Stock market today: Wall Street sluggish ahead of retail, factory data and more corporate earnings
By Yuri Kageyama And Matt Ott, The Associated Press on July 18th, 2023
TOKYO – Wall Street was largely unchanged Tuesday ahead of the release of U.S. retail sales, factory data and more quarterly financial reports from companies. Futures for the S&P 500 and the Dow Jones Industrial Average each fell less than 0.1% before the opening bell. Strong spending by U.S. consumers has been one of the ... Read More »
Be the first to comment!Divisions over the Ukraine war cause a rift at EU-LatAm summit that was supposed to be a love-in
By Raf Casert, The Associated Press on July 18th, 2023
BRUSSELS (AP) – High anxiety set in on the closing day of a summit between European Union and Latin American leaders that was supposed to be a love-in but turned into a diplomatic fracas over the war in Ukraine. Ambassadors worked through much of the night and into Tuesday morning to find even the blandest ... Read More »
Be the first to comment!Bankruptcy slams the brakes on Dutch e-bike manufacturer VanMoof
By The Associated Press on July 18th, 2023
AMSTERDAM (AP) – Dutch bicycle maker VanMoof has been declared bankrupt, slamming the brakes on a company that won design awards for its stylish, minimalist electric bikes but struggled to meet soaring demand and fix glitches with the app powering its service. The Amsterdam-based company, started in 2009 by brothers Taco and Ties Carlier, posted ... Read More »
Be the first to comment!Millennial Money: 4 takeaways from Netflix’s money shows
By Chanelle Bessette Of Nerdwallet, The Associated Press on July 18th, 2023
In the past year, streaming service Netflix has released two financially focused offerings: the film “Get Smart With Money” and the series “How to Get Rich.” Both feature powerhouse financial influencers who help people reevaluate their approaches to money to educate and empower them. Here are four takeaways that you can apply to your own ... Read More »
Be the first to comment!Stock market today: Global shares mixed ahead of release of US retail sales and factory data
By Yuri Kageyama, The Associated Press on July 18th, 2023
TOKYO (AP) – Global shares were trading mixed on Tuesday ahead of the release of U.S. retail sales and factory data. European shares opened higher after many Asian markets retreated. U.S. futures were little changed and oil prices advanced. Tuesday will bring updates on sales at U.S. retailers and on factory output. Strong spending by ... Read More »
Be the first to comment!Toronto area Metro grocery workers could strike as soon as tonight: Unifor
By The Canadian Press on July 18th, 2023
TORONTO – Metro grocery store workers in the Greater Toronto Area are gearing up to strike as early as tonight, as bargaining continues between the retailer and some 3,700 employees. Employees at 27 Metro stores in the GTA could strike as early as 11:59 p.m. on Tuesday. Unifor, the national union representing the Metro workers, ... Read More »
Be the first to comment!The Biden administration announces a cybersecurity labeling program for smart devices
By The Associated Press on July 18th, 2023
WASHINGTON (AP) – The Biden administration and major consumer technology players on Tuesday launched an effort to put a nationwide cybersecurity certification and labeling program in place to help consumers choose smart devices that are less vulnerable to hacking. Officials likened the new U.S. Cyber Trust Mark initiative – to be overseen by the Federal ... Read More »
Be the first to comment!Divisions over the Ukraine war cause a rift at the EU-LatAm summit that was supposed to be a love-in
By Raf Casert, The Associated Press on July 18th, 2023
BRUSSELS (AP) – High anxiety set in on the closing day of a summit between European Union and Latin American leaders that was supposed to be a love-in but turned into a diplomatic fracas over the war in Ukraine. Ambassadors worked through much of the night and into Tuesday morning to find even the blandest ... Read More »
Be the first to comment!High anxiety over the Ukraine war sets in at EU-LatAm summit that was supposed to be a love-in
By Raf Casert, The Associated Press on July 18th, 2023
BRUSSELS (AP) – High anxiety set in on the closing day of a summit between European Union and Latin American leaders that was supposed to be a love-in but turned into a diplomatic fracas over the war in Ukraine. Ambassadors worked through much of the night and into Tuesday morning to find even the blandest ... Read More »
Be the first to comment!Statistics Canada to release June inflation numbers today
By The Canadian Press on July 18th, 2023
OTTAWA – Statistics Canada is set to release its June inflation reading this morning. The consumer price index report is expected to show inflation slowed again last month. Economists are forecasting inflation fell closer to three per cent, the top end of the Bank of Canada’s target range. Canada’s inflation rate was 3.4 per cent ... Read More »
Be the first to comment!Canadian cinemas brace for film release slowdown as Hollywood strikes continue
By Tara Deschamps, The Canadian Press on July 18th, 2023
Canadian movie theatre owners say they’re nervously watching for developments in dual Hollywood strikes and plan to show more classics, cult favourites and live events if the labour disruptions stretch on. The owners are expecting striking stars represented by the Screen Actors Guild-American Federation of Television and Radio Artists, and talent backed by the Writers ... Read More »
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