Business insolvency filings highest in years

Fortune
$3 trillion could be injected into the U.S. economy without any federal spending by tweaking this corner of the mortgage market, ‘Oracle of Wall Street’ says
"Rarely have I seen such a true win-win scenario for the government, Wall Street and the U.S. consumer."
The Canadian Press
Poilievre tight-lipped on what Conservatives might do with capital gains tax changes
OTTAWA — Conservative Leader Pierre Poilievre is telling business leaders to fight their own battles when it comes to the Liberals' proposed changes to capital gains taxation. But even as he characterizes their plan as an "attack," his office is keeping tight-lipped about whether or not his party will vote in favour of it. Finance Minister Chrystia Freeland introduced legislation last week to implement the most recent federal budget that did not include one of its marquee announcements. Instead,
GOBankingRates
From LBJ to Biden: How the Economy Performed Under Each President
The economy is big, complex and difficult for most people to understand. In reality, the president may not have as much control over the economy as people tend to think -- the Federal Reserve, for...
CBC
Provincial governments facing higher debts and more financial pressure
After riding a red-hot economy to shrink deficits and grow surpluses, provincial governments across the country are beginning to see their finances flounder. Each province has released their budget for the upcoming year and collectively are facing higher spending and record-size debt. Alberta and New Brunswick are the only provinces to publish balanced budget projections compared to eight of the 10 provinces reporting a surplus two years ago, when a strong national economy and high commodity pri
Business Insider
Inflation is scrambling Americans' perceptions of middle class life
"I feel like I can make ends meet, but I can't really move this lifestyle," one person told Business Insider.
The Canadian Press
Macklem tries to stay out of the fray as MPs do their best to use him to score points
OTTAWA — Bank of Canada governor Tiff Macklem navigates a political minefield every time he testifies before the House of Commons finance committee. Four times a year, members of Parliament get the chance to question the governor on monetary policy. At a time when inflation and interest rates are both high, MPs — particularly Opposition ones — are eager to ask him about politically charged issues. Is the federal government spending too much? How much is carbon pricing pushing up prices? Would el
Yahoo Finance
The Oracle of Omaha warns about AI: What Buffett said at Berkshire
Warren Buffett told Berkshire Hathaway shareholders that he has mixed feelings about artificial intelligence — in a tone he's expressed before.
Business Insider
Wall Street big shots may be forced to cancel their summer vacations
Forget the Hamptons and put down the rosé: stubborn inflation and stock market volatility are making this Wall Street's summer of worry.
CNN Business
Retailers jacked up prices and squeezed consumers. They might have just blinked
Retailers are feeling jittery. Consumers aren’t shopping like they used to. In a game of chicken between stores and shoppers, it’s the stores that appear to be yielding first, by dropping prices on thousands of products.
Reuters
India's foreign minister rejects Biden's 'xenophobia' comment
Indian foreign minister Subrahmanyam Jaishankar rejected U.S. President Joe Biden's comment that "xenophobia" was hobbling the South Asian nation's economic growth, The Economic Times reported on Saturday. Jaishankar said at a round table hosted by the newspaper on Friday that India's economy "is not faltering" and that it has historically been a society that is very open. "That's why we have the CAA (Citizenship Amendment Act), which is to open up doors for people who are in trouble ... I think we should be open to people who have the need to come to India, who have a claim to come to India," Jaishankar said, referring to a recent law that allows immigrants who have fled persecution from neighbouring countries to become citizens.
Bloomberg
Bailey’s Rate-Cut Plan Is Set to Differ From Powell’s
(Bloomberg) -- The Bank of England may offer a clearer signal in the coming week on whether it plans to cut interest rates this summer, just as investors bet on a delayed outlook for easing.Most Read from BloombergTruce Talks Shift to Qatar as Hamas Hits Israel Border CrossingFrance’s Macron Calls for Reset of Economic Ties With ChinaBuffett Praises Apple After Trimming It, Drops Paramount StakeTreasury Rally Risks Running Into a $125 Billion Brick Wall‘Civil War’ Is a Gift to Trump’s OpponentsA
Sacramento Bee
California Supreme Court will weigh removal of Taxpayer Protection Act from ballot. Here’s why
The ballot measure would reclassify many government fees as taxes.
Business Insider
Stock market today: US stocks end the week higher after solid earnings and Goldilocks jobs report
"The case for rate cuts got a little stronger today. Goldilocks could be making a comeback," TradeStation market strategist David Russell said.
Barrons.com
The Fed Should Tweak Its ‘Dot Plot,’ Chicago’s Goolsbee Says. Here’s How.
Publishing a “matrix” of projections would help the Fed communicate better. Policy is restrictive, NY Fed’s Williams said.
HuffPost
'She Was So Rude, My Family Is No Longer Allowed To Listen To Her Music': 34 Of The Absolute Best And Worst Celebrities People Have Ever Met
"I went to shake her hand, and she looked me up and down and said, 'I don't shake hands,' then walked away."
Hello!
Elizabeth Hurley, 58, dances in daring linen dress during Maldives getaway
Elizabeth Hurley showed off her new summer dress as she danced up a storm in the Maldives.
BBC
Three bodies found in Mexico had bullet wounds to heads
Authorities believe three tourists were attacked as they were trying to fend off an attempted theft.
The State
SC’s Tim Scott was asked if he would accept 2024 election results. Here’s what he said
Scott is reportedly under consideration to be presumptive GOP presidential nominee Donald Trump’s vice presidential running mate.
People
Rihanna Rocks Chic Savage X Fenty One-Piece: 'Looking for Nudes'
The singer sported lingerie from her brand's Signature Script collection ahead of her 2024 Met Gala appearance
Hello!
Madeleine McCann's parents absent from vigil as Polish woman claiming to be missing girl attends
It has been 17 years since Madeleine McCann vanished from her holiday apartment in Portugal. Her parents Kate and Gerry were absent from a vigil marking the anniversary, while Polish woman Julia Wendall travelled to Britain

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Business insolvency filings highest in years

Latest Stories

$3 trillion could be injected into the U.S. economy without any federal spending by tweaking this corner of the mortgage market, ‘Oracle of Wall Street’ says

Poilievre tight-lipped on what Conservatives might do with capital gains tax changes

From LBJ to Biden: How the Economy Performed Under Each President

Provincial governments facing higher debts and more financial pressure

Inflation is scrambling Americans' perceptions of middle class life

Macklem tries to stay out of the fray as MPs do their best to use him to score points

The Oracle of Omaha warns about AI: What Buffett said at Berkshire

Wall Street big shots may be forced to cancel their summer vacations

Retailers jacked up prices and squeezed consumers. They might have just blinked

India's foreign minister rejects Biden's 'xenophobia' comment

Bailey’s Rate-Cut Plan Is Set to Differ From Powell’s

California Supreme Court will weigh removal of Taxpayer Protection Act from ballot. Here’s why

Stock market today: US stocks end the week higher after solid earnings and Goldilocks jobs report

The Fed Should Tweak Its ‘Dot Plot,’ Chicago’s Goolsbee Says. Here’s How.

'She Was So Rude, My Family Is No Longer Allowed To Listen To Her Music': 34 Of The Absolute Best And Worst Celebrities People Have Ever Met

Elizabeth Hurley, 58, dances in daring linen dress during Maldives getaway

Three bodies found in Mexico had bullet wounds to heads

SC’s Tim Scott was asked if he would accept 2024 election results. Here’s what he said

Rihanna Rocks Chic Savage X Fenty One-Piece: 'Looking for Nudes'

Madeleine McCann's parents absent from vigil as Polish woman claiming to be missing girl attends