I made a Frank Costanza reference in a meeting this week and my 20-something social media manager said, “Sorry, who is that?” All I can say is … SERENITY NOW! And according to one indicator, that might be a good slogan right now. Here are five things to know this week: Black Friday: It’s a…
If the stock market were a Halloween movie, we could call it The Bubble that Ate Wall Street. Or perhaps The Bubble that Ate Wall Street 2, because it is a sequel – the second time in the past generation that we have seen technological euphoria cloud minds and drive U.S. stocks to absurdly high…
Open this photo in gallery: U.S. President Donald Trump holds a chart as he delivers remarks on reciprocal tariffs in April.BRENDAN SMIALOWSKI/AFP/Getty Images America’s trade partners swept into Washington over the summer hoping to cement new pacts that would yield certainty for their exporters and prevent their economies from plunging into recession. Instead, they’re now…
New data shows that great white sharks are spending more time in the chilly waters off New England and Canada’s Atlantic coast. That means boaters, beachgoers and fishermen who spend time in the northern waters are learning to live with the predators made famous by the movie “Jaws” 50 years ago. Sightings of the sharks…
The authorities in Hong Kong have refused to extend the employment visa of a Bloomberg journalist, effectively expelling her from the Chinese territory where she has lived and worked for six years. Rebecca Choong Wilkins, a reporter on the financial newswire’s Asia government and politics team, was applying for a routine visa renewal when she…
Gus Carlson is a U.S.-based columnist for The Globe and Mail. Open this photo in gallery: Global EV sales have softened recently while the regulatory environment, particularly in the U.S., has soured significantly.Carolyn Kaster/The Associated Press Ford Motor F-N calls its new electric vehicle initiative a “Model T moment” because of what the company says…
Open this photo in gallery: Canadian stocks typically trade at valuations well below that of U.S. ones, especially with the current Wall Street euphoria.Julia Demaree Nikhinson/The Associated Press The U.S. stock market has lost touch with reality. Consider the evidence: Over the past couple of weeks, investors have seen strong indications that the U.S. economy…
Open this photo in gallery: Federal Reserve Chairman Jerome Powell. The Fed is widely expected to hold interest rates steady in its monetary policy decision on Wednesday.Julia Demaree Nikhinson/The Associated Press A looming U.S. deadline for more severe global tariffs is among a barrage of upcoming events threatening to disrupt an increasingly calm U.S. stock…
Open this photo in gallery: RxFood is an AI-driven app that assess photos of user’s food for a variety of nutritional measures – such as calories, protein and carbs – and suggests tips to improve their eating habits.Laura Proctor/The Globe and Mail Alan Levine struggled for years to track what he ate. Even though he…
A daily rundown of the economic reports and corporate earnings that will be grabbing the market’s attention in the week ahead Monday July 21 830 am ET: Canada industrial product price index and raw materials price index 10 am ET: U.S. leading indicator for June 1030 am ET: Bank of Canada business outlook survey and…