Why Canada S Banks Remain Stable and Resilient
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Bank of Canada 'Getting Closer' to Rate Cuts, Macklem Says
Central bank officials are confident inflation will continue to decelerate, Gov. Tiff Macklem said, adding that higher rates in Canada are having ‘more traction’ than in the U.S.The Wall Street Journal - World -
Why hundreds of U.S. banks may be at risk of failure
Of about 4,000 banks, 282 banks face threats from commercial real estate and higher interest rates, according to a study by Klaros Group.CNBC - Business -
The S&P 500 extended its recent slide after the central bank's outlook, falling 0.3% and matching the Nasdaq's session decline. The Dow rose 0.2%.
The S&P 500 extended its recent slide after the central bank’s outlook, falling 0.3% and matching the Nasdaq’s session decline. The Dow rose 0.2%.The Wall Street Journal - World -
An S&P 500 correction, or a possible meltdown in Asian currencies, could be brewing. Here’s why.
Our call of the day from TS Lombard flags worrying signs on the labor market, and Asian currencies that need things to go just right for the U.S. economy.MarketWatch - Business -
'Resilient' Canes close out Isles with late burst
Jack Drury scored the go-ahead goal in the third period and Stefan Noesen added another 8 seconds later as Carolina beat New York to clinch its first-round Stanley Cup playoffs series.ESPN - Sports -
What Makes a Society More Resilient? Frequent Hardship.
Comparing 30,000 years of human history, researchers found that surviving famine, war or climate change helps groups recover more quickly from future shocks.The New York Times - Science -
What Makes a Society More Resilient? Frequent Hardship.
Comparing 30,000 years of human history, researchers found that surviving famine, war or climate change helps groups recover more quickly from future shocks.The New York Times - Top stories -
Treasury Yields Decline Amid U.S. Jobs Resilience
Treasury yields fell as markets coalesced around the idea that the Fed might cut interest rates only once or twice this year, depending on the data.The Wall Street Journal - World -
Treasury Yields Decline Amid U.S. Jobs Resilience
Treasury yields fell as markets coalesced around the idea that the Fed might cut interest rates only once or twice this year, depending on the data.The Wall Street Journal - World -
From Risk to Resilience: Managing Data Security in AI-Driven Enterprises
Strategies to fortify defenses and prioritize data security in the age of artificial intelligence.Inc. - Business -
Canada's Conservative leader ejected from House of Commons
Yahoo News - World -
Canada's Conservative leader ejected from parliament
Pierre Poilievre refused to apologise after calling Prime Minister Justin Trudeau a 'wacko'BBC News - Top stories -
Canada Swings to Goods-Trade Deficit as Exports Drop
Canada unexpectedly posted a goods-trade deficit in March after a slump in exports erased gains made the month before, led by a retreat in gold shipments and declines in the automotive industry.The Wall Street Journal - World -
Asia's Manufacturing Recovery Remains Patchy
Asia’s factory activity weakened slightly in April, with output growth cooling and employment dropping in a sign of fragile confidence among manufacturers.The Wall Street Journal - World -
S&P 500 Moves Higher as Earnings Roll In
U.S. stocks rose as investors await Apple’s quarterly results among other earnings.The Wall Street Journal - World -
Naming and shaming banks is a regulatory insight too far
The Financial Conduct Authority already has deterrence tools at its disposalFinancial Times - Business -
Regulators Seize Republic First, a Troubled Philadelphia Bank
The relatively small bank, the first to fail this year, will have its deposits assumed by another Pennsylvania lender, Fulton Bank.The New York Times - Business -
Issa Amro’s Nonviolent Resistance in the West Bank
Issa Amro, who has been arrested and beaten for simple acts of defiance, is trying to pursue nonviolent resistance in the West Bank at a time when violence has become inescapable.The New York Times - Top stories -
Private payrolls increased by 192,000 in April, more than expected for resilient labor market
Private payrolls increased at a faster than expected pace in April, indicating there are still plenty of tailwinds for the U.S. labor market.CNBC - Business -
Private payrolls increased by 192,000 in April, more than expected for resilient labor market
Private payrolls increased at a faster than expected pace in April, indicating there are still plenty of tailwinds for the U.S. labor market, according to ADP.NBC News - Top stories -
German unemployed rate remains at 6% in April
Yahoo News - World - Germany -
Potatoes will remain classified as a vegetable, not a grain, Collins says
Spuds won’t be considered a starch following protests from more than a dozen senators. Sen. Susan Collins (R-Maine) said she received assurances Wednesday that potatoes will not be reclassified as a grain, a move she feared would give the ...The Hill - Politics -
Grandparents and a grandchild are among those killed in a police chase in Canada
Police in Canada say that two grandparents and their infant grandchild were killed on highway east of Toronto when a van being chased by police crashed while going the wrong way, causing a six-vehicle collisionABC News - World -
Canada: bitter clash in parliament over Trudeau ‘wacko’ jibe
Parliamentary questions dominated by partisan attacks a day after Conservative leader Pierre Poilievre ejected from chamber. Canada’s Liberal and Conservative parties have redoubled their parliamentary clash a day after the Tory leader was ejected ...The Guardian - World -
Canada’s oil industry cuts reliance on US market as pipeline expands
Trudeau government completes C$34bn Trans Mountain project amid cost overruns and climate concernsFinancial Times - World