of GDP to 2.5% and find extra £75bnFinancial Times - World -
Mercer Raises $3.9 Billion for Multi-Asset Private Capital Fund
Private Investment Partners VII is designed to provide broad private markets exposure to investors that lack the internal resources to identify the best managers.The Wall Street Journal - World -
Cybersecurity Firm Rubrik to Raise $752 Million in U.S. IPO
The company, backed by investors including Microsoft and Lightspeed Venture Partners, is selling 23.5 million shares.The Wall Street Journal - Tech -
Rubrik Shares Jump 21% in Market Debut
The Microsoft-backed cybersecurity software firm becomes the latest tech company to have an IPO.The Wall Street Journal - World -
Blinken raises Chinese trade practices in meetings with officials in the financial hub of Shanghai
U.S. Secretary of State Antony Blinken has raised what the U.S. describes as unfair Chinese trade practices in meetings with local government officials in the financial hub of ShanghaiABC News - World -
Merck beats earnings expectations, raises outlook on strong Keytruda and vaccine sales
The first-quarter results come as Merck shows substantial progress in preparing for Keytruda's patent expiration in 2028.CNBC - Business -
A high-profile murder trial in Kazakhstan raises awareness of domestic violence
Kazakhstan has been riveted by the live-streamed trial of a businessman accused of murdering his wife, raising awareness about domestic violence.NBC News - Top stories -
New crash test results raise concern for some small SUVs
The Insurance Institute for Highway Safety has updated its testing of vehicles’ ability to avoid crashes. The results show there is some concern for smaller SUVs, as most models did not do well.CBS News - Top stories -
CARV raises $10M to build out modular data layer for gaming and AI
CARV announced that it's raised $10 million in funding to expand its modular data layer for gaming and AI.VentureBeat - Tech -
Movement Labs raises $38M to bring Facebook’s Move Virtual Machine to Ethereum
Movement Labs has raised $38 million in funding to bring Facebook’s Move Virtual Machine to Ethereum in order to improve security.VentureBeat - Tech -
NextEra Arm, Squeezed by Niche Financing, Considers Private Capital Raise
NextEra Energy Partners is mulling its options for how to pay bills coming due under an obscure type of financing that has weighed on the company since its stock price tumbled last year.The Wall Street Journal - World -
Consider This Advice Before You Raise or Lower Your Business's Prices
Mimicking your competitors' prices may not be the best strategy for building your bottom line.Inc. - Business -
Colgate-Palmolive’s first-quarter earnings beat estimates and company raises guidance
Colgate-Palmolive Co.’s stock rose 2.9% early Friday, after the consumer goods giant beat first-quarter earnings estimates and raised its guidance.MarketWatch - Business -
Yoneda Labs raises $4M from Khosla Ventures to build the ‘OpenAI for chemistry’
Yoneda Labs raised $4 million from Khosla Ventures to build a foundation model for chemists to help streamline the drugmaking process.VentureBeat - Tech -
Does a fixed-rate HELOC make sense in today's elevated rate environment?
There are benefits to considering a fixed-rate HELOC in today's economic climate, but there are downsides, too.CBS News - Top stories -
What the End of Negative Rates Means for Japan
The world’s fourth-largest economy is entering a new era, and there’s a lot at stake.The Wall Street Journal - World - Japan -
U.S. Fertility Rate Falls to Record Low
Fewer babies were born in the U.S. in 2023 than any year since 1979.The Wall Street Journal - World -
German Bund Yield Edges Higher on Two-Year High Consumer Sentiment Data
10-year Bund yields edged higher after an above-forecast GfK consumer sentiment index added to the better-than-expected German data this week.The Wall Street Journal - World