Canada’s housing affordability: new report lowers expectations
A recent government report from the Canada Mortgage & Housing Corp. (CMHC) indicates that even a doubling of homebuilding activity…
China’s rare earth magnet exports tumble amid new restrictions and classification chaos
Citing export curbs, China’s overseas shipments of rare earth magnets plummeted in May, falling to their lowest levels in over…
Can Iran’s economy sustain its war efforts?
Iran’s economy is barely holding together. In fact, it was collapsing before the war even began. As missile strikes with…
EU, US race to seal trade deal as July 9 deadline looms
As the July 9 deadline looms, the European Union (EU) and the United States (US) are intensifying efforts to finalize…
Emerging markets see renewed investor interest amid weakening dollar
As the US dollar continues its downward trajectory in 2025, emerging markets are experiencing a significant resurgence in investor interest.…
GMS stock jumps 29% on takeover interest from Home Depot, QXO, analysts raise PTs
Shares of GMS Inc. soared on Friday as the building-products distributor became the centre of a potential bidding war between…
Japan’s rice price surge: what’s driving it and why it could spark a political crisis
Japan’s rice prices are facing their most severe shock in more than half a century, with costs more than doubling…
Palantir co-founder: US must prevent Iranian nukes
Palantir co-founder and renowned defense investor Joe Lonsdale weighed in on escalating tensions between Israel and Iran in a CNBC…
BofA raises STOXX 600 target amid resilient global growth, warns on Mideast risks
Bank of America Global Research boosted its year-end projection for the STOXX 600 index to 530 from 500 on Friday,…
Fed governor Waller advocates for July rate cut amid tariff, labor market outlook
On Friday, Federal Reserve Governor Christopher Waller indicated that he anticipates tariffs will not substantially increase inflation. Therefore, he believes…