The Millionacres takeaway: A new report from the Cleveland Fed documents the macro trends and then slices and dices where it’s happening and how. U.S. homebuilding rebounded less than expected in May as very expensive lumber and shortages of other materials continued to constrain builders’ ability to take advantage of an acute shortage of houses on the market, Reuters reports.
The IIF banking trade group said flows were positive for both bonds and equities last month, with equities absorbing $10.2 billion and debt $22.5 billion. The data showed it was the first time since September 2021 that China and ex China, bonds and equities, posted simultaneous monthly inflows. China stocks took in $1.7 billion and bonds $2.1 billion.
Who loves Zendaya? Show of hands? Well if you do, and Amazon MGM Studios is betting that plenty of 18-24 olds do, you can watch the Euphoria Emmy winner in Imax in Amazon MGM Studio’s Challengers this weekend, then sit around and watch her again in Legendary/Warner Bros’ Dune: Part Two. The R-rated menage a …
A blaze fanned by strong winds prompted the evacuation of a naval base on the Greek island of Crete on April 23, local media reported.Footage by Crete-based Zarpanews.gr shows firefighters battling the flames in the area of a naval base in Souda Bay.Flashnews.gr reported the fire broke out at around 8 am east of the base and “quickly spread to the west due to the very strong winds blowing in the area.”All personnel-related facilities of the naval station were ordered to be evacuated, including the hospital and school, eKathimerini reported.The fire was brought under control within hours, the outlet said. Credit: Zarpanews.gr via Storyful
PHILADELPHIA (AP) — Goaltender Ivan Fedotov signed a two-year, $6.5 million contract with the Flyers on Tuesday, landing a short-term commitment in the NHL less than a month after joining the team and nine years after his complicated and secretive journey to Philadelphia began. Fedotov made his long-awaited Flyers debut earlier this month after being selected in the seventh round of the 2015 draft. He was able to join the team after CSKA Moscow terminated his contract in Russia’s KHL. The 27-yea
Deep NHL playoff runs Jason Demers went on during his playing career usually ended the same way. “The injuries just accumulated too much,” he said. “And then you’re just not playing at 100%.” That attrition is already showing early in the first round this spring at Demers' old position, as defences have been depleted by existing and new injuries, from Tampa Bay’s Mikhail Sergachev and Colorado’s Samuel Girard being out long term to Carolina’s Brett Pesce going down Monday night and Washington be
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (22,011.72, up 139.76 points): Enbridge Inc. (TSX:ENB). Energy. Down two cents, or 0.04 per cent, to $48.41 on 13.4 million shares. Barrick Gold Corp. (TSX:ABX). Mining. Up 29 cents, or 1.29 per cent, to $22.80 on 8.3 million shares. TC Energy Corp. (TSX:TRP). Energy. Up two cents, or 0.04 per cent, to $49.21 on 7.7 million shares. Ivanhoe Mines Ltd. (TSX:IVN). Mining. Down 89 cents,
TORONTO — Canada's main stock index rose nearly 140 points Tuesday, led by strength in technology stocks, while U.S. stock markets also climbed. The rally was led by technology stocks, with the Nasdaq rising 1.6 per cent. That’s likely in anticipation of earnings reports around the corner from some of the biggest tech names, said Brianne Gardner, senior wealth manager of Velocity Investment Partners at Raymond James Ltd. All eyes will be on companies like Meta, Microsoft and Alphabet as they rep
Former Drexel forward Amari Williams was officially announced as a transfer portal addition by Kentucky on Tuesday.
Black, Asian and Hispanic NYC government workers continue to be paid less than their white colleagues, a disparity driven by a persistent pattern of low wages for women of color in the municipal ranks, according to a new study release by the City Council on Tuesday. The study reflects salary levels across all municipal positions as of 2021, the latest period for which data is available. As of ...
The rally attempt gained steam Tuesday, but big tests loom. Tesla leapt as it signaled a cheap EV is on track. Elon Musk is on deck.
Chile is expected to produce a record 5.8 million metric tons of copper in 2025, the state-run Chilean Copper Commission (Cochilco) said on Tuesday. The forecasts for this year and next are above the yearly average seen over the last decade and signal the beginning of a "recovery cycle" for Chilean copper mines, Cochilco's Executive Vice President Joaquin Morales said in the statement. Chile controls nearly a quarter of the global copper market, but production has suffered in the past two years with output from state-owned mining giant Codelco falling to its lowest level in a quarter century amid project delays.
TORONTO — With a Professional Women's Hockey League playoff spot secured, Toronto remains focused on improvement over its final three regular-season games. Toronto returned from the international break with a loss against Boston on Thursday and a win against Montreal at Bell Centre on Saturday that clinched its post-season berth. Tuesday was the first time most of the team got to practice together, with some players having rest and recovery days following the women's world championship. "It's no
Donald Trump’s lawyer was accused of “losing all credibility” in a bruising exchange with the judge overseeing the former president’s hush-money trial.
Tesla is speeding up plans for a range of cheaper cars as Elon Musk’s electric vehicle maker attempts to take on a wave of cut-price Chinese manufacturers.
A secret report lays bare sexual harassment and bullying in marine unit; Mike Burgess to say rights are ‘not absolute’ in fight against extremism
Anthony Johnson’s family said he noticed a schizophrenic episode starting Friday. He tried to get help but was turned away. He was arrested that day and died in the Tarrant County Jail on Sunday.
U.S. stocks closed higher on Tuesday following positive earnings from top-tier companies and as investors were focused on quarterly results from Magnificent Seven and other megacap growth stocks. Tesla kicked off the earnings cycle for technology heavyweights after markets closed on Tuesday, announcing the launch of new electric vehicle models and quarterly revenue that missed analyst estimates. Markets were also buoyed by upbeat earnings from companies such as General Motors, which closed up 4.4% after the automaker's better-than-expected quarterly results.
Sometimes wind and solar power produce more electricity than the local grid can handle. Better energy storage and transmission could move extra energy to where it’s needed instead of shutting it off.
The Duke of Sussex once "jumped the fence" to sneak into Glastonbury Festival, the festival’s founder Sir Michael Eavis has claimed.
After becoming the first black man to become a series regular on a sitcom in the 1950s, ‘Battlestar Galactica’ actor Terry Carter has died aged 95.
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