Tesla Refutes Claims of Seeking Elon Musk’s Replacement
Tesla denies report that the EV maker is looking to replace Elon Musk Tesla CEO Elon Musk walks to board Air Force One with U.S. President Donald Trump (not pictured) as they depart for Philadelphia, Pennsylvania, from Morristown Municipal Airport in Morristown, New Jersey, U.S., March 22, 2025. Nathan Howard | Reuters Shares of Tesla were […]
Mini Price War Among Lenders Leads to Sub-4% Mortgage Offers
Mini price war among lenders sparks under-4% mortgage deals Almost all major lenders are now offering under-4% deals this week, giving some respite for borrowers in an apparent response to the financial turmoil sparked by the US trade tariffs that changed expectations on UK interest rates and sparked a mini price war among mortgage providers. […]
Bank of Canada Encountering New Demands for Interest Rate Adjustments
The Canadian economy unexpectedly contracted by 0.2% in February, prompting analysts to forecast a possible resumption of the Bank of Canada’s interest rate-cutting cycle, as US tariffs take a toll on business activity. Reversing course from January’s 0.4% expansion, Statistics Canada’s February GDP report showed that the economic deceleration was led by the decline in […]
Federal Oil and Gas Leasing Strategy May Extend to Maine Coastline
Federal oil and gas leasing plan could include Maine coast The Trump administration is developing an offshore oil and gas leasing plan that could include waters in the Gulf of Maine. The Natural Resources Council of Maine warns there are no economically recoverable fossil fuels in the region and that drilling risks environmental and economic […]
SoFi Earnings: Growth in NIM and Loan Platform Insights
Editor’s Note: This analysis was originally published as a stock note by Morningstar Equity Research. SoFi Technologies SOFI reported strong first-quarter earnings, as the company benefited from strong demand for its loans from both borrowers and investors. Adjusted net revenue increased 32.7% year over year to USD 770.7 million, while adjusted EPS rose to USD […]
Sierra Madre Transitions to Producer as It Resumes Operations at Coloso Mine in Mexico
The fully permitted mine and 500 t/d mill in Mexico’s Silver Belt was operated by Sierra Madre management between 2006 and 2009, before decalring commerical operations once more on January 1. Credit: Sierra Madre Gold and Silver Sierra Madre Gold and Silver (TSXV: SM) started operations at its Coloso mine in central Mexico on Tuesday. […]
Galantas Reports Financial Results for the Year Ending December 31, 2024
Galantas Report Financial Results for the Year Ended December 31, 2024 Galantas Gold Corporation TORONTO, April 30, 2025 (GLOBE NEWSWIRE) — Galantas Gold Corporation (TSX-V & AIM: GAL) (the ‘Company’) is pleased to announce its audited financial results for the year ended December 31, 2024. A copy of the Financial Statements and Management Discussion and Analysis […]
Carney’s Victory Viewed as Positive for Renewable Energy
Mark Carney’s triumphant return to the Canadian Parliament after the Liberal Party won the national elections is expected to have a significant impact across key sectors of the economy. Energy stocks are seen as most likely to benefit from his win. In his victory speech, Carney pledged to “build Canada into an energy superpower in […]
Oil Industry Targeted by Trump’s ‘Drill, Baby, Drill’ Agenda Faces Challenges
Oil industry that Trump wants to ‘drill, baby, drill’ takes a beating An operator for Baker Hughes conducts a wireline survey on a Chesapeake Energy natural gas rig in the North Texas Barnett Shale near Burleson, Texas. Matt Nager | Getty Images President Donald Trump wants the oil and gas industry to “drill, baby, drill” […]
Carney’s Election Victory Paves the Way for Fiscal…
Mark Carney’s election as prime minister likely paves the way to government efforts to boost the sagging economy—perhaps even a larger stimulus plan than the Liberal Party promised. However, experts observe that the removal of political uncertainty opens the door to arguably the most vital piece of business: renewed engagement with US President Donald Trump. […]