The Nasdaq Composite had given up about 1.3% as of this writing. Shares of the digital bank SoFi (NASDAQ: SOFI) also traded more than 6% lower, while shares of the artificial intelligence lender Upstart (NASDAQ: UPST) were down 6.6%. Investors are also trying to determine what kind of recession may be coming in the U.S. later this year or in 2023.
The Fed chair this week doused any hope homebuyers still had that mortgage rates would soften anytime soon.
Wall Street strategists are becoming less confident in small cap stocks as Fed rate cut hopes diminish.
There’s a growing movement to reimagine old clothes and shoes into upcycled fashion finds Victoria Moss
The 13th album from the Manchester pioneers blends familiarity with no shortage of new ideas, spanning introspection to jubilance
There are a host of psychological, physical and social components that seem to make those around 30+ gravitate towards this huge running goal.
Owen Kline’s coming-of-age tale is very funny and endlessly excruciating, and Al Pacino plays the music producer on trial for murder with relish
The Tortured Poets Department is rumoured to be about Joe Alwyn. So does he have anything to worry about?
TORONTO — As Canada’s biggest bookstore-turned-gift-giver’s-paradise edges toward privatization, it's evident from a stroll around one of its Toronto stores that the retailer knows some things haven’t been working. Epsom salts and body lotions that previously lined Indigo Books & Music Inc.’s wellness area at the Eaton Centre have been replaced by shelves of books and tchotchkes like cat- and corgi-shaped book lights, magnifying glasses and lap desks. In the children’s section, a red velvet curt
The Australian actress has cancelled her Australian book tour to promote her tell-all memoir, Rebel Rising, due to delays in the book's publication. Rebel was scheduled to host an event in Brisbane on 12 May and in Melbourne on 14 May. On Thursday, the actress took to her Instagram Stories to give an update on when her memoir will be released in the U.K. and Australia. "I'm really excited for U.K. and Australian readers to finally get to read REBEL RISING! New U.K. publishing date is 25 Apr and in Aus its 8 May."
If you've felt like municipal finances were a bit hard to follow, it's not just you: According to a new report from an independent think tank, the City of Windsor gets a "F" grade on financial and fiscal transparency.But the City of Windsor's treasurer says she takes issue with the failing score and the way it was determined. The report from the C.D. Howe Institute, released Thursday, looks at the financial transparency of 32 major Canadian municipalities. Windsor, along with Hamilton, Ont. and
The federal government's budget proposal to increase the inclusion rate for the capital gains tax for people whose profits go past a certain threshold has drawn mixed reactions from experts, entrepreneurs and taxpayers.One asset affected by these changes is real estate, including cottages and investment homes.The change proposed in the Trudeau government's new budget would raise the inclusion rate to 67 per cent on capital gains above $250,000 for individuals.So for the first $250,000 in capital
Immigration Minister Marc Miller confirmed to Radio-Canada that the federal government will be using its penitentiaries to hold some foreign nationals for immigration purposes.He said those detainees will be separated from the prison population, but that both groups could be sharing services."It would be separate housing and it would not be in the general population, because they are not criminals," Miller said, following Radio-Canada's story on the government's proposal buried at the bottom of
Kevin Gosselin is one of the residents of 178 Nepean who says he won't leave despite being asked to do so by the building's owner, which wants to redevelop the area with a roughly nine-storey residential tower with retail space on the ground floor. The project has not been approved by city councillors. (Guy Quenneville/CBC)A proposed redevelopment of a downtown Ottawa block is sparking a debate over the merits of intensification, with tenants feeling pushed to the side and the owner saying the p
Fishing charter captain Jon Bondy says he sometimes has to get up at 3 a.m. to get a good parking spot at the LaSalle Landing park on LaSalle's waterfront if he wants to launch his boat there.He says the municipality does not have enough parking spots to accommodate all the hundreds of walleye anglers who descend on the area this time of year."If you go to Sandusky, Ohio, you go to Michigan and you look at their facilities, they're booming. There's plenty of parking and this county has done an e
Cruise boat operators in Kingston, Ont., say they're desperately seeking a way to free vessels marooned on the wrong side of the LaSalle Causeway as the damaged bridge remains closed and the beginning of the busy marine season nears.With time running out, the companies have proposed solutions including opening up another section of the span or hoisting their ships over it.The unexpected and total shutdown of the causeway has left the Canadian Empress, Island Belle and Island Star all high and dr
STORY: Iranian media reported explosions, but an Iranian official told Reuters those were caused by air defense systems. State media said three drones over the central city of Isfahan had been shot down.“That seems to indicate that Iran is seeking to step down off the ledge, minimize the impact of the attack, and perhaps walk back down the escalation ladder from here,” analyst Jonathan Lord, the senior fellow and director of the Middle East security program at U.S. think tank, the Center for a New American Security, told Reuters on Friday.Israel's leadership and the military were silent early on Friday, but Israel's hard right Security Minister Itamar Ben-Gvir issued the one word posting "Feeble!" on social media platform X.The United States received notification before Israel's attack, a source familiar with the situation told Reuters, which came days after Iran launched an unprecedented strike on Israel with a barrage of drones and missiles. Most of those were shot down. The latest surge in violence was sparked by an air strike on the Iranian embassy compound in Damascus on April 1 that was blamed on Israel.
Betting shop revenue was down 7%, while UK online sports revenue dipped by 1%
Schneider Electric is in talks with U.S. engineering software producer Bentley Systems over a potential "strategic transaction", it said on Friday without elaborating, sending the French company's shares down 2%. Reuters reported on Thursday that Bentley Systems, which has a market value of nearly $16 billion, was exploring options including a sale after attracting acquisition interest. Schneider, which specialises in equipment to manage energy supply to homes, industry and data centres, has sought to grow its software business through acquisitions in recent years.
A couple renovating the kitchen of a 17th century cottage found a £35,000 coin hoard hidden under the floor.
The former president has “already had not only one but two bites of the apple," said Andrew Weissmann.
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