Canadian Retail Sales Fell 2.1% in May
Retail sales across Canada slumped 2.1% in May, as a number of stores in key regions remained closed due to
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Author: Hermina Paull
US Initial Jobless Claims Unexpectedly Exceed Forecasts
US initial jobless claims surprisingly jumped by more than expected last week, despite optimistic sentiment that the country’s labour market
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Uber’s Trucking Division to Acquire Shipping Software Company Transplace
Uber Freight, Uber’s separate freight division, has announced Thursday that it will be acquiring Transplace, a shipping software company that
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Didi Shares Plummet Amid Reports of China Preparing Severe Penalties
Shares of Didi were sent spiralling downwards on Thursday, after reports emerged that Beijing is allegedly planning to impose serious
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Elon Musk Confirms He Owns Ethereum, Sends Cryptocurrency Surging
It appears that Elon Musk’s admiration for cryptocurrencies is a lot bigger than previously thought. During “The B-Word” conference, hosted
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SEC Chair Gary Gensler Warns of Crackdown on Security-Pegged Stablecoins
The SEC has warned that synthetic stocks being traded on blockchains are still subject to securities laws, and any financial
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New Home Prices Remain Elevated Despite Broader Real Estate Market Slowdown
Despite what appears to be a sign of moderation in real estate markets across Canada, the price of new homes
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Stellantis Sounds Alarm Over Structural Inflationary Pressures
Major automaker Stellantis NV has joined the growing list of companies sounding the alarm over inflationary pressures that are becoming
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Malaysian Police Destroy Over 1,000 Bitcoin Mining Rigs With Steamroller Over Electricity Theft
Bitcoin just can’t seem to catch a break. Authorities in Malaysia have confiscated over 1,000 bitcoin mining rigs and destroyed
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EU Proposes Tighter Regulations on Cryptocurrency Transfers
Cryptocurrency transactions made in the European Union may soon be subject to tighter regulatory oversight, as the bloc’s policy makers
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