Canada Inquirer

Labor market turns upside down as the economy can shed jobs and still keep unemployment low amid immigration reversal thumbnail
Canada Inquirer

Labor market turns upside down as the economy can shed jobs and still keep unemployment low amid immigration reversal

The most closely watched U.S. economic indicators have turned upside down as President Donald Trump’s immigration crackdown sends the labor force into reverse....

Iran says Iraqi ships are allowed to use Strait of Hormuz thumbnail
Canada Inquirer

Iran says Iraqi ships are allowed to use Strait of Hormuz

The Iranian military said major oil producer Iraq is exempt from shipping restrictions in the Strait of Hormuz, a potentially significant move for...

U.S. deploys bulk of stealthy long-range missile for Iran war thumbnail
Canada Inquirer

U.S. deploys bulk of stealthy long-range missile for Iran war

The next steps in the US military campaign against Iran will commit nearly its entire inventory of stealthy JASSM-ER cruise missiles, drawing them...

Trump warns Iran it has 48 hours left as airman remains missing thumbnail
Canada Inquirer

Trump warns Iran it has 48 hours left as airman remains missing

President Donald Trump said Saturday that time was running out on his 10-day deadline for Iran to make a peace deal with the...

Ryanair CEO says book summer trips before fares soar, predicting French air traffic controllers more likely to cause flight chaos than fuel shortages thumbnail
Canada Inquirer

Ryanair CEO says book summer trips before fares soar, predicting French air traffic controllers more likely to cause flight chaos than fuel shortages

 If the U.S.-Israel war on Iran continues into the summer, then airlines will start running out of jet fuel and will be forced...

Jerome Powell says the $39 trillion national debt is ‘not unsustainable,’ but warns the trajectory ‘will not end well’ thumbnail
Canada Inquirer

Jerome Powell says the $39 trillion national debt is ‘not unsustainable,’ but warns the trajectory ‘will not end well’

Federal Reserve Chair Jerome Powell offered a sobering assessment of America’s fiscal health on Monday, telling a Harvard economics class that while the...

Dollar doomsayers can relax: Iran’s ‘petroyuan’ gambit won’t topple the greenback thumbnail
Canada Inquirer

Dollar doomsayers can relax: Iran’s ‘petroyuan’ gambit won’t topple the greenback

Even amid the torrent of disquieting news from the Middle East in recent weeks, an Iranian suggestion that it might start offering safe...

Wealth taxes on billionaires and $30 minimum wages are part of the same plan, advocate says. ‘They should pay their fair share’ thumbnail
Canada Inquirer

Wealth taxes on billionaires and $30 minimum wages are part of the same plan, advocate says. ‘They should pay their fair share’

There are an estimated 938 billionaires in the United States. To put that into context, that’s about two full Boeing 747s (each one...

Bill Ackman told spooked investors to get over the Iran war and buy Fannie and Freddie. Stocks surged 40% the next day thumbnail
Canada Inquirer

Bill Ackman told spooked investors to get over the Iran war and buy Fannie and Freddie. Stocks surged 40% the next day

Fannie Mae and Freddie Mac, the two government-sponsored businesses designed to prop up mortgages, ripped on Monday after billionaire investor Bill Ackman told...

Jerome Powell to Gen Z: Don’t fear AI—master it thumbnail
Canada Inquirer

Jerome Powell to Gen Z: Don’t fear AI—master it

Federal Reserve Chair Jerome Powell delivered a pointed message to the next generation of workers last week: Stop worrying about artificial intelligence and...