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Stocks Rebound as Oil Prices and Yields Ease

Stocks Rebound as Oil Prices and Yields Ease

U.S. stocks posted their strongest performance in six weeks on Thursday as declining oil prices and lower Treasury yields helped investors recover from the previous day’s market pressure. The S&P 500 climbed 1.1%, marking only its second gain in the past nine
Phil Knight Donates $1.1B to Healthcare

Phil Knight Donates $1.1B to Healthcare

Nike co-founder Phil Knight and his wife, Penny, are donating $1.1 billion to Providence St. Vincent Medical Center in Oregon and the Providence Heart Institute, marking one of the largest gifts ever made to an American healthcare institution. The donation follows another
China Inflation Rebounds as Demand Remains Weak

China Inflation Rebounds as Demand Remains Weak

China’s inflation indicators improved in August, supported by higher global commodity prices and strong demand for high-tech products, but economists warned that the rebound does not reflect a meaningful recovery in domestic consumption. The producer price index (PPI) increased 3.8% year over
U.S. and Canada Escalate Trade Tensions

U.S. and Canada Escalate Trade Tensions

The U.S. and Canada have intensified their trade dispute after new retaliatory measures took effect, adding pressure on the Canadian dollar as investors assess the economic impact of tariffs, higher oil prices, and rising inflation risks. The United States introduced import bans

Apple expected to unveil first foldable iPhone

Apple’s annual fall product event is expected to introduce the company’s first foldable iPhone while marking the first major product showcase under new CEO John Ternus, who succeeded Tim Cook on September 1. The event, titled “Surprise and Shine,” will take place
Gas Prices Hit Record Labor Day High

Gas Prices Hit Record Labor Day High

U.S. drivers faced record-high gasoline prices over Labor Day weekend as global oil supply concerns and ongoing conflicts pushed fuel costs higher. A late-summer increase in gasoline prices has made driving more expensive than ever during the Labor Day holiday period. Since
Canadian Travel to US Remains Weak in 2026

Canadian Travel to US Remains Weak in 2026

Travel from Canada to the United States has not fully recovered despite the 2026 FIFA Men’s World Cup, leaving parts of the U.S. hospitality industry facing continued losses from reduced Canadian tourism. A recent report from The Travel indicates that U.S. tourism
Google Avoids Breakup of Ad Tech Business

Google Avoids Breakup of Ad Tech Business

Alphabet’s Google avoided a forced breakup of its advertising technology business on Wednesday after a U.S. judge rejected the Department of Justice’s request to make the company sell its ad exchange platform, marking another setback for recent attempts by U.S. regulators to
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