US CPI Explodes Past Expectations, Lays Case for Massive Fed Rate Hike
Just when the myopic Fed was preparing to declare victory over the hottest inflation in 40 years against market expectations of a 0.1% month-over-month decline, August CPI data came barreling in like a hurricane, bringing with it the 27th consecutive month of rising inflation. Consumer prices jumped 0.1% between July and August, cementing in an […]
Heritage Mining Reports First Assay Results From Field Program
Heritage Mining (CSE: HML) provided an exploration update this morning for its flagship Drayton-Black Lake project, while also providing a rough outline for oncoming exploration activities at the property. Exploration is currently occurring at a number of priority targets. Found in northwest Ontario, the Drayton-Black Lake project is said to comprise of 15,257 hectares of […]
New Found Gold Hits 152 g/t Gold Over 3.85 Metres
New Found Gold (TSXV: NFG) posted its latest drill results this morning from its flagship Queensway project in Newfoundland. The latest data comes from the Lotto Main Vein on the property, which is found north of the flagship Keats zone. The assays released this morning are said to be both infill as well as step […]
Cognetivity Sees Its Cognitive Tool Used In Clinical Study For OCD
While it may have been initially developed for the early detection of Alzheimer’s disease or other cognitive impairments in patients, it appears that Cognetivity Neurosciences’ (CSE: CGN) flagship product, CognICA, is also beneficial in the area of medical research. The firm this morning revealed that its technology will be used by the Baylor College of […]
Great Panther To Sell Past Producing Mine For Just US$750,000
The sell off of assets has begun for Great Panther Mining (TSX: GPR) following the firm filing for creditor protection last week. The company this morning revealed it has entered into a non-binding letter of intent to sell off certain Peruvian assets. The transaction will see the firm sell the Coricancha Mine, a past producing […]
Russian Municipal Deputies Sign Petition Calling for Vladimir Putin’s Resignation
Following what has been a detrimental week for Russia’s military across occupied regions of Ukraine, a number of local Russian politicians are calling on president Vladimir Putin to resign for inflicting “harm on the future of Russia and its citizens.” A petition posted on Twitter by St Petersburg municipal deputy Xenia Torstrem and signed by […]
Is Russia Losing the War? Ukraine Forces Push Into Russian-Occupied Regions as Kyiv Promises to Retake All Seized Areas
It appears the war in Ukraine has come to a turning point, where Ukrainian troops are making one of the strongest offensive moves against Russia’s military since Moscow invaded the country in February. Ukraine’s military gained access to a warehouse filled with Russian guns and ammunition over the weekend after overtaking the city of Izyum, […]
Skip The Dishes Lays Off 350 Winnipeg Employees Amid Slowing Demand for Food Delivery Services
Skip The Dishes is laying off some of its Canadian staff, as dampened demand for food delivery services take a hit on profitability. Skip The Dishes, which is owned by parent company Just Eat Takeaway.com, announced last week it will be laying off 350 employees based out of Winnipeg, citing new changes that will “set […]
Former Collaborator Disputes Zoltan Pozsar’s Bretton Woods III
Credit Suisse strategist Zoltan Pozsar and Boston University economics professor Perry Mehrling faced off to discuss the outlook of the dollar-dominated monetary order. While the former has been essentially describing in his dispatches the losing edge of the primary global currency, the latter believes the dollar is actually further establishing its dominance. The pair guested […]
Meta Dissolves Team Assigned To Police Potential Ethical Issues Of Facebook, Instagram
Just a little a year after drumming up their own ‘responsible innovation’ efforts, Facebook’s parent company Meta Platforms, Inc (NASDAQ: META) has cut the team tasked to lead these efforts, the Wall Street Journal reports. Meta’s abandonment of its Responsible Innovation team, which is supposed to police potential ethical issues caused by their products Facebook, […]