Inflation Impact: Canadians are Slashing Essential Living Costs to Counteract Rising Prices
As inflation surges, an increasing number of Canadians are countering the heightened cost of living by downsizing their household expenses
Read more
Macro
“Get A Dog”: Bill Ackman’s Rivalry With Carl Icahn Renewed As He Compares IEP With Archegos
Bill Ackman questioned Carl Icahn’s firm’s valuation, taking another shot at his old rivalry, whose company has been the focus
Read more
Germany Raids Properties Linked to Climate Activists
German authorities have conducted nationwide raids on 15 properties associated with the Last Generation climate activist group. The raids were
Read more
CIBC, RBC, TD: Banks Dangle Dividend Increase As They Bear Credit Loss Provisions
A trend seems to be emerging as Canada’s biggest banks continue the earnings season for fiscal Q2 2023. Canadian Imperial
Read more
Market Defies Expectations: Icahn Enterprises Faces $9 Billion Loss Following Failed Short Bets
Renowned activist investor Carl Icahn has conceded to making an erroneous prediction resulting in a massive loss nearing $9 billion
Read more
France Implements Ban on Short Domestic Flights
France has officially implemented a ban on short domestic flights that can be completed by train within two-and-a-half hours. The
Read more
UK’s Stubborn Inflation Fuels Expectations for More BoE Rate Hikes
UK’s inflation rate, which was expected to fall more significantly, dropped marginally to 8.7% in April from 10.1% in March,
Read more
Bank Of Montreal Sees Q2 2023 Profit Drop As $1.02 Billion Credit Loss Provision Bites
Bank of Montreal (TSX: BMO) reported an unexpected decline in fiscal second-quarter profit due to a greater provision for loan
Read more
Scotiabank Q2 2023 Financials: Falling Revenue And Income Fail To Beat Estimates
The Bank of Nova Scotia (TSX: BNS), operating as Scotiabank, released its fiscal Q2 2023 financials, top billed by revenue
Read more
Spy Agency Is Having A Hard Time Finding New Recruits
Germany’s intelligence service is having trouble recruiting new agents. The reason? The BND’s (Bundesnachrichtendienst) not-so-flexible work arrangement isn’t so attractive
Read more