Skip to main content

Featured

Judge Dismisses Comey Case, Declares Trump-Appointed Prosecutor Illegally Installed

    Former FBI Director James Comey testifies before a Senate Intelligence Committee hearing on Russia's alleged interference in the 2016 U.S. presidential election on Capitol Hill in Washington, U.S., June 8, 2017.  A federal judge has dismissed criminal charges against former FBI Director James Comey, delivering a sharp rebuke to the Trump-appointed prosecutor who pursued the case. The ruling marks a significant setback for efforts by President Donald Trump’s allies to prosecute perceived political opponents. U.S. District Judge Cameron Currie found that Lindsey Halligan, the interim U.S. attorney who brought the indictment, was unlawfully appointed. Halligan, a former Trump lawyer with no prior prosecutorial experience, bypassed Senate confirmation when she was installed to lead the Eastern District of Virginia. The judge concluded that all actions taken under her authority—including the indictment of Comey—were invalid. The case against Comey, filed in September, a...
Post a Comment
Read more

article

Labels

TSX Futures Slide Amid Global Market Turmoil

 

Futures linked to Canada’s main stock index took a tumble on Tuesday, echoing the brutal sell-off seen across global markets on Monday. The trigger? Recession fears in the United States.

September futures on the S&P/TSX index were down 1.8% at 6:48 a.m. ET (10:48 GMT). Investors worldwide scrambled toward safe-haven assets after weaker U.S. economic data last week raised concerns about a recession in the world’s largest economy.

While investor sentiment was partially soothed by a rebound in U.S. services sector activity and signals of rate cuts from Federal Reserve policymakers, the benchmark U.S. S&P 500 and Nasdaq both closed 3% lower on Monday.

Canadian markets were closed for a holiday, but attention remains on domestic employment figures due later this week and a host of Fed policymakers scheduled to speak throughout the month.

In corporate news, Suncor Energy and iA Financial are set to report their quarterly figures after the closing bell today.

Commodities at 6:48 a.m. ET:

  • Gold futures: $2,423 (+0.5%)
  • U.S. crude: $73.32 (+0.5%)
  • Brent crude: $76.62 (+0.4%)

Stay tuned for further updates as the market volatility continues.





Labels:

Comments

Post a Comment