OTTAWA — Here’s a brief look at some of the key numbers in the Liberal government’s 2026 spring economic update: $66.9 billion: Projected deficit for 2025-26, $11.5 billion lower than the projection in Budget 2025. The government predicts the annual deficit will decline to $53.2 billion by 2030-31. $37.5 billion: Net cost of new measures included in […]
Warren grills Warsh on whether he’s Trump’s ‘sock puppet’ Fox Business Read the full article…
Meta Platforms (META 1.06%) released Muse Spark, the first large language model from its Superintelligence Lab, earlier this month. This is the best Meta has to show for its massive AI spending, which includes a $14 billion investment in Scale AI and the hiring of its Alexander Wang, billions spent on additional personnel, and massive […]
Gold (XAU/USD) slips to a near one-month low, pressured by a firmer US Dollar (USD) and mounting Oil-driven inflation concerns, as investors await clearer signals on stalled diplomatic efforts between the United States (US) and Iran to end the war. At the time of writing, XAU/USD is trading around $4,571, down roughly 2.37% on the […]
Dear Shareholders, Today’s news is that IAC is changing its corporate name to People Incorporated. Throughout its three decades, this company has always been opportunistic. That’s the only guidewire I’ve ever followed, and I believe today and tomorrow’s opportunities will best be held in the corpus of this new corporate name. Some backgrounding will be helpful […]
Kia is trying to hold its ground in europe as comepition heats up, especially from chinese automakers. at an invester event in April 2026. While arguably necessary, this price adjustment did contribute to a quarterly profit decline, with Kia citing European sales incentives as a factor in its earnings. Song framed the trade-off as sustainable, […]
A Changying-8 cargo unmanned aerial vehicle (UAV) lands after a test flight at an airport in Zhengzhou, Central China”s Henan province, March 31, 2026. [Photo/Xinhua] For decades, China’s economic growth has largely unfolded on land — across factory floors, highways and ports. Now the country is turning its gaze upward. What was once empty airspace […]
TOKYO (AP) — Shares retreated in Asia and oil prices gained on Tuesday as diplomatic efforts to end the Iran war once again appeared to stall. Despite a tenuous ceasefire, the Strait of Hormuz remains effectively closed. Much of Asia, including resource-poor Japan, relies on that route for its oil shipments. Japan’s benchmark Nikkei 225 […]
At a time of soaring deficits and deep budget cuts, the notion that the government can effectively invest public assets may seem counterintuitive. Indeed, there is widespread skepticism about the government’s capacity to do anything well at all. But public investment is a powerful way to make progress on a range of seemingly intractable social […]
Miniature world economy teaching students about entrepreneurship, global systems CTV News Read the full article…
