US Sanctions Iran’s Persian Gulf Strait Authority Over Hormuz Transit Tolls

The US Treasury Department designated Iran’s Persian Gulf Strait Authority to its Specially Designated Nationals list on Wednesday, targeting the body Tehran created to collect transit fees in the Strait of Hormuz and warning that anyone paying those fees may face sanctions exposure. “The Iranian military’s latest attempt to extort global maritime trade is proof […]

Newsom Eyes 100% Tax on Jan. 6 Fund Payments to California Residents

California Governor Gavin Newsom announced Wednesday that the state will impose a 100% tax on any payments California residents collect from the Trump administration’s $1.776 billion fund for alleged victims of political “weaponization”, a move that would wipe out any financial benefit for recipients in the most populous state in the country. “Anyone from California […]

Meta Launches Global Subscription Ladder Across Instagram, Facebook, and WhatsApp

Meta Platforms (NASDAQ: META) is rolling out paid subscription plans across Instagram, Facebook, and WhatsApp, building a six-tier ladder that stretches from $2.99 a month for WhatsApp personalization features to $49.99 a month for a professional package aimed at creators and businesses. It is the company’s most structured push yet to pull revenue from its […]

Robinhood Markets Gives AI Agents Authority to Execute Trades, Make Purchases

Robinhood Markets (NASDAQ: HOOD) is handing retail investors a new kind of tool: an AI agent that can buy equities and swipe a credit card on their behalf, with no human required at the moment of execution. The brokerage is pitching it as the next frontier of automated personal finance, and the guardrails it has […]

National Bank Lifts Earnings In Q2 2026 After CWB Deal

National Bank of Canada (TSX: NA) reported its Q2 2026 financials, headlined by a net income of $1.23 billion, up from $896.0 million a year earlier, translating to $3.06 earnings per diluted share. On an adjusted basis, net income was $1.30 billion, up from $1.17 billion a year earlier, landing at $3.23 diluted EPS was […]

Guanajuato Silver Swings to Profit in Q1 as Bolanitos Acquisition Reshapes Output

Guanajuato Silver (TSXV: GSVR) flipped to a quarterly profit in the three months ended March 31, posting net income of $5.7 million as the recently closed Bolanitos acquisition and firmer precious metals prices reshaped the producer’s income statement. Revenue climbed 89% from the prior quarter to $43.1 million, with silver and gold accounting for more […]