Australia hikes rates again and warns inflation will stay higher for longer
Michele Bullock, governor of the Reserve Bank of Australia (RBA), attends a news conference at the bank’s head…
London Mayor Morgan: Federal tariff announcement will help hard-hit industries in southwestern Ontario – CTV News
London Mayor Morgan: Federal tariff announcement will help hard-hit industries in southwestern Ontario CTV NewsOttawa gives billion-dollar lifeline to…
Chevron chief compares Hormuz crisis to 1970s oil shocks as shortages loom
Chevron CEO Mike Wirth warned Monday that physical oil shortages will begin appearing globally due to the Strait…
Venezuela’s inflation rate eases to 10.6% in April, cenbank says
May 4 (Reuters) – Venezuela’s inflation rate eased to 10.6% in April from 13.1% in March, the country’s…
How the Middle East crisis is expanding China’s agrochemical influence
As the Middle East conflict spreads uncertainty among farmers around the world, Chinese farmers are carrying out their…
David Sacks says AI now accounts for 75% of US GDP growth
President Donald Trump has framed the current state of the U.S. economy as a “golden age,” and in…
IMF says worst-case global economy warning is now the working assumption – oil shock hit
IMF chief Georgieva has abandoned the fund’s mild slowdown forecast, warning that if the Middle East war continues…
Canada should accelerate new energy infrastructure as markets shift, IEA chief says
Open this photo in gallery: Fatih Birol, executive director of the International Energy Agency, will meet with Prime…
Canadian Wealth Inequality Soars As Rich Buy Stocks, Poor Take Out Mortgages
Canadian household wealth grew last year, but so did inequality. Statistics Canada (StatCan) data shows the average household…
Automotive industry sales down 3.9% amid high gas prices
Updated: May 04, 2026 at 2:52PM EDT Published: May 04, 2026 at 11:55AM EDT RICHMOND HILL — DesRosiers Automotive Consultants…
Why did Spirit fail? Too many passengers hated flying it
Lousy service, not the Iran war, killed Spirit Airlines. Spirit was doomed to fail because of mismanagement, deep…
High food prices might be the most toxic form of personal-finance adversity in the past six years
Open this photo in gallery: A shopper compares packages of meat at a grocery store in Dallas, Tex.…