Why the Bank of Canada Is Expected to Maintain Interest Rates…
Canada’s economy slipped into reverse in April, losing its March momentum, as the rising strain of US tariffs weighed more heavily on economic activity. The economy shrank 0.1%, a touch below the FactSet consensus estimate of 0.0%, having expanded 0.2% the month before. While the latest data supports a potential interest rate cut in July, […]
Revolutionary Recycling Technique Transforms Dead Batteries into Power for the U.S.
Clean recycling breakthrough turns dead batteries into power for US The landscape of global mineral supply is shifting, and the United States finds itself at a pivotal juncture in securing its access to essential resources for technology and defense. Historically, a similar reliance on oil from the Middle East created vulnerabilities in the 1970s, leading […]
China Launches Its First Offshore Gold Vault in Hong Kong
AI-generated image. (Credit: Adobe Stock) The Shanghai Gold Exchange has expanded outside mainland China for the first time, with the rollout of two new contracts and a bullion vault in Hong Kong. The launch serves a number of purposes, from broadening the Shanghai bourse’s international reach, to strengthening China’s clout in commodity and currency markets […]
15 Must-Read Finance Press Releases
15 Finance Press Releases You Need to See A roundup of the most newsworthy financial press releases from PR Newswire this week, including a new crypto-focused partnership between Chainlink and Mastercard and decreased consumer confidence scores. NEW YORK, June 27, 2025 /PRNewswire/ — With thousands of press releases published each week, it can be difficult […]
Bill Ackman Offers Financial Support to Any NYC Mayoral Candidate Ready to Challenge Mamdani
Bill Ackman pledges to bankroll any NYC mayoral candidate willing to step forward that can defeat Mamdani Hedge-fund billionaire Bill Ackman plans to bankroll a New York City mayoral campaign, arguing that his affluent associates are poised to flood the election with money in an effort to defeat Democratic Socialist frontrunner Zohran Mamdani. Ackman said he […]
Live Updates on Stoxx, FTSE, DAX, and Tariff Developments
Live updates on Stoxx, FTSE, DAX, tariffs news American fund managers welcome decision to scrap Section 899 The Investment Company Institute (ICI), which represents fund houses in the U.S. and some in Europe, welcomed the powerful Senate Finance and House Ways and Means committees’ decision to remove Section 899 from U.S. President Donald Trump’s spending bill. […]
BOEM Releases PNOS for Gulf of Mexico Oil and Gas Lease Sale 262
BOEM publishes PNOS for U.S. Gulf oil and gas Lease Sale 262 Written by Nick Blenkey Proposed are of oilk and gas Lease Sale 262 [Image: BOEM] The Bureau of Ocean Energy Management yesterday announced the publication of a Proposed Notice of Sale (PNOS) for an oil and gas lease sale in the Gulf of America. […]