Consumer Prices Unexpectedly Accelerate in April
After showing signs of abating for several consecutive months even amid a Bank of Canada policy rate hike pause, consumer prices unexpectedly increased in April. Latest figures from Statistics Canada showed that the CPI rose another 0.7% month-over-month in April, following a 0.5% increase in March. Over the past 12 months, consumer prices are up […]
E3 Lithium Said To Start Construction Of Pilot Plant
Construction is said to have begun on the pilot plant at E3 Lithium’s (TSXV: ETL) Clearwater project in Olds, Alberta. The commencement of construction activities follows the company receiving its facility license early last month. The facility, which is to be located at the first of three wells that that company drilled in 2022, is […]
Rumble Acquires CallIn, David Sacks’ Podcasting Platform
Rumble Inc (Nasdaq: RUM), the right-wing video-sharing platform, announced late yesterday that it has acquired CallIn, the San Francisco-based podcasting and live-streaming platform founded by technology entrepreneur and investor David Sacks. Its acquisition of CallIn can be seen as a major coup for Rumble. The podcasting platform will give Rumble a major presence in the […]
Canadian Home Sales Increased in April as Demand Continues to Outweigh Supply
Despite high interest rates and dampened economic conditions, the demand for housing across Canada isn’t showing signs of wavering. Latest figures from the Canadian Real Estate Association (CREA) show that home sales across the country jumped 11.3% between March and April, but are still down 19.5% from last year’s levels. The increase was primarily dominated […]
The Default Boogeyman Is Back, But There’s Nothing To Be Afraid Of
Once again, the political theatrics surrounding America’s ballooning debt problem are back— and, as always, it’s the same old story: the Democrats are fighting tooth and nail to raise the ceiling, whilst Republicans turn the charade into an ultimatum to slash federal spending. With the clock ticking closer and closer to the doomsday default, US […]
Florida Governor Ron DeSantis Signs ‘Medical Freedom’ Bills
Florida Governor Ron DeSantis on Thursday signed a set of bills into law that he said would protect the “medical freedom” of Floridians. The bills, which were passed by the Republican-controlled state legislature last month, ban mask and vaccine mandates, and create new conscience protections for health providers. DeSantis, a potential 2024 presidential contender, has […]
Plot Twist: Bob Lee Had A Secret Life, and Possibly An Affair with Alleged Killer’s Sister
In what at first seemed like a random street crime, the killing of Cash App founder Bob Lee is unfolding like a real-life Netflix drama. According to the Wall Street Journal, Lee was “casually sleeping” with Khazar Momeni, the younger sister of his alleged killer, Nima Momeni. Lee and the younger Momeni were both reportedly […]
Stellantis Halts Windsor Battery Plant Construction After Liberal Government Fails to Deliver Promised Funding
EV maker Stellantis has indefinitely halted construction at its $5 billion battery manufacturing site in Windsor, Ontario, and is blaming the federal government for failing to meet funding commitments. Stellantis on Monday confirmed that its EV battery project with LG Energy Solution is being put on hold because the federal government has thus far failed […]
Google’s Bard Is Staying Away from The European Union
Google’s parent-co Alphabet (NASDAQ: GOOGL) officially rolled out Bard, its ChatGPT-rival generative AI chatbot, at its recent I/O event and it’s now active in 180 countries. The catch is, Google excluded the European Union (EU) from its latest rollout. The 450 million people living in the EU are currently unable to access Google Bard or […]
Prigozhin Denies Report He Offered to Betray Russian Positions
The head of Russia’s Wagner private army has denied a report that he offered to betray Russian positions to Ukraine in exchange for the withdrawal of Ukrainian troops from the city of Bakhmut. Yevgeny Prigozhin, the group’s leader and a close ally of Russian President Vladimir Putin, said the report was “nonsense” and that he […]