Latest News
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U.S. inflation climbs to 4.2%, the highest in three years, amid surging oil prices
Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near. Consumer prices…
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Bank of Canada holds rate steady at 2.25% as it grapples with mixed economic signals
The Bank of Canada held its benchmark interest rate steady on Wednesday and said the path forward for monetary policy remains uncertain amid a challenging mix of weak economic growth and high energy prices. As…
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Oil prices jump after Trump says Iran will ‘pay the price’ for failing at peace deal
Oil prices shot higher Wednesday after U.S. President Donald Trump declared that Iran will “pay the price” for being too slow to negotiate a peace deal. U.S. crude oil futures for July delivery jumped nearly 2%…
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Gold inches higher as oil falls, U.S. rate-hike fears cap gains
Gold edged higher on Tuesday, supported by lower oil prices, as tensions eased in the Middle East but concerns about U.S. interest rate hikes ahead of key inflation data this week capped gains. Spot gold was up 0.3% at $4,340.31 per ounce.…
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Oil prices fall nearly 4% after U.S. Energy Secretary says Hormuz ship traffic is increasing
Oil prices fell Tuesday after U.S. Energy Secretary Chris Wright said ship traffic through the Strait of Hormuz is “rising very meaningfully.” U.S. crude oil futures fell about 3.7% to $87.89 per barrel by 10:42 a.m.…
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New Kinaxis CEO bets Ottawa supply chain software company will be a SaaS-pocalypse winner
Some cloud software companies are weathering the so-called “SaaS-pocalypse” better than others. Kinaxis Inc. KXS-T -0.99%decrease chief executive Razat Gaurav believes his is one of them. The supply chain management software vendor, one of Canada’s 10 most valuable publicly traded…
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Canada’s trade surplus widens in April as soaring crude prices drive record exports
Crude oil prices pushed up by the Iran war helped propel Canada’s goods trade surplus in April up by 55 per cent to a 15-month high of $2.72-billion, Statistics Canada said on Tuesday. Analysts polled…
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Earthquake causes structure to collapse near a group of children in the Philippines
https://www.ctvnews.ca/video/2026/06/08/earthquake-causes-structure-to-collapse-near-a-group-of-children-in-the-philippines
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Nvidia CEO says selloff in tech stocks is a buying opportunity
Nvidia Corp. chief executive Jensen Huang called a global tech stocks selloff that began last week a buying opportunity, saying the buildout of artificial intelligence has just begun. South Korea’s benchmark Kospi Index tumbled on Monday after investors pulled back from AI…