Griffin: US Should Focus on Strengths, Not Manufacturing Revival
Citadel CEO Ken Griffin rejected President Trump’s tariff strategy as ineffective in bringing back manufacturing jobs during his address at Stanford University, declaring that these positions are gone for good. “These jobs are not coming back to America,” Griffin told students at Stanford’s Graduate School of Business on Friday. “And to be clear, with an […]
Mandalay Resources x Alkane Merger: The GDXJ Gamble
Last week we saw three straight days of M&A announcements within the mining sector, and this week appears to be off to a similar start. On Sunday evening, Mandalay Resources (TSX: MND) announced that it would be partaking in a merger with that of the ASX-listed Alkane Resources, starting off a second straight week of […]
Freeport Q1 Earnings: Tariffs Are A GOOD Thing
There’s a name out there that released their first quarter financial results last week. And while they aren’t Canadian listed so we wouldn’t normally cover them, they are a major copper producer, alongside gold and molybdenum, so for our viewers we thought it was imperative that we give them some air time as well. That […]
China Confident in Economic Resilience Despite US Tariff Pressure
Chinese officials dismissed concerns about US tariffs this week, asserting they have ample tools to protect jobs and limit economic damage from the ongoing trade dispute with Washington. Senior officials from multiple government ministries held a briefing to shore up confidence, promising support for companies and the unemployed while pledging easier lending conditions to counter […]
Hardship Withdrawals from 401(k)s Surge as Americans Face Financial Pressure
Hardship withdrawals from 401(k) retirement accounts are running 15% to 20% above historical norms as Americans face mounting financial pressure, according to retirement plan provider Empower. The trend signals growing financial strain among US workers who are increasingly turning to retirement savings to cover immediate expenses, Empower CEO Ed Murphy told Bloomberg in a recent […]
Former Alberta Premier Jason Kenney Speaks Out Against Separatism
Former Alberta Premier Jason Kenney criticized federal policies while defending Alberta’s approximately $20 billion annual contribution to Canadian fiscal federalism in a detailed social media statement, urging the province to pursue alliances rather than separation from Canada. “Despite making a net contribution of ~$20 billion to fiscal federalism every year, we have faced a government […]
Lindsey Graham Says 72 Lawmakers Back Russia Sanctions Bill
US Senator Lindsey Graham on Wednesday claimed 72 senators support legislation that would impose what he called “bone-crushing” sanctions on Russia and countries supporting Moscow if peace negotiations fail to end the Ukraine conflict. The South Carolina Republican, a close ally of President Donald Trump, said the proposed measures would include a 500% tariff on […]
Conservative MP In Battle River-Crowfoot Resigns For Poilievre To Run In Byelection
Canada is set to have a byelection in the near term following the 2025 election. With Conservative Party leader Pierre Poilievre failing to be re-elected in his riding of Carleton, an elected member of parliament in Alberta has agreed to step down from his position to make way for Poilievre. Damien Kurek, who was elected […]
Musk Talks about DOGE Retreat While Comparing Initiative to ‘Buddhism’ and Himself to Buddha
Tesla (Nasdaq: TSLA) CEO Elon Musk is preparing to scale back his involvement with the Department of Government Efficiency, the controversial cost-cutting initiative he has led for President Donald Trump’s administration since January. In a TV interview this week, Musk indicated he plans to significantly reduce his commitment to DOGE beginning in May, intending to […]
Unifor Says More Cuts Coming To General Motors’ Canadian Operations
General Motors (NYSE: GM) is reportedly cutting production at its Oshawa Assembly Plant, as per a statement put out by Unifor this morning condemning the action. The plant is reportedly scheduled to be reduced from a three shift to a two shift operation this fall, with the company blaming US President Donald Trump’s tariffs as […]