News on this topic
NDP to call for grocery profit probe amid allegations of 'corporate greed': NDP members have been trying to pin rising food costs on grocery chain CEOs ...
financialpost.com/news/retail-marketing/greedflation-new-democrats-put-inflation-blame-on-grocery-chain-bosses
Paid articlePaid
More articles on this subject
Previous
NDP to call for grocery profit probe amid allegations of 'corporate greed': NDP members have been trying to pin rising food costs on grocery chain CEOs ...
financialpost.com/news/retail-marketing/greedflation-new-democrats-put-inflation-blame-on-grocery-chain-bosses
Paid articlePaid
TSX adds to weekly gain as investors favor inflation hedges: Canada's resource-heavy main stock index rose on Friday, adding to its weekly gain ...
reuters.com/markets/tsx-futures-rise-commodity-prices-jump-2024-04-26/
Quick Glance: TSX rise and investor preference for inflation protection
- Canada's primary stock index saw an increase on Friday, expanding its weekly gains, driven by the indication of ongoing inflation in the US, which heightened interest in commodity-related stocks.
- The Toronto Stock Exchange's S&P/TSX composite index rose by 83.86 points or 0.4% to 21,969.24.
- The materials and energy sectors, comprising approximately one-third of the Toronto market's weightage, experienced gains, fueled by companies like First Quantum Minerals Ltd and the surge in oil prices.
- The financial sector, the most heavily weighted sector on the TSX, closed 0.4% higher, while companies such as TFI International Inc incurred losses following their quarterly results falling short of expectations.
Asia stocks, yen tentative with eyes on BOJ decision: Asian shares rose cautiously on Friday as markets sobered up to the idea that U.S. rate cuts were most ...
reuters.com/markets/global-markets-wrapup-1-2024-04-26/
If I Had To Retire With Only 5 Stocks, It Would Be These: Buffett once encouraged investors to only make a few high-quality investment decisions ...
seekingalpha.com/article/4686001-if-had-to-retire-with-5-stocks
Paid articlePaid
Bank of Canada officials split on when to start cutting interest rates: Members of the Bank of Canada's governing council were split on how long the central bank ...
ctvnews.ca/business/bank-of-canada-officials-split-on-when-to-start-cutting-interest-rates-1.6860326
Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say: Senior Bank of Canada officials were divided on how soon the central bank could ...
wsj.com/articles/bank-of-canada-officials-split-on-how-soon-rate-cuts-could-start-minutes-say-b3d33899
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
Cenovus subsidiary fined $1.83 mln for 2018 Canada oil spill: A Canadian regulator said on Friday a Cenovus Energy subsidiary has been fined C$2.5 million ($1 ...
reuters.com/markets/commodities/cenovus-subsidiary-fined-183-mln-2018-canada-oil-spill-2024-04-26/
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 articlePaid
Quick 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.
Less-Watched Jobs Indicator Points to Deep Cracks in Canada’s Labor Market: Canada’s job market is less robust than the country’s most closely watched employment ...
bloomberg.com/news/articles/2024-04-25/less-watched-jobs-indicator-points-to-deep-cracks-in-canada-s-labor-market
Ford just reported a massive loss on every electric vehicle it sold: Ford’s electric vehicle unit reported that losses soared in the first quarter to US $1 ...
ctvnews.ca/autos/ford-just-reported-a-massive-loss-on-every-electric-vehicle-it-sold-1.6861922
FACTBOX Top deals in the global mining sector (April 25): BHP Group has bid $38.8 billion for smaller rival Anglo American , offering a deal to forge the world's ...
reuters.com/markets/deals/top-deals-global-mining-sector-2024-04-25/
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/
Bob Cole, legendary hockey announcer, dead at 90 - National | Globalnews.ca: Bob Cole was the play-by-play voice of countless NHL games.
trib.al/IVfpHkY
Aw, rats: Chicago’s beloved ‘Rat Hole’ removed from sidewalk - National | Globalnews.ca
trib.al/AR439EF
First cargo ship passes through newly opened channel in Baltimore: The first cargo ship passed through a newly opened deep-water channel in Baltimore after being ...
apnews.com/article/key-bridge-collapse-channel-opened-ship-dali-e8694bd668589ad82e37b88b9ed84246
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
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.
Remains from a mother-daughter cold case were found nearly 24 years later, after a deathbed confession from the suspect
ctvnews.ca/world/remains-from-a-mother-daughter-cold-case-were-found-nearly-24-years-later-after-a-deathbed-confession-from-the-suspect-1.6861360
Trilateral labor panel rules in favor of Mexico in mine case: A labor panel under the trilateral trade agreement between the U.S., Mexico and Canada ruled in ...
reuters.com/sustainability/trilateral-labor-panel-rules-favor-mexico-mine-case-2024-04-26/
'We can’t wait': Timelapse video shows New York cricket stadium inching closer to completion
usatoday.com/story/sports/2024/04/25/nassau-county-cricket-stadium-2024-t20-world-cup/73456907007/
Loved ones await recovery of 2 bodies from Baltimore bridge wreckage a month after the collapse
theglobeandmail.com/world/article-loved-ones-await-recovery-of-2-bodies-from-baltimore-bridge-wreckage-a/
‘Super lice’ are becoming more resistant to chemical shampoos. What to use instead - National | Globalnews.ca
trib.al/IzNWdlr
Over 100 pilot whales beached on western Australian coast have been rescued, officials say
ctvnews.ca/climate-and-environment/over-100-pilot-whales-beached-on-western-australian-coast-have-been-rescued-officials-say-1.6861497
See images of the Pink Moon spotted across the US: While the moon doesn't look particularly pink, it's named after pink flowers called wild ground ...
bbc.co.uk/news/av/world-us-canada-68860069
Olive oil is getting harder to find and costing as much as 70 per cent more. Here’s why
smh.com.au/business/companies/olive-oil-is-getting-harder-to-find-and-costing-as-much-as-70-per-cent-more-here-s-why-20240419-p5fl8g.html
T. Rex an intelligent tool-user and culture-builder? Not so fast, says new U of A research | Globalnews.ca
trib.al/Xc9aNK6
Trudeau calls on institutions to learn from Air Canada mishandling of First Nations headdress
theglobeandmail.com/politics/article-trudeau-calls-on-institutions-to-learn-from-air-canada-mishandling-of/
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/
Invasive strep: ‘Don’t wait’ to seek care, N.S. woman warns on long road to recovery | Globalnews.ca
trib.al/CXPa2u5
Big pension increase in the summer but was that it?: Pensions will rise more sharply in July than previously thought. But the increases could shrink ...
hna.de/wirtschaft/grosse-rentenerhoehung-im-sommer-zukunft-rente-inflation-inflationspraemie-rentner-kaufkraft-zr-93032410.html
What's behind the unstoppable American consumer: The drivers of such robust spending — and how long they can last — are key to what's ahead for the ...
axios.com/2024/04/26/american-consumer-spending-resilience-economy
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
Venice introduces first payment charge for tourists: The Italian city became the first in the world on April 25 to introduce a payment system for tourists in an ...
theglobeandmail.com/world/video-venice-introduces-first-payment-charge-for-tourists/
Canada to donate $3M to Ukraine drone production, buy more ammunition - National | Globalnews.ca
trib.al/xbrvg24
Monthly earnings rise, payroll employment falls: jobs report: The number of vacant jobs in Canada increased in February, while monthly payroll employment ...
ctvnews.ca/business/monthly-earnings-rise-payroll-employment-falls-jobs-report-1.6861362
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
Multiple crew members injured on set of Eddie Murphy movie ‘The Pickup’ - National | Globalnews.ca
trib.al/27ketpj
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
TTC says no subway service between Kipling and Jane Stations after fire: The transit agency said to expect delays on Friday at Kipling, Islington, Royal York ...
thestar.com/news/gta/ttc-says-no-subway-service-between-kipling-and-jane-stations-after-fire/article_1b078238-037f-11ef-a5ac-a3d00fbf3a64.html
Paid articlePaid
Canada: The shock came when I looked into the coffin: A family in Canada is looking for their father who died while on vacation. Because there was another man in ...
t-online.de/nachrichten/panorama/id_100394046/kanada-beim-blick-in-den-sarg-kam-der-schock.html
This director made an indie ‘Joker’ movie so audacious that TIFF cancelled its screenings. Here’s how Vera Drew upended the superhero genre — and made queer ...
thestar.com/entertainment/movies/this-director-made-an-indie-joker-movie-so-audacious-that-tiff-cancelled-its-screenings-here/article_8a104cfa-0186-11ef-9497-474e53f2918b.html
Paid articlePaid
China launches 3-member crew to its space station as it seeks to put astronauts on the moon by 2030
ctvnews.ca/sci-tech/china-launches-3-member-crew-to-its-space-station-as-it-seeks-to-put-astronauts-on-the-moon-by-2030-1.6861538
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
TikTok vows to sue over potential U.S. ban. What’s the legal outlook? - National | Globalnews.ca
trib.al/0bfwjuV
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
This Agatha Christie classic at the Shaw Festival doesn’t take itself too seriously — and that’s a good thing
thestar.com/entertainment/stage/this-agatha-christie-classic-at-the-shaw-festival-doesnt-take-itself-too-seriously-and-thats/article_ebe2d978-03fe-11ef-81a0-834576b70032.html
Paid articlePaid
Single offer for New Westminster condo meets asking price: Quick sale for New Westminster unit priced at market value
theglobeandmail.com/real-estate/vancouver/article-single-offer-for-new-westminster-condo-meets-asking-price/
‘I feel great’: Nova Scotia man wins $1.5M after buying $200 in lottery tickets | Globalnews.ca
trib.al/YMHWp7n
Norad looking to NATO to help detect threats over the Arctic, chief says - National | Globalnews.ca
trib.al/0VIiG0t
Canadian food banks are on the brink: ‘This is not a sustainable situation’ | Globalnews.ca
trib.al/58yVo2J
Cuba apologizes to Canada for delivering wrong body to grieving family: Cuba apologized to Canada on Wednesday after authorities accidentally delivered the ...
english.alarabiya.net/News/world/2024/04/25/cuba-apologizes-to-canada-for-delivering-wrong-body-to-grieving-family
‘Luxe Listings Toronto’: Go behind the scenes to gawk at luxury homes | Globalnews.ca
trib.al/75rZglA
‘He didn’t need to pick sides’: Behind closed doors, kaffiyeh ban exposes divisions in Doug Ford’s Tory caucus
thestar.com/politics/provincial/he-didnt-need-to-pick-sides-behind-closed-doors-kaffiyeh-ban-exposes-divisions-in-doug/article_0a62f51e-025a-11ef-8092-ef2529d489e4.html
Paid articlePaid
Canada allocates millions for drone production, ammunition to support Ukraine: The federal government is earmarking $3 million for production of drones in ...
ctvnews.ca/politics/canada-allocates-millions-for-drone-production-ammunition-to-support-ukraine-1.6863344
14-year-olds accused in Halifax homicide appear in court, bail hearing set | Globalnews.ca
trib.al/pQhARXW
8.7M Canadians reported food insecurity in 2022 as median incomes fell - National | Globalnews.ca
trib.al/Yf4YoIO
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
Paid articlePaid
S&P/TSX composite down, U.S. markets mixed ahead of tech earnings and economic data | Globalnews.ca
trib.al/U3bnDv7
S&P/TSX composite ekes out gain, U.S. stock markets fall | Globalnews.ca: Canada's main stock index eked out a gain Thursday thanks to energy and base metals ...
trib.al/h6fBFJ1
Taiwan 2024 GDP forecast is 3.29% | Taiwan News | Apr. 25, 2024 14:16
taiwannews.com.tw/en/news/5673279
Motorcyclist seriously injured in Etobicoke collision: Toronto paramedics transported a man in his 40s to hospital with non-life-threatening injuries.
thestar.com/news/gta/motorcyclist-seriously-injured-in-etobicoke-collision/article_d59c4650-0231-11ef-85d7-d3d0db35d5b4.html
Paid articlePaid
Smile, Bob’s just here to kill you: bureaucratic euthanasia is part of the fun in Caitlin Cronenberg’s darkly amusing ‘Humane’
thestar.com/entertainment/movies/smile-bob-s-just-here-to-kill-you-bureaucratic-euthanasia-is-part-of-the-fun/article_e17ea708-0275-11ef-b458-7bb7c292d6f5.html
Paid articlePaid
Ottawa injects another $36.4-million into vaccine injury compensation fund: To date, a private firm called OXARO has received $56.2 million from Ottawa to run ...
theglobeandmail.com/canada/article-ottawa-injects-another-364-million-into-vaccine-injury-compensation/
Posters promoting ‘Steal From Loblaws Day’ are circulating. How did we get here?: Posters are inviting people to rob grocery chains owned by Loblaw ...
trib.al/P5MrqTZ
Shinan Govani: How a Toronto comedian found a viral audience impersonating the Barefoot Contessa, Ina Garten
thestar.com/entertainment/how-a-toronto-comedian-found-a-viral-audience-impersonating-the-barefoot-contessa-ina-garten/article_c6eeb85a-01b8-11ef-ad4d-8f71a7aa89b4.html
Paid articlePaid
Punjabi Canadian resident’s video sparks laughter and sympathy: From grappling with the intricacies of Canadian winters to navigating cultural differences ...
indianexpress.com/article/trending/trending-globally/punjabi-canadian-residents-video-sparks-laughter-sympathy-9290450/
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/
Trans youth deserve better: Young Canadians questioning their gender identity are owed a careful review of best practices. Politicians and activists are both ...
theglobeandmail.com/opinion/article-canada-gender-identity-politics/
Paid articlePaid
CFL suspends Shawn Lemon indefinitely for gambling : The CFL has suspended veteran defensive lineman Shawn Lemon indefinitely for betting on league games.
ctvnews.ca/sports/cfl-suspends-shawn-lemon-indefinitely-for-gambling-1.6860198
Bill would give Alberta power to fire municipal councillors, nix bylaws, allow political parties | Globalnews.ca
trib.al/1dIxfv7
LGBTQ+ rallies will be held across Canada next month. Here’s what to know - National | Globalnews.ca
trib.al/LOoato8
The US economy is cooling off. Why experts say there's no need to worry yet: The economy slowed dramatically to start 2024.
abcnews.go.com/Business/us-economy-cooling-off-experts-worry/story
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
Billions of bottles: Canadian statistics paint grim picture of plastic litter problem
ctvnews.ca/climate-and-environment/billions-of-bottles-canadian-statistics-paint-grim-picture-of-plastic-litter-problem-1.6862167
This $5-million sixplex can be bought empty, thanks to a loophole that’s let the units be rented on Airbnb. That loophole could change soon
thestar.com/real-estate/this-5-million-sixplex-can-be-bought-empty-thanks-to-a-loophole-thats-let-the/article_c2eb4e1e-fced-11ee-af56-f374f6b3192b.html
Paid articlePaid
Singh mulls TikTok return as U.S. nears potential ban over security fears - National | Globalnews.ca
trib.al/ASrTY4l
Vaccine injury compensation fund gets additional $36M from feds - National | Globalnews.ca
trib.al/jG4quVM
Indigenous delegates say they are being left out of key talks on global plastic pollution treaty
theglobeandmail.com/politics/article-indigenous-delegates-say-they-are-being-left-out-of-key-talks-on/
Paid articlePaid
Josef Newgarden's win in IndyCar's season-opening race has been disqualified. O'Ward named winner
ctvnews.ca/sports/josef-newgarden-s-win-in-indycar-s-season-opening-race-has-been-disqualified-o-ward-named-winner-1.6859997
Quick Glance: Penske's Newgarden Loses Victory in St. Pete IndyCar Race Due to Violation
- Josef Newgarden has been stripped of his victory in last month's IndyCar season-opener at St. Petersburg after violations were discovered.
- The drivers were disqualified from the results for the unauthorized use of Push-to-Pass on restarts.
- Arrow McLaren's Pato O'Ward was declared the winner, while Will Power moved up to second and Colton Herta to third.
- Team Penske accepts the penalties and acknowledges that the failure to remove the Push-to-Pass software led to the violations.
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
U.S. airlines will be required to give automatic refunds for disrupted flights - National | Globalnews.ca
trib.al/2H7XIHl
Next
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics