2025-01-17
Stocks in Play: Algoma Central Corporation
Friday, January 17, 20259:56 AM EST - Algoma Central Corporation : Today announced that the Company’s Board of Directors authorized payment of a quarterly dividend to shareholders of $0.20 per common share. The dividend is payable on March 3, 2025 to shareholders of record on February 14, 2025. Algoma Central Corporation (T.ALC) shares were up $0.02 at 14.6.Stocks in Play: Algoma Central Corporation, Fri, 17 Jan 2025 09:57:06 EST
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Canada Targets $150 Billion Of U.S. Goods For Retaliatory Tariffs
Canada’s federal government in Ottawa has identified $150 billion ($105 billion U.S.) of American manufactured goods that it will hit with trade tariffs if president-elect Donald Trump makes good on his threat to levy tariffs of 25% on Canadian products. The list is a draft and would be used only if the Trump administration moves first on its threat of a trade war with Canada. While the products on that initial list weren’t disclosed, they are likely to be similar to the tariffs Canada enacted in 2018 after Trump placed tariffs on Canadian steel and aluminum.During that previous trade...
Read more2025-01-14
Why Do U.S. Treasury Yields Keep Climbing?
Ahead of President-Elect Trump taking office, U.S. treasury bill yields are rising. The 10-year treasury is 4.77%, while the 30-year closed at 4.96%. What do bond markets know that the stock market is ignoring?The debt market is expecting December 2024’s inflation rate to either rise or stay the same. Neither outcome is good news for stock markets. It would prevent the Federal Reserve from cutting interest rates many times this year. At best, the Fed may cut rates by 25 bps twice this year. However, a negative outcome is emerging: the Fed could raise interest rates.Bank stocks, which post...
Read more2025-01-13
Why Strong Jobs Report Has Wall Street Scared
Last Friday, the government posted a strong jobs report that the stock market did not expect. This has Wall Street pros scared. Strategists who expected the Federal Reserve to hold further rate cuts are more confident on the call.Bank of America’s U.S. economist, Aditya Bhave, noted that investors need to watch out for an interest rate hike. This would slow the economy. In response to the risk, Bank of America (BAC) stock fell by 2.38%. Wells Fargo (WFC), Goldman Sachs (GS), and JP Morgan Chase (JPM) shares also fell on the day.The Fed will scrutinize the Personal Consumption Expenditure data...
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This Could Mark an Historic Shift for Artificial Intelligence
VERSES AI’s (CBOE: VERS) (OTCQB: VRSSF) Atari 10K Challenge could mark an historic shift for artificial intelligence, allowing for more accessible and scalable development of intelligent systems with reduced data requirements and computational costs. In fact, according to VERSES AI, the Atari 10K Challenge “aims to meet or exceed human-level performance across multiple Atari games using just 10k frames (90% less data) and a fraction of the compute with a single generalizable architecture than industry-leading approaches.”“Preliminary results demonstrate that VERSES...
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Asia Stocks Trade Lower After U.S. Jobs Report
Asia-Pacific markets traded lower Monday, after U.S. jobs report on Friday dampened investors’ hopes for early interest rate cuts by the Federal Reserve.Markets in Japan were closed for holiday. In Hong Kong, the Hang Seng index lost 190.15 points, or 1%, to 19,874.14, falling below 19,000 for the first time since last September. Looking to the rest of this week, the Bank of Korea is expected to meet this Thursday, and Australia is slated to post its unemployment rate for December on the same day. China will be posting its GDP for the fourth quarter of 2024 on Friday, alongside retail sales...
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How to watch Blue Origin’s inaugural New Glenn launch (scrubbed) - Engadget
How to watch Blue Origin’s inaugural New Glenn launch (scrubbed) EngadgetNew Glenn Mission NG-1 Blue OriginWatch live as Jeff Bezos' Blue Origin rocket launches from Florida BBC.comA powerful potential challenger to SpaceX’s rocket dominance is poised to launch CNNAnalysis: Bezos finally launching a serious rival to Musk's SpaceX Sky News
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13 weirdest gadgets of CES 2025 - Tom's Guide
13 weirdest gadgets of CES 2025 Tom's GuideThese Are the Official 2025 Best of CES Winners, Awarded by CNET Group CNET7 Impressive Smart-Home Gadgets From CES 2025 Mansion GlobalCES 2025: we select the best new tech for home and workplace Wallpaper*We’re Still Thinking About These Super Weird Gadgets From CES 2025 Kotaku
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School software hack hits school boards across six Canadian provinces - CTV News
School software hack hits school boards across six Canadian provinces CTV NewsCybersecurity breach of Nova Scotia school system could have financial impact Global News TorontoSask. schools among those affected by recent cyberattack CTV News SaskatoonPowerSchool hack exposes student, teacher data from K-12 districts BleepingComputerCyberattacks can take entire school networks out. It's time to pay more attention to them, experts say CBC.ca
Read more2025-01-10
Senior Executive At Nvidia Sells Company Stock
A senior executive at Nvidia (NVDA) is selling company stock. Ajay K. Puri, Nvidia’s Executive Vice-President of Worldwide Field Operations, sold $5.5 million U.S. worth of company shares in the first stock sale by an insider at the company this year. Puri sold shares on Jan. 6 and 7 at prices ranging from $150.41 U.S. to $152.50 U.S., which was near the stock’s all-time high.The sales were made through a Rule 10b5-1 trading plan. Such plans are used by company insiders to remove the appearance that they may benefit from non-public information. Such plans automatically execute trades when...
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These are the jobs in demand this year - CTV News
These are the jobs in demand this year CTV NewsCanadian Job Seekers Pessimistic About 2025 Financial PostLooking for a Job Is Set to Get Less Miserable This Year (Yes, You Read That Right) The Wall Street Journal'Ready to innovate and adapt:' Canadian companies optimistic about hiring in 2025 Yahoo Canada FinanceAlmost half of Canadians think there will be fewer jobs in their field in 2025: Poll Toronto Sun
Read more2025-01-09
Amazon Warehouse Workers To Hold Union Vote
Workers at an Amazon (AMZN) warehouse in North Carolina will vote in February on whether to unionize.Workers at the Garner, North Carolina Amazon facility will cast ballots from February 10 to 15 that will decide if they join the Carolina Amazonians United for Solidarity & Empowerment (CAUSE) union.CAUSE is a labor group led by current and former Amazon employees that has been working to organize workers at the North Carolina warehouse for three years.If the election is successful, the North Carolina warehouse will become only the second Amazon site in the U.S. to unionize. Workers at Amazon’...
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