China Responds To Canada’s Order On Lithium Mining Investments
China is opposed to Canada’s decision to order three Chinese mining companies to divest their stakes in three lithium miners in Canada. A spokesperson for China’s Ministry of Commerce (MOFCOM) said on Sunday that China will take all necessary steps to protect the rights and interests of its companies. On November 2, the Government of […]
With Annual Pay Raises At 7.7%, Job-Hoppers Getting Almost Twice More Than Job-Stayers —New Study
Workers are making the most out of the tight labor market and are hacking their way through soaring inflation and current employers tightening belts to keep costs down. The ADP National Employment report found that job-hoppers, or those changing jobs in search of greener pastures, received annual raises almost double the amount received by those […]
Meta Still A Buy? What’s Next for Bitcoin? — With Gareth Soloway
Joining us today on The Daily Dive is Gareth Soloway, President and Chief Market Strategist of InTheMoneyStocks.com. Gareth returns to share his thoughts on the October Jobs Report, the Fed’s possible next move, and the global oil market. Gareth also provides his insights on recent events at Meta, Apple, and Twitter. Finally, we get Gareth’s […]
Trudeau Was Briefed On Alleged Chinese Foreign Interference In 2019 Federal Election
The Canadian Security Intelligence Service (CSIS) has allegedly found and briefed Prime Minister Justin Trudeau of numerous occasions whereby the Chinese government interfered and influenced Canada’s federal election in 2019, bringing attention to the inherent vulnerability of outdated Canadian espionage and counterintelligence laws. According to Global News which cited unnamed sources close to the situation, […]
The Crypto Family Feud: Binance Is Acquiring FTX After All
In a bizarre development that would make crypto Twitter wonder if the feud was just for show, FTX CEO Sam Bankman-Fried and Binance CEO Changpeng Zhao both announced on Twitter this morning that the two crypto exchange platforms signed a non-binding letter of intent for Binance to acquire FTX. This is just after a little […]
FTX Seems To Have Paused Withdrawals After Binance Exodus
Chain data has shown that crypto exchange FTX appears to have paused processing customers’ withdrawals, as highlighted by The Block. The last transaction from FTX on the Ethereum blockchain was recorded for more than four hours ago as of this writing, with succeeding transactions mostly deposits or purchases. This pause is relatively unusual activity given […]
Lyft Crashes As Q3 2022 Financials Show Costs Exceeding Revenue, Widening Losses
Lyft, Inc. (Nasdaq: LYFT) released on Tuesday its Q3 2022 financials, topbilled by US$1.05 billion in revenue. This is an increase from Q2 2022’s US$990.7 million and Q3 2021’s US$864.4 million. But the firm still had total operating costs for the quarter exceeding the topline figure–a trend the firm has for the last three quarters. The […]
Chrystia Freeland Admits She Is “A Very Privileged Person” After Tone-Deaf Disney+ Comment
After facing criticism over her decision to cancel their family’s Disney+ subscription as a way to save money, Deputy Prime Minister Chrystia Freeland on Monday recognized her privilege and acknowledged how regular Canadian families are actually struggling with the surging cost of living. “I am a very privileged person, for sure. Like other elected federal […]
enCore Energy Faces Ballot Measure Seeking To Ban Mining At Dewey-Burdock Project
enCore Energy (TSXV: EU) might have a major problem on its hands after today’s elections are concluded. A ballot measure within Fall River County looks to derail their entire Dewey-Burdock project within South Dakota. The ballot measure seeks to ban uranium mining within the Fall River County, where the Dewey-Burdock project is located. The measure […]
SSR Mining Sees Revenue Halved In Q3 Due To Copler Shutdown
It appears that the shutdown at its largest mine in Turkey significantly impacted SSR Mining (TSX: SSRM) and their third quarter 2022 results. The company reported negative net income for the three month period this morning, while also reducing its full year guidance. Revenue for the quarter came in at $166.6 million, nearly half of […]