Performance of Major Canadian ETFs in September
Each month, we check in on the performance of the largest Canadian stock, bond, and active exchange-traded funds. The Morningstar Canada Index rose 3.02% during September, while the Morningstar Canada Core Bond Index gained 1.81%. Over the past year, the Canadian stock market is up 27.27%, while the Canadian bond market has risen 12.74%. The […]
Dockworkers Temporarily End Strike, Yet Automation Job Dispute Persists as a Decades-Long Issue
The dockworkers’ strike ends for now—but the fight over automating jobs continues, as it has for decades Dockworkers across the East Coast and Gulf ports went on strike this week, picketing against the threat that automated technologies such as driverless trucks pose to their livelihood. After a three-day walkout, the International Longshoremen’s Association (ILA) and […]
Saudi Arabia Increases Oil Prices for Asian Markets
Saudi Arabia Raises Oil Prices to Asia The world’s largest crude exporter, Saudi Arabia, has raised the price of its flagship grade to Asia by more than expected amid high volatility in international oil prices amid the escalating conflict in the Middle East. Saudi Aramco in the weekend raised the price of its Arab Light […]
VERSES Provides Q3 2024 Corporate Update
VERSES AI Inc. announced a corporate update highlighting its innovative cognitive computing solutions and the rollout of its “Genius” software. CEO Gabriel René emphasized the company’s strategic funding and collaboration with Analog on a smart cities project focused on optimizing taxi operations in Abu Dhabi, projected to generate about $3 million. Key leadership changes were […]
Report: Silver Mining Sector Requires $2.1 Trillion by 2050 to Fulfill Demand
A recent analysis by Bloomberg NEF emphasizes the urgent need for a significant investment in raw materials to achieve net-zero emissions by 2050. The report highlights a crucial $2.1 trillion funding gap and warns that if this is not addressed, the costs associated with clean energy technologies could increase drastically due to shortages of essential […]
3 Innovative Materials Stocks Paving the Way for Future Products
Although the media’s attention is centered firmly on the output of the technology ecosystem, it may be prudent to consider the input. After all, every great work of art requires a canvas to provide the physical medium of expression. In this sense, investors should consider advanced materials stocks rather than only focusing on individual tech […]
Wall Street shows signs of regret over Fed rate cuts
Fed rate cuts: Wall Street is starting to have buyer’s remorse Wall Street celebrated the Federal Reserve’s half-point rate cut last month by sending stocks to fresh record highs, but the blockbuster jobs report on Friday has caused doubts to creep in. Analysts at Bank of America and JPMorgan, which was one of the few […]
China Stocks Set to Reopen as Markets Focus on Fiscal Stimulus
Shoppers on Nanjing East Road in Shanghai, China, on Wednesday, Oct. 2, 2024. Chinese investors are looking for more policy direction from China’s top economic planning body on Tuesday, when mainland markets return from a week-long holiday. A panel of senior officials from the National Development and Reform Commission, including chairman Zheng Shanjie, will brief […]
Shares of Lithium Companies Surge Amid Rumors of Rio Tinto Acquisition
Lithium companies are witnessing a notable uptick in their stock prices, reflecting a complex landscape shaped by both challenges and opportunities within the industry. With the increasing demand for lithium primarily driven by the electric vehicle (EV) market, investor interest is reviving even as the sector grapples with significant price fluctuations. This article delves into […]
Ghana’s Illegal Gold Mining Surge: A Threat to Public Health and the Environment
The ramshackle mine is part of a booming business that is generating livelihoods and informal revenue streams for Ghana’s economy, even as it harms miners’ health, pollutes waterways, destroys forests and cocoa farms, and fuels crime. “It’s risky but I just want to survive,” said one of the men at the wildcat site visited by Reuters in […]