Economy
US Tech Windfall Redirects AI Investment to Asian Component Firms
Billions from SpaceX, OpenAI, and Anthropic are set to drive new tech spending, shifting investor focus to Asian electronic component makers and...
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Stocks
Wall Street Rises on Easing Middle East Tensions, Softer Inflation, Strong Earnings
Wall Street closed higher this week, buoyed by easing Middle East tensions following President Trump's announcement, softer inflation data, and robust corporate...
Economy
Trump Administration Moves to Block Broad Tariff Refunds
The Trump administration plans to appeal a federal judge's order that would allow all importers who paid struck-down tariffs to seek refunds,...
Markets
Precious Metals Defy Headwinds, Price Floors Hold Firm
Gold, silver, and platinum group metals demonstrated resilience this week, maintaining crucial price floors despite hawkish rate signals, surging yields, and geopolitical...
Markets
Abel’s Strategic Bets: Oxychem, Tokio Marine, Alphabet Drive Berkshire Growth
Berkshire Hathaway CEO Greg Abel deployed tens of billions last quarter across three major investments—Oxychem, Tokio Marine, and Alphabet—all yielding exceptional early...
Stocks
Zweig, Bernstein Honor Jonathan Clements’ Impact on Financial Journalism
Financial experts Jason Zweig and William Bernstein discuss Jonathan Clements' final book, "Money and Me," and his profound influence on personal finance...
Economy
Norway’s Oil Grip Tightens Amid Global Crises
Geopolitical instability and soaring energy prices are reinforcing Norway's reliance on oil and gas, undermining long-standing efforts to diversify its economy.
Stocks
Boeing Secures $528.3M Multi-Branch Military Support Contract
Boeing (BA) announced a $528.3M contract modification for performance-based support, benefiting the U.S. Air Force, Army, and Navy.
Finance
U.S. Uninsured Rate Holds at 8% for 2025, Future Growth Projected
New data from the CDC reveals the U.S. uninsured rate stabilized at 8% in 2025, but significant policy shifts are poised to...
Markets
Gold Price Firm at $4,500 as US-Iran Talks Advance, US Data Softens
Gold maintained its position above $4,500 an ounce, driven by investor optimism surrounding a potential US-Iran peace deal and recent softer US...
Stocks
Costco Fuel Sales Hit Records as Bargain Hunters Fill Tanks
Costco reported record gas sales for the quarter ending May 10, driven by price-sensitive consumers seeking value amidst rising fuel costs. This...
Stocks
Defence Spending Shift Puts Kraken, Calian TSX Stocks in Analyst Spotlight
Analysts are highlighting Kraken Robotics and Calian Group as key TSX stocks poised to benefit from increased defence spending, following Mark Carney's...