Canada to cut immigration to ease housing, social services strain
By Anna Mehler Paperny TORONTO (Reuters) – Canada went too far in its response to a labor shortage following the pandemic, Prime Minister Justin Trudeau said on Thursday as his…
Investing
5435 posts
Ballooning US government deficit likely to remain same under Harris or Trump
Investing.com — The ballooning U.S. budget deficit is now the third-highest on record and is likely to be very similar under Kamala Harris or Donald Trump as the race for…
Brazil to partly address fiscal concerns soon, central bank chief says
By Marcela Ayres WASHINGTON (Reuters) – Brazil’s government will make announcements soon that will partly address financial markets’ fiscal concerns that are affecting the country’s risk premium, central bank chief…
Exclusive-Democratic lawmakers request probe into Trump son-in-law after Reuters Saudi report
By Aram Roston, Alexandra Ulmer WASHINGTON (Reuters) -The Democratic chair of the U.S. Senate Finance Committee and a prominent Democratic congressman asked the U.S. attorney general on Thursday to appoint…
IMF chief says world economy at risk of low-growth malaise, rising dissatisfaction
By David Lawder WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva warned on Thursday that the world is in danger of becoming mired in a low-growth, high-debt path…
G20 finance chiefs express economic optimism, urge resistance to protectionism
WASHINGTON (Reuters) – Finance chiefs from the G20 expressed optimism for achieving a “soft landing” for the global economy and urged resistance to protectionism, according to a final communique released…
G20 welcomes recommendations to unlock climate funds, will monitor implementation
By Marcela Ayres WASHINGTON (Reuters) – A group of funds backed by the world’s 20 largest economies aimed at financing climate transition projects needs to be more targeted and operate…
Starbucks’ new CEO Brian Niccol is planning a menu upgrade, but will it bring back customers?
Starbucks is undergoing a leadership shift as it struggles with falling sales and customer dissatisfaction. Brian Niccol, the newly appointed head of the coffee chain, has outlined a plan to…
If you invest $1,000 in Snap stock today, here’s your 2025 return
Snap Inc. (NYSE: SNAP) has been a disappointment for its shareholders throughout 2024. The stock has dropped over 40% in the past three months, bringing its valuation to an attractive…
Correction ‘healthy’, FII outflows a ‘tactical readjustment’: market veterans on India’s market dip
The Indian stock market has faced notable upheavals recently due to a combination of geopolitical uncertainties, valuation concerns, and foreign investor outflows, which have weighed on market sentiment. The Nifty50,…