Prime Minister Mark Carney is meeting with the heads of the Canadian auto industry as concerns mount over the ongoing impact of tariffs imposed by the U.S.
The industry has been facing a 25 per cent tariff from the U.S. on the sector itself, as well as a 50 per cent duty on steel and aluminum,
» Read more about: Carney meets with auto sector as Trump’s trade war stretches on »
» Read more about: Cyngn Stock Soars as Nvidia Partner Covers Costs Through 2027 »
An unexpected decline in private sector payrolls, the first decrease in two years, has investors revisiting the outlook for the broader labor market.
US stocks were flat, erasing pre-market losses after a report showing an unexpected decline in employment raised concerns of slowing economic growth ahead of a more widely followed gauge of labor due Thursday.
» Read more about: US stocks flat following private jobs data shock »
Investors in Compass, Inc. COMP need to pay close attention to the stock based on moves in the options market lately. That is because the Aug 15, 2025 $03.00 Call had some of the highest implied …
» Read more about: Is the Options Market Predicting a Spike in Compass Stock? »
With the landmark approvals of spot Bitcoin and Ethereum ETFs now in the rearview, crypto investors are shifting focus to the next potential exchange-traded products: XRP, Solana (SOL), and Cardano (ADA).
These altcoins, among the most widely held and actively traded, are gaining attention from analysts and fund managers anticipating a broader wave of crypto-based financial products.
» Read more about: XRP, Solana, and Cardano ETFs Up Next: Here’s What We Know »
Treasury Secretary Scott Bessent said Tuesday night that he thinks the Federal Reserve could cut interest rates by September or “sooner” because of mild inflation thus far from President Trump’s tariffs.
“I think that the criteria is that tariffs were not inflationary. If they’re going to follow that criteria, I think that they could do it sooner than then,
» Read more about: Scott Bessent says Fed could cut rates by September or 'sooner' »
The Old-Age and Survivors Insurance (OASI) Trust Fund is projected to become depleted in 2033, the same year as last year’s estimate, with 77% of benefits payable at that time, according to the report. The Disability Insurance (DI) Trust Fund is projected to remain solvent through 2099.
If the reserves of the OASI and DI Trust Funds were combined,
The Nasdaq 100 initially tried to rally a bit during the early hours on Wednesday only to turn around and drop again. Now, I don’t necessarily think that the NASDAQ 100 is about to enter a negative trend, but we do have non-farm payroll announcements on Thursday that probably have people somewhat cautious about trying to jump in with a huge position.
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ADP employment data showed a surprising loss of jobs among private employers in June.