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11-year-old Canadian boy died of rabies after waking up with a bat on his face despite having no visible bite marksA tragic case in Ontario highlights the deadly risks of bat encounters. An 11-year-old boy died of rabies after a bat landed on his face, d...
Global Market Today: Asian stocks fall on Korean chip selloff, oil dipsAsian markets tumbled as chipmaker stocks experienced a sharp decline, sparking fears the AI rally might have overheated. Concerns also sur...
Trump administration declines to renew North American trade deal, starts 10-year wind-down clockThe United States has declined to extend the USMCA trade deal, initiating a ten-year wind-down period. This move aims to reshore manufactur...
US stocks today: US stocks dip as US-Iran tensions weigh on sentimentUS stocks fell as US-Iran tensions weighed on sentiment, dragging Dow, S&P 500 and Nasdaq lower. Tech stocks led declines even as Meta surg...
Quote of the day by Neil Young: ‘Instead of cursing in the darkness, light a candle for where we're going. There's something ahead, worth looking for’: Canadian-American singer-songwriter’s message on hope over despairCanadian-American music legend Neil Young's 2009 song "Light A Candle" offers a profound life lesson: instead of dwelling on despair, take ...
AI driving credit risk, may threaten jobs and tax revenues in developed economies: FitchFitch Ratings highlights AI and massive digital infrastructure spending as significant global credit risks. While AI promises efficiency, i...
Global Market Today: Asian stocks rise after US tech gains, yen steadyAsian markets surged, mirroring a strong US performance driven by chipmaker gains and resilient economic data. Investors are largely overlo...
US stocks may be headed for a sharp correction, warns Andrew Freris amid AI spending boomMarket strategist Andrew Freris warns Wall Street's rally is built on shaky ground, citing weak earnings and excessive AI enthusiasm. He ad...
US Stock Market: Economic resilience collides with expensive valuations on Wall StreetThe US economy shows surprising strength with robust job growth and consumer spending, yet Wall Street is faltering. Investors are wary of ...
US Stock Market: Rising equity financing costs cast shadow over Wall Street's rallyUS stock markets are facing a new hurdle as borrowing costs for financing equity positions surge. Record demand for leveraged investments a...
Charting the global economy: US spending rises, weather loomsUS consumer spending remains robust despite rising prices, though new home sales dipped. President Trump is scrutinizing gasoline costs. Eu...
Wall Street Week Ahead: Jobs data, rate bets in focus as US stocks close solid first halfUpcoming jobs data could signal a strong U.S. economy, potentially leading to interest rate hikes and stock market jitters, especially for ...
AI is plowing through the workplace. This new group wants to help people adapt and have jobsA newly formed bipartisan nonprofit named RAISE US is set to launch with over $500 million aimed at tackling job losses anticipated from ar...
Rupee cushioned by central bank hand even as dollar strength dents Asia FXThe Indian rupee defied regional weakness on Wednesday, supported by likely Reserve Bank of India intervention against a strengthening doll...
Why Fed's bubble blind spot is cause for anxietyNew Federal Reserve Chair Kevin Warsh may follow Alan Greenspan's approach of not intervening in financial bubbles, a strategy that led to ...
When trees become citizens: A lesson in redefining progressIn a move that elevates environmental stewardship to policy, the Canadian municipality of Terrasse-Vaudreuil has granted trees legal rights...
'Five Eyes' intelligence alliance warns that new AI models pose urgent cyber riskThe intelligence alliance commonly known as the "Five Eyes" said in a three-page statement that, "Frontier AI models are anticipated to e...
Canada not closing doors to Indian students; envoy says now is the best time to applyCanada's High Commissioner to India, Chris Cooter, has urged Indian students to apply now, stating it's the "best time ever." He dispelled ...
Australia and Canada sign a $1.75 billion deal to build long-range radar in CanadaAustralian Defense Minister Richard Marles and Canadian Secretary of State (Defense Procurement) Stephen Fuhr signed the first phase of a p...
Dollar sees 'bullish break' on Fed rate-hike betsThe US dollar is experiencing a significant rally. Traders are betting the Federal Reserve will raise interest rates soon. This has strengt...