Very warm on Monday, then 30s by mid-week

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Denver7 Stacey Donaldson has your latest forecast for 1/16

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  • C$ trims weekly gain as U.S. inflation remains sticky

    The Canadian dollar edged lower against its U.S. counterpart on Friday as U.S. inflation data suggested the Federal Reserve could turn more hawkish compared to the Bank of Canada and some other major peers, but the currency still notched a weekly gain. The loonie was trading 0.1% lower at 1.3665 to the U.S. dollar, or 73.18 U.S. cents, with the currency pulling back after it touched its strongest level since April 10 at 1.3633. "It is getting harder for the Fed not to sound hawkish given the inflation data surprises since January," strategists at TD Securities, including Jayati Bharadwaj, said in a note.

  • UPDATE 1-US Labor Department corrects productivity data from 2019 through 2023

    The U.S. Labor Department on Friday corrected productivity data from 2019 through 2023 after a computation error in off-the-clock hours worked ratios biased downward the labor hours levels underlying the productivity and costs data published last month. Worker productivity increased at a 3.3% annualized rate in the fourth quarter, corrected from the previously reported 3.2% pace. Rising worker productivity is helping to contain labor costs for businesses, which ultimately could lead to lower inflation over time.

  • CANADA FX DEBT-C$ trims weekly gain as U.S. inflation remains sticky

    The Canadian dollar edged lower against its U.S. counterpart on Friday as U.S. inflation data suggested the Federal Reserve could turn more hawkish compared to the Bank of Canada and some other major peers, but the currency still notched a weekly gain. The loonie was trading 0.1% lower at 1.3665 to the U.S. dollar, or 73.18 U.S. cents, with the currency pulling back after it touched its strongest level since April 10 at 1.3633. "It is getting harder for the Fed not to sound hawkish given the inflation data surprises since January," strategists at TD Securities, including Jayati Bharadwaj, said in a note.

  • Intel CEO confident in its AI future after posting soft guidance

    Intel's negative earnings surprise caught a few of the newfound bulls to the story by surprise.

  • Israeli strike kills Lebanese militant in Beqaa area

    An Israeli strike in Lebanon's Beqaa region has killed a member of a Lebanese militant group that has fired rockets across the southern border at Israel, the Israeli military and a security source said on Friday. Israel's military said in a statement on Friday that its air force "struck and eliminated Mosab Khalaf in the area of Meidoun in Lebanon," saying he was a member of the Jama'a Islamiya group and had carried out attacks against Israel.

  • Some Americans filed free with IRS Direct File pilot in 2024, but not everyone's a fan

    IRS says more than 140,000 Americans filed their taxes free using its Direct File pilot, but critics say the program's unnecessary and costly.

  • Hackers claim to have infiltrated Belarus' main security service

    A Belarusian hacker activist group claims to have infiltrated the network of the country’s main KGB security agency and accessed personnel files of over 8,600 employees of the organization, which still goes under its Soviet name. The authorities have not commented on the claim, but the website of the Belarusian KGB was opening with an empty page on Friday that said it was “in the process of development”. Seeking to back up its claim, the Belarusian Cyber-Partisans group published a list of the website's administrators, its database and server logs on its page in the messaging app Telegram.

  • Several defensive playmakers are available in Round 2 of the NFL draft after historic offensive run

    The unprecedented run on quarterbacks, wide receivers and pass protectors in the NFL draft 's opening round pushed plenty of standout defenders down the board and allowed some of the top teams to select players who normally wouldn't fall to them. It also shoved plenty of first-round worthy defenders into the second round Friday, led by Cooper DeJean, the Iowa cornerback who broke his lower leg in November but has been cleared to return to football activities. DeJean is one of the best ballhawks

  • William Nylander practises with Leafs ahead of Game 4 against Bruins

    TORONTO — Maple Leafs winger William Nylander appears on course to suit for the first time in this spring's Stanley Cup playoffs. The 27-year-old was a full participant at today's practice after missing the first three games of Toronto's opening-round series against the Boston Bruins with an undisclosed injury. Nylander wouldn't say what's kept him out of the Original Six matchup, but added he's been "feeling great" heading into tomorrow's Game 4 with the Leafs trailing 2-1. The Swede's arrival

  • Bernhard Langer, just 3 months after Achilles tear, plans to return to PGA Tour Champions

    The legend of Langer grows.

  • Paramount Board Might Oust CEO Bob Bakish Amid M&A Talks: Report

    Bob Bakish may be out at Paramount Global even before any sale or merger deal for the media company is completed. The board of directors of Paramount Global, including controlling shareholder Shari Redstone, have discussed a plan to oust Bakish as CEO, the Wall Street Journal reported, citing anonymous sources. Instead, the company would form …

  • Giannis Antetokounmpo ruled out of third game in Bucks-Pacers playoff series

    INDIANAPOLIS (AP) — Milwaukee Bucks star Giannis Antetokounmpo has been ruled out of Game 3 of the NBA playoff series against the Indiana Pacers. Bucks coach Doc Rivers said Thursday that Antetokounmpo did more at practice than he had been during a nearly three-week absence with a strained left calf, though he still avoided live workouts. Instead, the Bucks waited till Friday to make the announcement on social media. The league’s two-time MVP has not played since getting hurt April 9. Milwaukee

  • Google plans to invest $2 billion to build data center in northeast Indiana, officials say

    FORT WAYNE, Ind. (AP) — Google plans to invest $2 billion to build a data center in northeastern Indiana that will help power its artificial intelligence technology and cloud business, company and state officials said Friday. The data center planned for Fort Wayne was announced in January. But Google disclosed the project's cost Friday and said it is expected to create up to new 200 jobs, including data center technicians and support services, The Journal Gazette reported. The data center in the

  • Man wins SC lottery prize following lead of customer in line ahead of him, officials say

    The odds of winning were 1-in-750,000.

  • Exclusive-General Mills explores sale of $2 billion-plus yogurt business in North America, sources say

    General Mills, the maker of Cocoa Puffs and Cheerios breakfast cereals, is exploring a sale of its North America yogurt business including its popular Yoplait brand in a deal that could be worth more than $2 billion, people familiar with the matter said. The Minneapolis-based food conglomerate is working with investment bank JPMorgan Chase to gauge interest from potential buyers that could include rival snack food makers and private equity firms, the sources said, requesting anonymity as the discussions are confidential. General Mills is hoping to fetch a valuation for the yogurt portfolio of nearly 10 times the unit's 12-month earnings before interest, taxes, depreciation and amortization of about $250 million, the sources said.

  • Do you own products that were recalled this week? Our list includes a Crate & Barrel crib, fresh basil and more

    Here's what you should do if you have any of these potentially risky items in your home.

  • Bin there, dumped that: Trash cans to be reinstalled along Montreal's Lachine Canal

    MONTREAL — Parks Canada will reinstall around 30 garbage bins along Montreal's Lachine Canal after some visitors expressed frustration at their sudden disappearance earlier this month. The federal agency says the measure was a pilot project to encourage visitors to take responsibility for waste destined for landfills. Parks Canada says in a statement today that it deemed the canal's cleanliness satisfactory without the bins but decided to replace them at the end of the pilot after public opposit

  • Roger Goodell wants NFL season to run to Presidents' Day – creating three-day Super Bowl weekend

    Goodell said he is "not a fan of the preseason" and would prefer to replace one of the three weeks of preseason play with an 18th regular-season game.

  • Archaeologists Found Two Epic Treasures Under the Floors of George Washington’s Mansion

    The incredible relics hail from before the Revolutionary War.

  • Elon Musk plots UK mobile phone network

    Elon Musk’s SpaceX is laying the groundwork to connect his Starlink satellite service to the UK’s mobile phone network as rural households struggle with poor signal coverage.