Image source: Getty Images In mid-June, the Federal Reserve raised interest rates by 0.75%. That represented its largest single rate hike in 28 years. The reason the Fed moved forward with such a large rate hike is that it's trying to slow the pace of inflation.
A year after her cancer diagnosis, Sarah DeMelo has a "whole new outlook" on life, she says.
The Bank of Japan (BOJ) must tread cautiously in raising interest rates, as some indicators of inflation expectations remain short of its 2% target, the International Monetary Fund's Japan mission chief Nada Choueiri said on Friday. Choueiri told Reuters that a weak yen had a net-positive impact on Japan's economic growth, and signaled the IMF's preference for the country to allow exchange rates to move flexibly.
Water board member said the move was needed because “we don’t have a choice.”
Short sellers have been raking it in over the last 30 days as receding bets of an early interest rate cut by the U.S. Federal Reserve triggered a selloff in the equity market. Traders have made a mark-to-market profit of more than $25 billion up to Thursday from covering their short positions, said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners, more than erasing their $14.8 billion in losses so far this year. The current weakness in the market allows them to cover a portion of those heavy losses.
Coalition of lawmakers helped legislation clear procedural hurdle to reach final votes, following opposition from rightwing Republicans
GB News is to cut 40 jobs as the opinionated broadcaster battles to stem losses.
Hedge fund manager Butler Hall Capital said on Friday it is urging Vanda Pharmaceuticals to form an independent special committee to engage with Future Pak over its takeover offer and run a full sales process. On April 17, Vanda rejected a takeover proposal from Future Pak and adopted a shareholder rights plan to reduce the likelihood of a hostile takeover. Vanda had said Future Pak, a privately held contract manufacturer and packager of pharmaceutical products, had made an offer of $7.25 to $7.75 per share in cash, which significantly undervalued the company and was not in the shareholders' best interest.
Taylor Swift's latest album has been out for less than a day - but fans and critics alike are already deep into decoding the meaning of her somewhat cryptic lyrics. The pop icon's mammoth project, The Tortured Poets Department, ended up being a secret double album, with the first part ending on a track simply titled Clara Bow. American actress Clara Bow was one of the most successful film stars of the silent era and became the original "it girl" after starring in the 1927 hit film, It.
The central question clouding Ryan Garcia's fight with Devin Haney is whether Garcia should really be put into a professional boxing match right now?
Evaluating Brock Bowers the player is a fairly straightforward assignment. As he showed in three seasons at Georgia, Bowers is a dynamic receiver with the ability to create separation, make contested catches and create big plays after the catch, along with being a more than capable blocker. Bowers is widely considered one of the top 10 players in next week's NFL draft but because he plays the lower-premium position of tight end, there is much more uncertainty about how high he will get drafted.
Israeli prime minister’s main concern is his political survival but a multi-front war is still a strong possibility
While rentals were down slightly because of repairs done, there is strong community interest in the hall, the yearly report from the Maxwell Hall board said. With the bowling league, senior group and rentals, there were about 222 days with usage said the report, received by council on April 3. Maxwell hall under its Memorandum of Understanding with the municipality sets its own rates, Coun. Nadia Dubyk noted, so they are different than the other standard rates. The revenue stays with the Maxwel
Unionized RCMP officers are set to get a raise.An arbitration decision this week awards an eight per cent increase over two years. The decision awards a four per cent increase retroactive to April 1, 2023, and another four per cent as of April 1 this year. The increase will affect about 20,000 RCMP members across the country from constable to staff sergeant major represented by the National Police Federation.Martin Potvin, a spokesperson for the Treasury Board of Canada Secretariat, said in an e
Midas, a fintech startup that allows people in Turkey to invest in U.S. and Turkish equities, says it has raised $45 million in a funding round led by Portage Ventures of Canada. The startup is aimed at Turkey’s retail investor market and claims to have more than 2 million users.
The University of Iowa college basketball star Caitlin Clark entered the WNBA draft and was picked up as the number one overall pick by the Indiana Fever. Clark led the Iowa Hawkeyes through the March Madness tournament all the way to the finals, ultimately losing to South Carolina. Clark's rookie contract of $338,056 over the next four years further illustrates the monumental pay disparities between men's and women's professional sports. Yahoo Finance's Seana Smith joins Wealth! to compare Clark's rookie compensation package with that of her male counterparts, including the number one NBA draft pick Victor Wembanyama who will be paid a whopping $12 million for his first year in the league. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Luke Carberry Mogan.
Oil prices (BZ=F, CL=F) are on the move on Friday after Israel launched a retaliatory strike against Iran. In addition, national gas prices have begun to move higher with northeastern states potentially feeling more pain at the pump due to late adaptation of summer-blend gas. Yahoo Finance Reporter Ines Ferré joins Wealth! to break down the price movements in oil and what consumers can expect moving forward. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino
Two world-renowned Vegas magicians; Sean Watson and Chanelle Munroe recently gave Thompson a glimpse of their illusionist performance. They held a teaser show for the community's council and leaders to excite their taste for more on a much bigger scale. With just a few tricks pulled out of the hat, their showmanship made us all scratch our heads, giving the highest quality of stage presence and sleight of hand. Anticipation has been building up the last few weeks as Sean and Chanelle plan to do
Grey Highlands council received review of its new waste cart system, looks at year-end financials and chooses a representative for the Rotary Park committee. EUGENIA & DISTRICT CIA The minutes for Eugenia and District Community Improvement Association came to council. These noted that weather interfered with skating this winter, although the rink was used for a few weeks. The date for the Gold Rush celebration is Saturday, June 22. Plans are to have a scaled-down event due to less money being av
The University College of the North (UCN) has entered into a partnership with Georgian College in Barrie, Ontario, to bring interactive teaching tools to UCN's Centre for Aboriginal Languages and Culture. The initiative dubbed the "XR Project," aims to provide context-based language learning for Indigenous and non-Indigenous people in Northern Manitoba. The "XR" in "XR Project" stands for virtual, hybrid, and augmented reality technology, which will enable UCN to leverage the latest teaching too
Polen Capital, an investment management company, released its “Polen Global Growth Strategy” first-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund increased 8.10% gross and 7.81% net, respectively, trailing the MSCI ACW Index’s 8.20% return. The market dynamics that were in place at the end […]
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