Jerome Powell to Remain Fed Governor After Chairmanship Ends Amid Ongoing Probe
Jerome Powell, outgoing Federal Reserve Chair, announced on Wednesdaythat he will continue serving as a governor on the central bank’s Board of Governors for an indefinite period after his chairmanship ends on May 15. His decision hinges on overseeing the conclusion of a probe into renovations at the Fed’s headquarters, a matter that has drawn […]
LIV Golf Loses Saudi Funding as Public Investment Fund Pulls Plug After $6 Billion Investment
LIV Golf, the controversial rival to the PGA Tour, will lose its primary financial lifeline as Saudi Arabia’s Public Investment Fund (PIF) plans to end funding after the current season. The decision, set to be announced to players and staff on Thursday, marks a stunning reversal for a league that has burned through nearly $6 […]
Montreal Negotiations Seal Canada as Defence Bank Headquarters
Canada has been selected as the host nation for a pioneering multinational defence bank following the conclusion of negotiations in Montreal on Wednesday, as per the Globe and Mail. The decision, reached after three rounds of talks involving around 19 founding countries, positions Canada at the center of the Defence, Security and Resilience Bank, a […]
Canada Unveils Nuclear Energy Strategy with $40M for Arctic Defence Microreactors
Canada is forging ahead with an ambitious Nuclear Energy Strategy, announcing a $40 million investment by the Department of National Defence to study microreactors for remote Arctic military facilities. Energy and Natural Resources Minister Tim Hodgson revealed the framework at the Canadian Nuclear Association Conference in Ottawa, signaling a broader federal push to expand nuclear […]
Al Gore Now Warns Warming Could Trigger Cooling 20 Years After “An Inconvenient Truth”
Former US Vice President Al Gore is warning that global warming could trigger cooling, a return to one of the most paradoxical risks he raised nearly 20 years ago in An Inconvenient Truth. Speaking at a Hollywood Reporter event marking the documentary’s 20th anniversary, Gore connected current warming, Greenland ice loss, and the threat of […]
Here’s How Liberals Ask Conservatives To Cross The Floor, MP Reveals
Conservative MP Kelly DeRidder has accused the Liberals of trying to recruit her across the floor, adding a new flashpoint to the controversy over how Prime Minister Mark Carney’s government turned a minority Parliament into a working majority. DeRidder, the Conservative MP for Kitchener Centre, said in a public statement that she was personally approached […]
Unaired Part of CBS Interview Says Trump Framed Wounded Agent Care As Media Optics
CBS’s unaired portions of President Donald Trump’s 60 Minutes interview show the president casting assassination attempts as a marker of consequential leadership, then questioning why a Secret Service agent struck during the White House Correspondents’ Dinner shooting was taken to the hospital. The interview, conducted by Norah O’Donnell and published in full by CBS News, […]
Australia’s NSW Opens New Gas Exploration Areas, Slashes License Fees from $50,000 to $1,000
Australia’s New South Wales is opening new areas for gas exploration for the first time in over a decade, slashing license application fees from A$50,000 to A$1,000 in an effort to attract investment and address looming energy shortfalls on Australia’s east coast. The state government has identified two regions in the far west, the Bancannia […]
Bank of Canada Holds Rate at 2.25% as Iran War Fuels Inflation and Energy Crisis
The Bank of Canada kept its benchmark interest rate steady at 2.25% on Wednesday, marking the fourth consecutive hold since a 0.25% cut in October 2025, as the ongoing war in Iran, now in its third month, drives energy price spikes and global economic uncertainty. Governor Tiff Macklem acknowledged the challenging landscape, pointing to geopolitical […]
First Quantum Raises Guidance Despite Wider Loss In Q1 2026
First Quantum Minerals (TSX: FM) widened its Q1 2026 loss as hedge losses, lower sales volumes, and a stronger Zambian kwacha offset higher realized copper prices, even as the miner raised 2026 copper guidance after Panama approved processing of Cobre Panamá stockpiled ore. The company reported a net loss attributable to shareholders of $196.0 million, […]