The Glue: What Keeps the Housing Market from Falling Apart Completely?
One company owned by one bigger company is holding the whole housing market together… for now. And they’re making billions doing it. The housing market remains bleak, as high(er) interest rates fail to contain inflation. It’s a squeeze. A pickle. A real humdinger. We’ve spilled our share of pixels around here illustrating how it works, […]
CBC Sees Staff Compensation Balloon Since 2015
The Canadian Broadcasting Corporation has been in the headlines today, with two separate outlets reporting on matters related to compensation of both employees and former executives at the government-supported broadcaster. Taxpayer.com today issued a report related to the growth in employees earning six-figure incomes since Trudeau has come into power in 2015. The report follows […]
Global Copper Stockpiles Are Falling — With Craig Hemke
Back on the Daily Dive today is Craig Hemke, founder of the TF Metals Report. Craig joins us this afternoon to share his insights on metals, particularly copper, lithium, and gold, in relation to the broader market. Craig also gives us his take on current geopolitical events and the suspected impact they will have on […]
Coinbase Under Investigation By SEC For Staking Program, Among Other Items
Coinbase Global (NASDAQ: COIN) has revealed that it is under investigation by the Securities and Exchange Commission. The company has reportedly received “investigative subpoenas and requests” from the securities regulator. The investigation, the presence of which was included at the end of 10-K filing made yesterday, is reportedly related to a range of the services […]
Russian Asylum Seekers Flock to the US Southern Border
Since Russian President Vladimir Putin announced a “partial mobilization” of the country’s military reservists for the war in Ukraine in September 2022, an increasing number of Russian citizens have been seeking shelter in the United States. According to data posted by American border authorities, the number of Russian citizens encountered by US Customs and Border […]
Facebook Parent Looks To Cut Thousands Of More Jobs
Tech layoffs appear to not yet be over, with the Washington Post reporting this morning that Meta Platforms (NASDAQ: META) intends to conduct further layoffs, despite Chief Executive Mark Zuckerberg previously stating that they were done. The latest round is expected to push leaders into lower-level roles that will see them have no direct reports, […]
Lithium Americas’ Thacker Pass Faces New Attempts To Block Project By Conservationists, Tribes
On February 6, a United States district judge upheld the federal government’s decision to license the Thacker Pass lithium mine north of Winnemucca to Lithium Nevada Corp, a subsidiary of Lithium Americas (TSX: LAC). It gave a rare ruling where it directed the Bureau of Land Management (BLM) to reexamine one element of the environmental […]
DiagnaMed Licenses Brain Health Tech From University Of Miami For AI Platform
DiagnaMed Holdings (CSE: DMED) is moving to enhance its brain health artificial intelligence platform known as CERVAI. The company has entered into a licensing agreement with the University of Miami to add additional features to the current offering. The licensing agreement will see the integration of a novel brain health platform that has been designed […]
Osisko Metals To Joint Venture Pine Point Zinc Project As Part Of $100 Million Investment
Osisko Metals (TSXV: OM) is giving up majority ownership of its Pine Point Project as a means of continuing to advance the project to a construction decision. The firm has reportedly signed a joint venture agreement with Appian Natural Resources Fund to secure a $100 million investment in the property. “The Transaction allows us to […]
First Phosphate Set To Begin Trading This Morning
First Phosphate (CSE: PHOS) will today become the newest issuer listed on the Canadian Securities Exchange. It was confirmed yesterday by the exchange that the firm had been approved to begin trading under the symbol “PHOS”. “We believe First Phosphate is set to become the only pure-play publicly-traded company worldwide to be entirely dedicated to […]