Statistics Canada reported that inflation rose 3.2 percent in May, with gasoline up 33 percent year over year. Groceries, housing and fuel now consume a larger portion of household income, leaving less for savings, Gubic said, while the wave of mortgage renewals has added pressure on homeowners. He expects the share of Canadians struggling to cover emergencies to keep climbing, and said…
Novartis ADR earnings beat by $0.23, revenue topped estimates
There’s no two ways about it: Palantir Technologies (PLTR +2.06%) is a battleground stock. Bulls argue that the company’s proprietary artificial intelligence (AI)-infused decision-making matrix — dubbed Ontology — has no real competition, which is driving Palantir’s blistering sales growth. Bears argue that the stock’s egregious valuation is simply unsustainable, which has fueled the stock’s…
The Samsung Electronics Co. signage at the company’s Seocho office building in Seoul, South Korea, on Monday, June 29, 2026. SeongJoon Cho | Bloomberg | Getty Images Samsung Electronics shares rose after the company said Tuesday it is creating a robotics division as the South Korean tech giant seeks new sources of growth. The newly…
To put it mildly, opinions varied on whether the Biden administration’s student loan policies—namely its repeated extensions of the COVID-era payment moratorium and attempt at mass loan forgiveness—were good ideas. But new evidence suggests that the uncertainty that these policies created for borrowers was harmful in and of itself. The expectation of future extensions of…
Three new women’s world records have been set at the Lumberjack World Championships competition held in a small Wisconsin community, full of high-powered sawing, chopping, logrolling, speed climbing and cheers of “Yo-Ho!” This year, 66 men and 40 women attended the three-day competition in Hayward that ended Saturday. They represented 16 states and nine countries. Competitors take…
Topline The Powerball jackpot rose to $567 million—the second biggest lottery prize of the year so far—after no tickets matched all six numbers drawn on Monday night, although the eventual winner will take home a much smaller payout after taxes and deductions. The Powerball jackpot soared to $567 million after Monday night’s drawing. Getty Images…
Many front porch renovations begin with new decking. Years of paint, weather, and heavy foot traffic often make the original boards look ready for replacement. This project took a different approach by restoring the existing wood instead. u/snowballrebellion Reddit user u/snowballrebellion transformed a worn front porch into an outdoor living space by sanding the original…
Debasish Mishra, managing director and chief executive officer of SBI Funds Management Ltd., at a news conference in Mumbai, India, on Thursday, July 9, 2026. SBI Funds Managements biggest investors are seeking to raise as much as 116.9 billion rupees ($1.22 billion) in what’s expected to be India’s first billion-dollar IPO of the year. Photographer:…
A blast of intense heat across eastern Texas is set to challenge the state grid’s all-time power demand record. Preliminary estimates from the Electric Reliability Council of Texas, or Ercot, show demand late Monday afternoon neared the 85.508 gigawatts record set in August 2023. The grid operator has forecast even higher peak loads Tuesday and…