The overwhelming majority of state governments in the United States believe that Meta Platforms has created a online marketplace for child predators to flourish, and on Tuesday New Mexico joined the court battle against the Read more…
The Bank of Canada maintained the overnight rate at 5.0%, while stating that it will continue with Quantitative Tightening (QT). The Bank highlighted the slowing in economic momentum stating, “economic growth stalled through the middle Read more…
Those who have traveled through the country’s many national parks will know that the entrance and car fees can be a bit of a crapshoot. Some are free entirely, some are free on certain days Read more…
ADP reported a 103k increase in new private sector jobs in the US, against expectations of 130k and 106k (revised from 113k) a month earlier. This indicator was designed as the last insight on the Read more…
The Dow Jones index has switched into consolidation mode, joining the S&P500 and Nasdaq100, which did so almost two and three weeks ago, respectively. This could be consolidation before a spurt to new highs, but Read more…
BoC keeps overnight rate target unchanged at 5.00%, aligning with market expectations. In its policy statement, the central bank emphasized its ongoing concern about inflationary risks, stating it “remains prepared to raise the policy rate Read more…
Ark Invest’s Fintech Innovation ETF boosted its holding in SoFi Technologies (SOFI) – Get Free Report by 179,841 shares Tuesday. The purchase, based on SoFi’s closing price of $7.99 per share, was valued at roughly $1.4 Read more…
Coca-Cola took a harsh stand on what Chief Executive James Quincey back in 2020 called “zombie brands.” These are brands that don’t sell particularly well and make limited sense for the company to keep producing. Read more…
The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening. Read more…
Markets Today’s US ADP job report served as the next test for markets eager to frontrun a sharp Fed pivot. November employment grew by 103k, less than the 130k expected and a further deceleration from Read more…