Latest News
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Oil prices fall after U.S. and China reach trade deal framework
Oil prices fell on Monday, pressured by skepticism that a U.S. and Chinese trade deal framework would immediately boost oil demand and after Iraq’s oil minister confirmed an oilfield fire had not affected the OPEC member’s oil…
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U.S. Department of Energy forms $1 billion supercomputer and AI partnership with AMD
The U.S. has formed a $1 billion partnership with Advanced Micro Devices to construct two supercomputers that will tackle large scientific problems ranging from nuclear power to cancer treatments to national security, Energy Secretary Chris Wright and…
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Trump says it will be ‘a long time’ before he meets Carney
Donald Trump says he won’t be meeting Prime Minister Mark Carney for some time after a falling-out between the two countries over an Ontario government TV ad that criticized the U.S. President’s protectionist tariffs. Mr. Trump broke off trade talks…
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Bank of Canada expected to cut rates again as trade turbulence persists
The Bank of Canada is widely expected to cut interest rates again this week, with the fragile business climate and a new bout of trade uncertainty predicted to outweigh concerns about an uptick in inflation.…
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Cenovus further sweetens offer for MEG, wins Strathcona’s backing
Cenovus Energy CVE-T +0.50%increase on Monday further sweetened its bid for MEG Energy MEG-T +3.50%increase to $30 a share, winning long-sought backing from MEG’s largest shareholder, Strathcona Resources SCR-T +2.61%increase. Earlier this month, Cenovus had already raised its offer for MEG to about $29.80 per…
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Calendar: Oct 27 – Oct 31
* Note: Several previously scheduled U.S. data reports could be be cancelled due to the ongoing federal government shutdown. Earnings dates are subject to change Monday October 27 China industrial profits ECB’s three-year CPI expectations…
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Trump tariff tiff: U.S. terminates all trade talks with Canada over Reagan TV ad
https://www.cnbc.com/2025/10/24/trump-canada-trade-reagan.html
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US Inflation rate hit 3.0% in September, lower than expected, long-awaited CPI report shows
https://www.cnbc.com/2025/10/24/cpi-inflation-september-2025.html
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Newmont beats quarterly profit estimates behind record gold prices
Newmont NGT-T -1.06%decrease, the world’s largest gold miner, beat Wall Street estimates for third-quarter profit on Thursday as record-high gold prices helped offset a drop in its production levels. Gold prices have repeatedly set new records this…