According to data issued by Statistics Canada on Friday, Canada’s retail industry saw a largely anticipated dip in July, with shoppers pulling back in most categories. Retail sales fell 0.8% to C$69.6 billion ($50.36 billion), reversing most of June’s estimated 1.6% increase.The downturn was widespread, with sales declining in eight…
Friday’s European news cycle was marked by historic agreements, heightened security concerns, financial strain, and new sanctions on Russia.Russia violates Estonian airspace in ‘brazen’ actEstonia said three Russian MiG-31 fighter jets violated its airspace for 12 minutes on Friday, describing the incident as “unprecedentedly brazen.”Tallinn noted it was Russia’s fourth…
Friday evening saw a series of significant political, economic, and international developments. The US administration advanced a multibillion-dollar weapons package for Israel, while the Senate rejected competing stopgap funding bills, bringing the government closer to a potential shutdown. In the private sector, Elon Musk’s artificial intelligence startup xAI reached a…
President Donald Trump is poised to sign a proclamation as soon as Friday that would significantly overhaul the H-1B visa program, according to a Bloomberg report. This would impose a $100,000 application fee in an effort to curb what the administration says is widespread abuse of the system. The White…
US President Donald Trump has thrown a curveball into America’s high-skilled immigration system. On Friday, he announced a $100,000 annual fee for companies seeking to sponsor H-1B visa workers, a seismic jump from the existing $215 charge. Pitching the move as a way to ensure that only “exceptional talent” fills…
US President Donald Trump announced plans for a drastic hike in the H-1B visa fee, slapping a $100,000 annual charge on these work visas.This is going to be a huge jump from the previous fee, which was just a few hundred dollars. The move is part of Trump’s plan to…
Santa Clara-headquartered Oklo Inc (NYSE: OKLO) surged another 20% this morning – extending a blistering rally that now has the nuclear-tech firm trading at 4.5x its price at the start of 2025.The latest catalyst? A landmark nuclear energy agreement between the White House and Downing Street aimed at accelerating deployment…
Morgan Stanley upgraded BB Seguridade (BBSE3) from underweight to equal-weight on Friday, following a steep correction in recent months. The move comes after the insurer’s shares fell 25% from their peak in May and are down 10% year to date. At 10:15 a.m. in São Paulo, shares rose 1.31% to…
Pony AI Inc (NASDAQ: PONY) rallied another 15% today after Leo Haojun, its chief of finance, said the robotaxi firm is “well on track” to reach single-unit economic break-even by early 2026.In an interview with the Wall Street Journal, Haojun cited operational efficiencies, a growing fleet, and declining insurance costs…
Friday’s European news cycle was marked by historic agreements, heightened security concerns, financial strain, and new sanctions on Russia.Russia violates Estonian airspace in ‘brazen’ actEstonia said three Russian MiG-31 fighter jets violated its airspace for 12 minutes on Friday, describing the incident as “unprecedentedly brazen.”Tallinn noted it was Russia’s fourth…