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Tentative ceasefire between Israel and Iran may have just staved off potential ‘stagflationary shock’ akin to Russia’s Ukraine invasion thumbnail
Canada Inquirer

Tentative ceasefire between Israel and Iran may have just staved off potential ‘stagflationary shock’ akin to Russia’s Ukraine invasion

A 10% to 20% U.S. market correction could result if the waterway closed—but the move would hurt Iran more than its trade partners,...

‘Big Short’ investor warns the precarious tariff environment reminds him of WWI—and a trade war would send the U.S. into a recession thumbnail
Canada Inquirer

‘Big Short’ investor warns the precarious tariff environment reminds him of WWI—and a trade war would send the U.S. into a recession

“The tariffs and the potential for a trade war, I think, is really the only risk to the market right now,” Steve Eisman...

The ‘triple threat’ endangering worker well&being and undermining productivity—especially for Gen Z thumbnail
Canada Inquirer

The ‘triple threat’ endangering worker well&being and undermining productivity—especially for Gen Z

Pessimism, uncertainty, and disconnect in the workplace are reaching critical levels. Sometimes it feels like the world is on fire—even, if not especially,...

Stocks are flat, as the Fed’s latest forecast flirts with stagflation thumbnail
Canada Inquirer

Stocks are flat, as the Fed’s latest forecast flirts with stagflation

The Federal Reserve’s quarterly projection included lower growth and higher inflation; the Fed also maintained its previous expectation of two interest rate cuts....

Feds seize $225 million in crypto from crooks who ran giant ‘pig butchering’ operation thumbnail
Canada Inquirer

Feds seize $225 million in crypto from crooks who ran giant ‘pig butchering’ operation

This is the U.S. government’s largest-ever seizure of funds connected to crypto confidence scams. The Department of Justice on Wednesday asked a court...

Nvidia and the AI boom helps Malaysia’s Nationgate debut on the Southeast Asia 500 with a 720% revenue surge thumbnail
Canada Inquirer

Nvidia and the AI boom helps Malaysia’s Nationgate debut on the Southeast Asia 500 with a 720% revenue surge

Nationgate generated $1.6 billion in revenue last year, high enough to place it at No. 243 on the Southeast Asia 500. The Southeast...

Canada Inquirer

The next phase of Starbucks’ turnaround plan is offering executives up to $6 million in stock grants, as baristas scrap to get annual raises above 2%

Baristas reportedly received 2% to 3% pay increases at the end of 2024 following a tough financial year. New CEO Brian Niccol received...

Canada Inquirer

Trump’s Big Beautiful Bill will accelerate an American energy crisis—and it could cost the U.S. the AI race

The megabill just passed by Congress handicaps clean energy when the U.S. needs more power more quickly. America is facing an energy imperative:...

RFK Jr. wants more people wearing health wearables in the name of ‘MAHA’ thumbnail
Canada Inquirer

RFK Jr. wants more people wearing health wearables in the name of ‘MAHA’

Health and Human Services Secretary Robert F. Kennedy Jr. is making health wearables a major part of his preventive health agenda. Testifying before...

Stocks hit another record as House sends Trump $4.5 trillion bill to kick off July 4 weekend thumbnail
Canada Inquirer

Stocks hit another record as House sends Trump $4.5 trillion bill to kick off July 4 weekend

The S&P 500 hit another record after data showed strong hiring. Stocks climbed higher on Thursday after news that employers ramped up hiring...