Loblaw exec denies grocery giant is profiteering from food inflation:
globalnews.ca/news/9327042/loblaw-food-inflation/
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Ex-Bank of Canada Governor Dodge Says Freeland Budget Hurts Inflation Fight: Former Bank of Canada Governor David Dodge said the increase in spending in the ...
bloomberg.com/news/articles/2024-04-18/former-bank-of-canada-governor-dodge-says-freeland-budget-hurts-inflation-fight
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Economists warn tax hikes are on the table in Tuesday’s budget: The Finance Minister has fuelled that speculation in large part by refusing to rule out such ...
theglobeandmail.com/politics/article-economists-warn-tax-hikes-are-on-the-table-in-tuesdays-budget/
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States' inflation varies, in part due to domestic migration - UPI.com: While the nation's inflation rate rose to 3.5% in March, some states are seeing ...
upi.com/Top_News/US/2024/04/17/domestic-migration-inflation/8701712947063/
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
What Australia and the U.K.'s grocery codes can teach us about Canada's food fight
montrealgazette.com/news/national/what-australia-and-the-u-k-s-grocery-codes-can-teach-us-about-canadas-food-fight
Montreal market powers ahead as home sales surge: What’s happening has some familiar causes: the combination in recent years of faster immigration and population ...
theglobeandmail.com/real-estate/article-montreal-market-powers-ahead-as-home-sales-surge/
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This is the No. 1 city in the world for remote work—what it's like to live there: A new analysis from Remote.com considers factors covering quality of life ...
cnbc.com/2024/04/16/no-1-city-in-the-world-for-remote-workwhat-its-like-to-live-there.html
Honda to set up $11 bln electric vehicle, battery plants in Canada: Honda Motor plans to invest C$15 billion ($11 billion) in new EV and battery production ...
reuters.com/business/autos-transportation/honda-set-up-11-bln-ev-production-base-canada-2024-04-25/
Quick Glance: Honda to Establish $11 Bln EV, Battery Plants in Canada
- Honda plans to invest C$15 billion in new EV and battery production plants in Ontario alongside existing facilities to support the growth of North American demand for EVs.
- Production is set to start by 2028, with an annual capacity of up to 240,000 EVs and 36 gigawatt-hours for batteries to achieve the goal of having all North American sales from Honda be either EVs or fuel cell vehicles by 2040.
- The Canadian government and Ontario province intend to support Honda with around C$5 billion, with Honda contributing 60%-70% of the total investment to reduce costs by more than 20%.
- Honda will also collaborate with companies like Asahi Kasei and POSCO to further lower production costs and strengthen the EV supply chain in Canada, leading to an increase in jobs and economic growth.
US economy grew less than expected in first quarter at 1.6% rate: Higher than expected price pressures cast doubt on potential for Fed rate cuts
ft.com/content/f9e3ebdd-0977-4b12-84cd-25c7380f91cb
Paid articlePaidQuick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
Honda’s $11 Billion Electric-Vehicle Expansion Includes Government Aid in Canada: Honda Motor Co. will spend C$15 billion ($11 billion) to build electric ...
bloomberg.com/news/articles/2024-04-25/honda-s-11-billion-electric-vehicle-expansion-includes-government-aid-in-canada
The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
Bombardier burns more cash to ramp up business jet production: Bombardier reported a higher-than-expected cash burn in the first quarter on Thursday as the ...
reuters.com/business/aerospace-defense/bombardier-burns-more-cash-inventory-rises-support-business-jet-ramp-up-2024-04-25/
US economic growth slows but inflation grows: The world's largest economy grew less than expected but rising inflation may delay a rate cut.
bbc.com/news/business-68898432
About 1 in 4 U.S. adults over 50 say they expect to never retire, an AARP study finds
pbs.org/newshour/economy/about-1-in-4-us-adults-over-50-say-they-expect-to-never-retire-an-aarp-study-finds
RBA to ‘increase interest rates three times’: A top forecaster issued a dire interest rate warning, predicting that the Reserve Bank will be forced to hike three ...
news.com.au/finance/economy/interest-rates/leading-forecaster-warren-hogan-predicts-rba-will-hike-cash-rate-to-51-per-cent-this-year/news-story/f6f2f084778953ccaa0538383f67449f
Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
cnn.com/2024/04/25/economy/stagflation-us-economy-gdp/
Quick Glance: Rising Key Fed Inflation Measure in March
- In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.
- The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.
- Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.
- Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
Cuba apologizes to Canada for delivering wrong body to grieving family: Cuba apologized to Canada on Wednesday after authorities accidentally delivered the ...
reuters.com/world/americas/cuba-apologizes-canada-delivering-wrong-body-grieving-family-2024-04-24/
Should Canadiens' Nick Suzuki play for Team Canada? | HI/O Bonus: Habs' captain, who hasn't missed a game during his five seasons in NHL, decided to take a pass ...
montrealgazette.com/sports/hockey/nhl/hockey-inside-out/should-canadiens-nick-suzuki-play-for-team-canada-hi-o-bonus
The economy grew a disappointing 1.6% in Q1. What does it mean for interest rates?
usatoday.com/story/money/2024/04/25/gdp-report-first-quarter/73437532007/
Quick Glance: NFL - Top-5 Earners per Position: Amon-Ra St. Brown Leads the Way
- The NFL showcases the top-5 earners per position based on average annual salary.
- Quarterbacks top the ranking, followed by Running Backs, Fullbacks, Wide Receivers, and Tight Ends.
- Other positions such as Offensive Tackle, Guard, Center, Defensive End, Defensive Tackle, Outside Linebacker, Inside Linebacker, Cornerback, Safety, Kicker, Punter, and Long Snapper were also listed.
- The list highlights the high salaries of the top players in the NFL for their respective positions.
Investors brace for 5% Treasury yields as US inflation worries mount: As U.S. inflation worries grow, some investors are preparing for the 10-year U.S ...
reuters.com/markets/us/investors-brace-5-treasury-yields-us-inflation-worries-mount-2024-04-26/
Big pension increase in summer - but is that it?: Pensions rose more sharply in July than previously thought. However, the increases could shrink considerably in ...
hna.de/wirtschaft/grosse-rentenerhoehung-im-sommer-zukunft-rente-inflation-inflationspraemie-rentner-kaufkraft-zr-93032410.html
Montreal-Toronto drive will (legally) get 14 minutes faster with 110 km/h speed limits on Highway 401
montrealgazette.com/news/local-news/montreal-toronto-drive-will-legally-get-14-minutes-faster-with-110-km-h-speed-limits-on-highway-401
Australians flattened by biggest tax increase in world: Bracket creep and the end of the low- and middle-income offset delivered the biggest tax hike in the ...
smh.com.au/politics/federal/australians-flattened-by-biggest-tax-increase-in-world-20240425-p5fmgf.html
Yellen says economy performing well, inflation will ebb: Treasury Secretary Janet Yellen said on Thursday that the U.S. economy "continues to perform very ...
reut.rs/3QePZz6
Canada sanctions Iran defence minister, others after missile attack on Israel: Canada is targeting Iran's defence minister as part of a new round of sanctions ...
ctvnews.ca/politics/canada-sanctions-iran-defence-minister-others-after-missile-attack-on-israel-1.6861911
Stock market today: Dow drops 375 points after weak GDP data: Stocks dropped and bond yields rose as investors digested a tough reality of slowing GDP growth and ...
markets.businessinsider.com/news/stocks/stock-market-today-gdp-1q24-inflation-economy-tech-stocks-microsoft-2024-4
Canada, U.S., U.K. lay additional sanctions on Iran over attack on Israel - National | Globalnews.ca
trib.al/1Ucx9Ax
Norad looking to NATO to help detect threats over the Arctic, chief says - National | Globalnews.ca
trib.al/0VIiG0t
Eurozone economy grows surprisingly strongly: The Purchasing Managers' Index rose by 1.1 points to 51.4, the highest level in eleven months ...
diepresse.com/18396920/wirtschaft-der-eurozone-waechst-ueberraschend-stark
Bob Cole, Voice of ‘Hockey Night in Canada’ for Nearly 50 Years, Dies at 90: He called Hockey Night in Canada games for nearly 50 years.
si.com/nhl/2024/04/24/bob-cole-voice-hockey-night-in-canada-died
Montreal Olympic Stadium fire: Quebec grants up to $40 million for cleanup, repairs
montrealgazette.com/news/local-news/montreal-olympic-stadium-fire-quebec-grants-up-to-40-million-for-cleanup-repairs
Wave of arson on vehicles continues in Longueuil parking lot: Vehicles have also been torched this week in Hochelaga-Maisonneuve, Montreal North and Île-Bizard.
montrealgazette.com/news/local-news/wave-of-arson-on-vehicles-continues-in-longueuil-parking-lot
Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship: Chanel’s chief executive officer defended the luxury brand’s pricing after it raised the cost of ...
bloomberg.com/news/articles/2024-04-25/chanel-ceo-says-price-hikes-driven-by-inflation-craftsmanship
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Taiwan 2024 GDP forecast is 3.29% | Taiwan News | Apr. 25, 2024 14:16
taiwannews.com.tw/en/news/5673279
BOJ keeps ultra-low rates, projects inflation near 2% for years: The Bank of Japan kept interest rates around zero on Friday and issued fresh estimates ...
reuters.com/markets/rates-bonds/bank-japan-may-signal-near-term-rate-hike-with-new-price-forecasts-2024-04-25/
LGBTQ+ rallies will be held across Canada next month. Here’s what to know - National | Globalnews.ca
trib.al/LOoato8
New York City’s Everlasting Scaffolding: Why the protective barriers over sidewalks stay up for so long.
nytimes.com/2024/04/24/nyregion/nyc-scaffolding.html
Montreal weather: Thursday will be sunny but not very warm: The weather will reach a high of 9 C by 5 p.m.
montrealgazette.com/news/local-news/montreal-weather-thursday-will-be-sunny-but-not-very-warm
Toula Drimonis: CAQ adds kids of asylum seekers to list of scapegoats: The language blame game must stop. If francization programs lack resources ...
montrealgazette.com/opinion/columnists/toula-drimonis-caq-adds-kids-of-asylum-seekers-to-list-of-scapegoats
As plastic treaty talks open, countries more divided than ever: Countries are under pressure to make progress on a first-ever global plastics treaty this week ...
reuters.com/business/environment/plastic-treaty-talks-open-countries-more-divided-than-ever-2024-04-23/
UK joins US, Canada in imposing sanctions on Iran’s drone, missile Industries: The UK on Thursday joined the United States and Canada in announcing a fresh set ...
english.alarabiya.net/News/middle-east/2024/04/25/uk-joins-us-canada-in-imposing-sanctions-on-iran-s-drone-missile-industries
Montreal real estate sees unseasonable surge in sales of $1M-plus homes: The dramatic rise is in sharp contrast to the first quarter of 2023 ...
montrealgazette.com/news/local-news/montreal-real-estate-sales-trends-2024
When will Mark Carney run?: Some Liberals want the former central banker to bolster Justin Trudeau’s government this summer
theglobeandmail.com/politics/opinion/article-when-will-mark-carney-run/
Paid articlePaid Canada will take bigger economic hit than U.S. if Trump wins election: report - National | Globalnews.ca
trib.al/fYbQT6P
Sainsbury’s Expects Retail Profit to Exceed £1 Billion This Year: J Sainsbury Plc expects a big jump in profit this year as the UK supermarket chain pulls in ...
bloomberg.com/news/articles/2024-04-25/sainsbury-s-expects-retail-profit-to-exceed-1-billion-this-year
Montreal tenant forced to pay his landlord’s taxes offers advice to other renters
theglobeandmail.com/real-estate/article-montreal-tenant-forced-to-pay-his-landlords-taxes-offers-advice-to/
Paid articlePaid Gas station clerk stabbed several times during violent attack at Ultramar in Montreal | Globalnews.ca
trib.al/GDKN0gS
U.S. economy grew at 1.6% annualized rate in first quarter: By comparison, GDP increased at 3.4% annual rate in the fourth quarter of 2023.
axios.com/2024/04/25/us-economy-gdp-report-q1-2024
Montreal actress calls Weinstein ruling 'discouraging' but not surprising: A Montreal actress, who has previously detailed incidents she had with disgraced ...
ctvnews.ca/entertainment/montreal-actress-calls-weinstein-ruling-discouraging-but-not-surprising-1.6862326
Quick Glance: Harvey Weinstein’s 2020 Rape Conviction Overturned
- New York's highest court overturned Harvey Weinstein's 2020 rape conviction, disappointing those who celebrated historic gains during the #MeToo era.
- The ruling was based on legal technicalities and did not exonerate Weinstein's behavior, according to #MeToo advocates.
- Weinstein, convicted in Los Angeles for another rape, will face retrial in New York, despite remaining in prison.
- The court criticized the admission of uncharged sexual acts as evidence, deeming it an abuse of judicial discretion.
Plante says Quebec needs to step up and bail out public transit agencies: Montreal's mayor is inviting Quebec's transport minister to take the métro to better ...
montrealgazette.com/news/local-news/plante-says-quebec-needs-to-step-up-and-bail-out-public-transit-agencies
Mortgage demand falls again as interest rates soar past 7%: A key measure of home-purchase application fell for the third straight week as mortgage interest ...
foxbusiness.com/economy/mortgage-demand-falls-again-interest-rates-soar-past-7
Canada charges two ex-UN employees with conspiracy to sell military gear in Libya
english.alarabiya.net/News/world/2024/04/24/canada-charges-two-ex-un-employees-with-conspiracy-to-sell-military-gear-in-libya
Ukrainian politician calls for more military aid from Canada: Chair of Ukraine’s commission on arms control says Ukraine is hoping to receive shells, missiles ...
theglobeandmail.com/world/article-ukrainian-politician-calls-for-more-military-aid-from-canada/
Paid articlePaid Canadians should expect politicians to support right to bail, Virani's office says
ctvnews.ca/politics/canadians-should-expect-politicians-to-support-right-to-bail-virani-s-office-says-1.6859681
Police investigate arson on multiple vehicles in Île-Bizard: Similar incidents were reported in Hochelaga-Maisonneuve and Montreal North earlier this week.
montrealgazette.com/news/local-news/police-investigate-arson-on-cars-in-ile-bizard
New I Bond rates won't be tantalizing but they could be decent: Inflation has cooled from a recent peak of 9.1% in June 2022. I Bond rates have pulled back, too ...
freep.com/story/money/personal-finance/susan-tompor/2024/04/24/inflation-is-hot-but-not-enough-to-drive-i-bonds-to-sky-high-returns/73414755007/
Conservatives, NDP demand Ottawa protect Canadians' jobs at new EV plants: Canadian workers are being sidelined in favour of foreign workers at the NextStar ...
montrealgazette.com/news/national/conservatives-ndp-demand-ottawa-protect-canadians-jobs-at-new-ev-plants
Hummingbird spring arrivals spark appreciation and pre-summer excitement: Whenever Nova Scotia Bird Association President Tony Millard goes on the Hummingbird ...
ctvnews.ca/climate-and-environment/hummingbird-spring-arrivals-spark-appreciation-and-pre-summer-excitement-1.6860641
Quebec's delegate to Israel should move to Tel Aviv this summer: Biron: Opposition MNAs question why this would happen in the middle of a military conflict.
montrealgazette.com/news/quebec/quebecs-delegate-to-israel-should-move-to-tel-aviv-this-summer-biron
Amanda Boulier says she's finally settling in with PWHL Montreal after trade: Also: Erin Ambrose is on fire and Caroline Ouellette is getting more involved in ...
montrealgazette.com/sports/hockey/pwhl/amanda-boulier-says-shes-finally-settling-in-with-pwhl-montreal-after-trade
Fast-food businesses hiking prices because of higher minimum wage sound like Gordon Gekko
usatoday.com/story/opinion/voices/2024/04/24/california-minimum-wage-restaurants-fast-food-raise-prices/73332922007/
Argentina's Milei revs up chainsaw and blender in fiscal deficit attack: Argentina's libertarian President Javier Milei is revving up his attack on the country's ...
reuters.com/markets/argentinas-milei-revs-up-chainsaw-blender-fiscal-deficit-attack-2024-04-23/
Stock market sell-off has 'further to go,' JPMorgan warns: JPMorgan analysts warned in a note to clients this week that the U.S. stock market sell-off has ...
foxbusiness.com/markets/stock-market-selloff-has-further-go-jpmorgan-warns
Some northwestern Alberta residents forced to flee homes due to wildfire burning near Peace River | Globalnews.ca
trib.al/XtkUW4R
3 UWI academics chosen for international programme on breast cancer research: KINGSTON, Jamaica — Three academics from The University of the West Indies (The ...
jamaicaobserver.com/2024/04/24/3-uwi-academics-chosen-international-programme-breast-cancer-research/
No more ‘bonjour-hi’? Montreal mayor calls for French only greetings | Globalnews.ca
trib.al/Gshwz9s
Fed’s Preferred Core Inflation Gauge Rose at Brisk Pace in March: The Federal Reserve’s preferred gauge of underlying US inflation rose at a brisk pace in March ...
bloomberg.com/news/articles/2024-04-26/fed-s-preferred-core-inflation-gauge-rose-at-brisk-pace-in-march
Paid articlePaid SNB’s Jordan Warns New Inflation Shocks Could Hit ‘Any Time’
bloomberg.com/news/articles/2024-04-26/snb-s-jordan-warns-new-inflation-shocks-could-hit-at-any-time
‘Persistent inflation’ will be key in Bitcoin’s run to $200K — Crypto fund manager
cointelegraph.com/news/persistent-inflation-will-be-key-in-bitcoin-s-run-to-200k-crypto-fund-manager
UK consumers feeling more confident about finances, says NatWest boss: For first time since August 2021 people expect position to be better in a year ...
theguardian.com/business/2024/apr/26/uk-consumers-feeling-more-confident-about-finances-says-natwest-boss
Lok Sabha Elections 2024: Water shortages, traffic aggravate Bengaluru as it votes
deccanherald.com/elections/india/lok-sabha-elections-2024-water-shortages-traffic-aggravate-indias-bengaluru-as-it-votes-2996106
Zimbabwe’s new ZiG Currency: How Does It Work and Can It Last?: In the latest effort to devise a credible national currency, Zimbabwe has replaced its dollar ...
bloomberg.com/news/articles/2024-04-26/zimbabwe-s-new-zig-currency-how-does-it-work-and-can-it-last
Paid articlePaid Japanese yen retreats after sudden surge: The Japanese yen slid on Friday, having briefly jumped against the dollar and other currencies ...
reuters.com/markets/currencies/yen-its-weakest-decades-boj-meets-2024-04-26/
Futures climb as Alphabet, Microsoft results lift megacaps: U.S. stock index futures advanced on Friday as megacap growth shares rebounded on the back of robust ...
reuters.com/markets/us/futures-climb-alphabet-microsoft-results-lift-megacaps-2024-04-26/
Wada has China affair reviewed: Montréal - The World Anti-Doping Agency (Wada) has appointed an independent prosecutor to investigate allegations of a cover-up ...
aerzteblatt.de/nachrichten/151006/Wada-laesst-China-Affaere-ueberpruefen
Lending and consumer data cements case for ECB rate cuts: Euro zone lending continued to stagnate in March and consumers trimmed their inflation expectations as ...
reuters.com/markets/europe/lending-consumer-data-cements-case-ecb-rate-cuts-2024-04-26/
Turkey’s Central Bank keeps interest rates unchanged in first meeting after local elections
duvarenglish.com/turkeys-central-bank-keeps-interest-rates-unchanged-in-first-meeting-after-local-elections-news-64263
Inflation Data Reinforce Powell’s Shift Toward High for Longer: Fresh inflation data released Friday cemented the message from Federal Reserve Chair Jerome ...
bloomberg.com/news/articles/2024-04-26/inflation-data-reinforce-powell-s-shift-toward-high-for-longer
Paid articlePaid Best London Nightclubs Suffer From High Property Prices, Soaring Costs: Soaring costs, safety concerns and noise complaints are strangling after-dark economies ...
bloomberg.com/news/features/2024-04-26/best-london-nightclubs-suffer-from-high-property-prices-soaring-costs
US Consumer Sentiment Falls as Inflation Expectations Climb: US consumer sentiment fell in April on dimmer views of personal finances and the economy as ...
bloomberg.com/news/articles/2024-04-26/us-consumer-sentiment-falls-as-inflation-expectations-climb
Paid articlePaid Morning Bid: Big Tech see-saw flips positive, yen swings wildly: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-26/
Explainer: Charting the Fed's economic data flow: The U.S. Federal Reserve held its benchmark overnight interest rate steady in the 5.25%-5 ...
reuters.com/markets/us/charting-feds-economic-data-flow-2024-04-05/
US Treasury Yields Fall After Fed’s Favored Inflation Gauge Meet Expectations: US Treasuries rose, sending benchmark yields down from the highest since November ...
bloomberg.com/news/articles/2024-04-26/treasury-yields-fall-after-pce-inflation-data-meet-expectations
Argentina's inflation fight makes peso world's strongest currency: Javier Milei's measures to tame Argentina's inflation have boosted the peso to the top ...
markets.businessinsider.com/news/currencies/argentina-peso-us-dollar-dollarization-recession-inflation-milei-foreign-currency-2024-4
Brazil Inflation Slows More Than Expected Before Rate Decision: Brazil’s inflation cooled more than expected, giving the central bank room to maintain its ...
bloomberg.com/news/articles/2024-04-26/brazil-inflation-slows-more-than-expected-before-rate-decision
Singapore’s private home price growth slows to 1.4% amid lower sales: In the first quarter of 2024, the total stock of unsold new homes rose to 20,204 units.
straitstimes.com/business/singapore-s-private-home-price-growth-slows-to-14-amid-lower-sales
Jamie Dimon says US has less than 50% odds of nailing a soft landing: "It looks a little bit more like the '70s to me, and I point out to a lot of people ...
businessinsider.com/jamie-dimon-soft-landing-outlook-recession-inflation-jpmorgan-geopolitics-2024-4
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