Newmont Q1 2026: Output Fell But Earnings Surged On Gold Prices

Newmont Corporation (NYSE: NEM) reported its Q1 2026 financials, topbilled by sales jumping to $7.31 billion from $5.01 billion a year earlier, helped by an average realized gold price of $4,900 per ounce, up from $2,944 per ounce last year. Costs applicable to sales totaled $1.94 billion, down from $2.11 billion a year earlier. Gold […]

Carbon Tax Key Hold Up In Delaying Ottawa-Alberta Pipeline Deal

The unresolved industrial carbon price has become the central obstacle in Ottawa’s energy deal with Alberta, delaying an agreement that was supposed to clear the path for a new oil pipeline capable of moving another 1 million barrels per day to Asian markets. Prime Minister Mark Carney and Alberta Premier Danielle Smith signed a memorandum […]

State Spirit Airlines? Trump Mulls Using Taxpayer Money To Buy Bankrupt Airlines

President Donald Trump is weighing a taxpayer-funded takeover of Spirit Airlines as the bankrupt ultra-low-cost carrier negotiates a federal financing package that could reach $500 million and give the government a major ownership stake. Speaking at the Oval Office on Thursday, Trump said the administration may go beyond a bailout and buy the airline outright […]

“Corruption In Plain Sight”: Eric Trump’s New Robot Firm Already Lands $24M Pentagon Deal

Foundation Future Industries’ $24 million Pentagon robotics deal has become a corruption flashpoint after Eric Trump, the company’s chief strategy advisor and the president’s son, promoted the awarded contract on Fox Business. The company secured the funding for its Phantom humanoid robots through US military research contracts tied to the Army, Navy, and Air Force, […]

Microsoft Offers Voluntary Retirement to 7% of US Workforce in First-Ever Buyout Program

Microsoft (Nasdaq: MSFT) announced a one-time voluntary retirement program for eligible US employees — the first in its 51-year history — making roughly 8,750 workers eligible for financial buyouts as the company moves to control costs amid a massive buildout in AI infrastructure. The program uses a “Rule of 70”: workers at the senior director […]

US Real Home Prices Hit All-Time High, Surpassing 2006 Housing Bubble Peak

Inflation-adjusted US home prices have reached their highest level in recorded history, surpassing the 2006 housing bubble peak and sitting more than double the long-term historical average, according to Case-Shiller index data analyzed by re:venture Consulting. The inflation-adjusted Case-Shiller Home Price Index reached 299.9 in 2025 — above the 266.4 peak recorded before the 2008 […]

Iran War Has Burned Through a Third of US Missile Stockpiles, Analysis Finds

The US military has burned through a significant share of its precision munitions stockpile during its war with Iran, and fully restocking those supplies could take up to six years,  the Wall Street Journal reported, citing US officials who declined to give exact figures. The Center for Strategic and International Studies published an updated analysis […]

Ontario Passes Budget Bill Stripping FOI Access to Premier’s Office, Retroactively Killing Court Cases

The Ford government passed its omnibus budget bill Thursday, burying sweeping changes to Ontario’s freedom of information laws that permanently shield the Premier’s Office, cabinet ministers, and their staff from public records requests — and retroactively wipe out dozens of existing FOI cases, including a court-ordered release of Premier Doug Ford’s personal cellphone records. Progressive […]

Carney Calls US Tariffs CUSMA Violations as Trump Renews 51st State Push

Prime Minister Mark Carney pushed back Thursday against White House pressure over a provincial ban on American alcohol, calling US tariffs on Canadian steel, aluminum, automobiles, and forest products violations of the bilateral trade agreement — as President Donald Trump renewed claims the US subsidizes Canada and repeated calls for the country to become the […]