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BUSINESSAug 28With the US and Canada locked in a trade war, fears of a recession lurkAnalysts say Canada may lose 100,000 jobs under the current tariffs and could go into recession if the USMCA pact ends.Al Jazeera [en]
BUSINESSAug 28Why Are Yields on U.S. Treasury Bonds Rising?The fluctuations could have huge impacts on the U.S. and global economy.Foreign Policy
BUSINESSAug 28Tree Island Steel names Brian Liu as new COOTree Island Steel announced the appointment of Brian Liu as its new Chief Operating Officer. This is a routine executive change for the company.Seeking Alpha Tech
BUSINESSAug 28Mark Walter's insurer Delaware Life sees two banks pause sale of its products amid probesWalter's holding company earlier in the week said "there has been no fraud" at Delaware Life and its affiliated company, Clear Spring Life and Annuity.CNBC
BUSINESSAug 28Mexican exports hit record $81B in July, up nearly 44% on AI-driven manufacturing boomMexico's exports hit a record $81 billion in July, fueled by an AI-driven boom in tech manufacturing, even as imports pushed the country into a trade deficit. The post Mexican exports hit record $81B in July, up nearly 44% on AI-driven manufacturing boom appeared first on Mexico News DailyMexico News Daily
BUSINESSAug 28New winter flight routes will connect Guadalajara with New York while boosting Mexico linksThe new nonstop NY-GDL flight is especially welcome as it eliminates the need for a stopover for travelers between those two major cities, but the Tuxtla-Oaxaca and CDMX-QRO additions also provide needed options for domestic passengers. The post New winter flight routes will connect Guadalajara with New York while boosting Mexico links appeared first on Mexico News DailyMexico News Daily
BUSINESSAug 28Bessent attacks Warren over yen intervention query, offers ‘Foreign Exchange for Dummies’ lessonTreasury has not disclosed how much yen it bought, the execution rate or the current value of the position, despite Warren’s requests for details.CNBC
BUSINESSAug 28DraftKings and Flutter rally after key Nevada prediction market ruling as SCOTUS showdown loomsDraftKings and Flutter's stocks are rising following a significant Nevada prediction market ruling, as a potential Supreme Court showdown approaches. This indicates market reaction to legal and regulatory developments in the prediction market industry.Seeking Alpha Tech
BUSINESSAug 28PG&E, Edison plunge as California lawmakers block Newsom's wildfire insurance planPG&E and Edison's stock plunged after California lawmakers blocked Governor Newsom's wildfire insurance plan. This action impacts major utility companies and highlights regulatory challenges related to wildfire risks in the state.Seeking Alpha Tech
BUSINESSAug 28Apple TV raises the price of its subscription plans in the US.Apple TV's fee increases starting this Friday in the US, rising two dollars monthly and twenty annually, reflecting a sector-wide increase. The catalog includes hits like 'Ted Lasso' and 'F1', as well as Emmy-nominated series, in a market where fees continue to grow.Clarín
BUSINESSAug 28This chart exposes U.S. economy's huge profit-pay gapA chart highlights a significant disparity between profits and worker pay within the U.S. economy. This indicates a notable gap in economic distribution.Seeking Alpha Tech
BUSINESSAug 28GFL Environmental gains on report sales process advanced; Secure Waste set to close Sept. 1GFL Environmental is reportedly advancing in a sales process, while Secure Waste is expected to finalize its closure by September 1st. This signifies significant activity in the environmental services sector.Seeking Alpha Tech
BUSINESSAug 28Californians gain economic confidence as pessimism rises nationallyCalifornians are experiencing a rise in economic confidence, contrasting with an increase in pessimism across the nation. This indicates divergent economic sentiments at regional and national levels.dailynews.com · United States
BUSINESSAug 28Prince Rupert Port launches $750M export hub | Cloverdale ReporterThe Prince Rupert Port has launched a $750 million export hub, marking a significant development for trade and economic activity. This project is expected to boost export capabilities.cloverdalereporter.com · Canada
BUSINESSAug 28Warsh says US Fed has work to do if inflation remains stubbornA commentator named Warsh suggests the US Federal Reserve must act if inflation persists. This highlights ongoing concerns about economic stability and monetary policy.thenationalnews.com
BUSINESSAug 28Prince Rupert Port launches $750M export hub | Cowichan Valley CitizenThe Prince Rupert Port has launched a new $750 million export hub, marking a significant development for trade and logistics. This initiative is reported by the Cowichan Valley Citizen.cowichanvalleycitizen.com · Canada
BUSINESSAug 28Fed Kevin Warsh warns inflation is too high , sparking bets rate hikes are comingKevin Warsh of the Federal Reserve has expressed concern over high inflation, leading to speculation about impending interest rate increases. This signals potential shifts in monetary policy with economic implications.wfdd.org · United States
BUSINESSAug 28Enbridge upgraded at CIBC as Westcoast JV adds valueEnbridge's stock rating was upgraded by CIBC, with the improvement attributed to value added by its Westcoast joint venture. This indicates a positive financial development for the company.Seeking Alpha Tech
BUSINESSAug 28Truist, Fifth Third pause distribution of products tied to Mark Walter's Delaware LifeTruist and Fifth Third have paused the distribution of products associated with Mark Walter's Delaware Life. This is a development in the financial services sector.Seeking Alpha Tech
BUSINESSAug 28Hims & Hers (HIMS) CEO Says the FTC Doesn’t Understand His Own CompanyThe CEO of Hims & Hers (HIMS) claims the FTC misunderstands his company. This statement suggests a potential conflict or disagreement between the company and the regulatory body.Yahoo Finance
BUSINESSAug 28Glencore nears nickel production at Ontario project with mine shaft completionGlencore is approaching nickel production at its Ontario project following the completion of the mine shaft.Seeking Alpha Tech
BUSINESSAug 28US Fed chair warns inflation progress insufficient, hints at rate hikesKevin Warsh in speech underscores Fed's commitment to tackling inflation, with rate hikes possibly on horizon.Al Jazeera [en]
BUSINESSAug 283 takeaways from Warsh's debut Jackson Hole speechAn article outlines three key insights derived from Warsh's inaugural speech at Jackson Hole.Seeking Alpha Tech
BUSINESSAug 28Canadian economy recovers sharply in Q2 but shadow of US tariffs in futureHealthy domestic demand, led by consumer spending and business investment, shows Canada was brushing off past tariffs.Al Jazeera [en]
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