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The Rate Cuts Are Over — Is a Hike Coming?

  July 23, 2026 Oil shocks, sticky inflation and a technical recession are pulling the Bank of Canada in opposite directions at once. For most of the past two years, the only question about the Bank of Canada was how far and how fast it would cut. The overnight rate fell from 5.00% to 2.25% between June 2024 and October 2025, one of the sharpest easing cycles in the Bank's history, and it has held there through six consecutive decisions since. That story is now over. The question on the table for the rest of 2026 isn't whether the Bank cuts again — it's whether the next move is actually a hike. Two conflicting signals, one Bank The case for staying put — or even cutting — comes from the growth side of the ledger. Statistics Canada data showed the economy contracted in both the fourth quarter of 2025 and the first quarter of 2026, meeting the informal definition of a technical recession. That was enough to have some economists warning the Bank had no room to raise rates at a...

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Escaped Monkeys from South Carolina Lab Embark on Unexpected Adventure

 

 In an unexpected turn of events, 43 rhesus macaques have escaped from the Alpha Genesis research facility in Yemassee, South Carolina. The monkeys, bred for medical research, made their break for freedom after an employee failed to fully secure a door during routine feeding and checks.

The monkeys have been spotted in the woods near the facility, and efforts are underway to recapture them using food as bait. Alpha Genesis CEO Greg Westergaard remains optimistic about their safe return, stating, "I think they are having an adventure".

Authorities have assured the public that the monkeys pose no health risk, as they are pathogen-free and harmless. However, residents are advised to keep their distance and report any sightings to local authorities to avoid making the monkeys more skittish and harder to capture.

The monkeys, all female and weighing about 7 pounds each, have been seen exploring the outer fence of the compound and interacting playfully with the monkeys still inside. Police and facility workers are closely monitoring the situation to ensure a safe and swift resolution.

Eve Cooper, a biology professor at the University of Colorado Boulder, cautions that while the monkeys are generally harmless, they can become aggressive if frightened. She advises the public to maintain a safe distance and allow professionals to handle the recapture efforts.

As the search continues, the community remains hopeful for the safe return of these adventurous primates.


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