Overhyped? Justice Department’s Epstein Document Release Falls Flat
The US Justice Department released documents related to sex trafficker Jeffrey Epstein on Thursday, but the first batch posted publicly contained no new revelations about his connections to prominent figures, disappointing those who had anticipated bombshell disclosures. Attorney General Pam Bondi first shared the materials with conservative social media influencers at the White House before […]
The Grift Continues: SEC Halts Fraud Case as Justin Sun Funnels Millions into Trump Venture
The SEC has effectively paused its fraud prosecution of Justin Sun, a Chinese national who has poured over $50 million into President Donald Trump’s crypto venture, World Liberty Financial (WLF). The SEC originally charged Sun in March 2023, accusing him of promoting unregistered securities and “fraudulently manipulating the secondary market” for a crypto token through […]
SEC Says Meme Coins Are Not Securities
The US Securities and Exchange Commission said on Thursday it will not classify most “meme coins” as securities under federal law, marking a significant shift in its approach to regulating the cryptocurrency industry. In a staff statement, the SEC’s Division of Corporation Finance said meme coins, which are inspired by internet memes and trends, are […]
Anand Makes A U-Turn, To Run Again With Carney’s Backing
Canadian Transport Minister Anita Anand will announce on Friday that she is reversing her decision to retire from politics and will instead seek re-election, according to sources familiar with her plans. Anand, who previously said she would not run in the upcoming federal election or seek to lead the governing Liberal Party, will make the […]
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Trump Plans To Impose Tariffs On Canada’s GST
The flurry of Trump’s tariffs is about to cross a weird border as Canada’s national sales tax has become the latest target from the Trump administration. According to Commerce Secretary Howard Lutnick, the US plans to retaliate against Canada over its 5% levy on virtually every good and service sold nationwide. “We’re supposed to have […]
Congo Seizes Control of Cobalt Exports with Sweeping State Monopoly
The Democratic Republic of Congo has launched an aggressive strategy to dominate the global cobalt market, establishing a state-controlled export monopoly that could reshape the battery metals industry. The government’s newly created Entreprise Generale du Cobalt now holds exclusive rights to export artisanal cobalt, fundamentally restructuring how independent traders and processors operate. A ministerial decree […]
Trump Administration Tied to Tate Brothers’ Release from Romanian Custody
It pays to be in Trump’s manosphere
CIBC Reports 26% Net Income Jump, Credit Loss Provision Decline in Q1 2025
CIBC (TSX: CM) posted its fiscal Q1 2025 earnings results, highlighted by a 26% year-over-year jump in reported net income to $2.17 billion from $1.73 billion in Q1 2024 and a 15% jump from $1.88 billion in Q4 2024. The bank’s revenue rose to $7.28 billion, representing a 17% increase compared to the same period […]
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Royal Bank of Canada Reports 43% Net Income Growth, 29% PCL Jump In Q1 2025
Royal Bank of Canada (TSX: RY) has unveiled its Q1 2025 earnings, driven by both robust organic growth and the ongoing integration of HSBC Bank Canada. The bank reported net income of $5.13 billion for the quarter, up 43% from $3.58 billion in the same period last year and 22% higher than $4.22 billion in the […]
TD Bank Reports Flat Income In Q1 2025 Amid Rise In Credit Loss Provision
TD Bank Group (TSX: TD) has reported adjusted net income of $3.62 billion for the first quarter of fiscal 2025, narrowly down from $3.64 billion a year ago but significantly above the $3.21 billion recorded last quarter. Reported net income of $2.79 billion for Q1 2025 dipped slightly from the $2.82 billion posted in the […]