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Showing posts from November, 2024

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Wall Street Futures Surge as Fed Hints at More Cuts, Nvidia’s $5B Intel Bet Lifts Tech

  U.S. stock futures climbed on Thursday, with the Nasdaq leading gains, after the Federal Reserve cut interest rates by 0.25 percentage points and signaled two more reductions could follow in 2025. Dow Jones Industrial Average futures rose 0.7%, S&P 500 futures gained 0.8%, and Nasdaq 100 futures jumped 1.2%, buoyed by a sharp rally in tech stocks. Intel shares surged nearly 30% in premarket trading after Nvidia announced a $5 billion investment in the struggling chipmaker, though the deal stops short of a manufacturing partnership. The Fed’s move, aimed at supporting a slowing economy amid high inflation and a weakening labor market, initially sparked caution, but optimism returned as investors bet on a more accommodative policy path. If gains hold, the S&P 500 is set to open above 6,700 for the first time, extending September’s unexpected rally. Traders are now watching weekly jobless claims for further clues on the labor market, while corporate earnings — including ...

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Postal Workers Union Files Unfair Labour Practice Complaint Over Canada Post Layoffs

Trump and Republicans Set Ambitious 100-Day Agenda with Focus on Tax Cuts

Canada Post Strike Disrupts Black Friday Sales and Holiday Shipments

Israel Strikes Hezbollah Weapons Smuggling Sites in Syria Amid Ceasefire Tensions

Trudeau and Trump Meet in Florida Amid Tariff Tensions

Conservatives Leverage Singh's Critique in Non-Confidence Motion

Trudeau Faces Pressure to Expand $250 Rebate Beyond Working Canadians

Canada Pauses Private Refugee Sponsorship Applications Until 2026

Snowfall Siege: Ontario Grapples with Record Snow Squalls

Your daily horoscope: November 30, 2024

"CRA Duped Again: Ontario Construction Tax Credit Scam Costs Millions"

Ignace Chosen as Site for Canada's Underground Nuclear Waste Repository

"Ontario Braces for Massive Snow Squalls: Up to a Metre of Snow Expected"

Canada's Economy Shows Modest Growth in Q3 2024

Liberals and NDP Push GST Holiday Bill Through House of Commons

Saudi Arabia Shifts Focus to Modest Military Cooperation with U.S.

Your daily horoscope: November 29, 2024

Mediation Talks Between Canada Post and Union Halted Amidst Ongoing Strike

Canada Post Temporarily Lays Off Striking Workers Amid Ongoing Strike

Israel Claims Ceasefire Violation, Fires on Southern Lebanon

Mexico Threatens Retaliation Over Proposed Tariffs, Warns of Job Losses

Liberals' GST Break Expected to Pass Today

Ontario Braces for First Major Snow Squall Event of the Season

Your daily horoscope: November 28

Israel-Hezbollah Ceasefire Holds as Lebanese Civilians Begin Returning Home

UN Resolution 1701: The Blueprint for Israel-Hezbollah Ceasefire

Ottawa presses for united front to tackle Trump’s promised tariffs

New Tariffs on Canadian Oil and Gas Could Drive Up U.S. Energy Prices

Winter Set to Redeem Itself After Record-Breaking Warmth

Loonie Plummets to 2020 Lows Amid Trump's Tariff Threat

Stock Market Pauses Near Records Ahead of Key Inflation Data

NDP Won’t Support Liberal $250 Rebate Plan Unless Eligibility Expanded: Singh

Your daily horoscope: November 27