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Fifa president Gianni Infantino says it doesnt make any additional revenue from them. Stadium fans loudly boo them and TV viewers blast them on social media, but the hydration breaks introduced in this World Cup have been the bonus money spinner of the tournament. When the final whistle blows on this edition of the World Cup, those three-minute breaks will ...
From fidelity.com | 1 hr 45 min ago
U.S. President Donald Trump's administration is expected to formally declare on Wednesday that it will not extend the U.S.-Mexico-Canada Agreement on trade, starting a decade-long clock to wind down the 32-year-old North American free trade zone as the three countries haggle over proposed changes. That declaration will kick off a six-year review session, ...
From scotiabank.com | 4 hr ago
Canadas economy never entered any credible definition of recession, but growth is rebounding nicely in the second quarter. This offers a nice set-up for the Bank of Canadas wholesale forecast reset in the July 15th MPR and following next weeks BoC surveys that are likely to show higher inflation expectations. Q2 GDP is tracking a gain of 2.3% q/q SAAR ...
From fxstreet.com | 4 hr ago
Moneta Markets has announced the launch of new crypto CFDs linked to OpenAI and Anthropic, expanding its product range with two of the most closely watched names in artificial intelligence. The new instruments give Moneta Markets clients the ability to trade price movements linked to OpenAI and Anthropic through contracts for difference, without owning the ...
Fed's Hammack: The inflation is still too high, the Fed may need to consider rate hikes HAMMACK: WILL GO INTO FED MEETINGS WITH OPEN MIND, WON'T PREJUDGE OUTCOMES Fed's Hammack: It's important that central bankers are transparent about the reaction function
The number of job openings was unchanged at 7.6 million in May, the U.S. Bureau of Labor Statistics reported today. Hires were unchanged at 5.2 million, while total separations changed little at 5.1 million. Within separations, quits (3.1 million) changed little, while layoffs and discharges (1.7 million) were unchanged. This release includes estimates of ...
"Aprils figures confirm that U.S. home prices remain essentially flat, with the S&P Cotality Case-Shiller National Home Price Index up a scant 0.8% year over year, just above March's 0.7% pace," said Nicholas Godec, CFA, CAIA, CIPM, Head of Fixed Income Tradables & Commodities at S&P Dow Jones Indices. "With inflation accelerating to 3.8% in April, U.S. ...
This summer, two markets are running simultaneously: one financial, one sporting. While financial markets react daily to macroeconomics and geopolitics, the sporting market currently represented by the football World Cup unfolds across 16 venues in the US, Canada and Mexico, with 48 nations competing for a trophy and an expected 6bn global viewers. ...
In May 2026, household spending on goods rebounded month-on-month (+0.5% in volume* after -0.5% in April). Energy consumption rose again (+2.3% after -3.2%), consumption of manufactured goods slowed (+0.1% after +0.4%), while food consumption remained stable (after -0.2%). In May 2026, household energy expenditures rebounded (+2.3% after -3.2% in April). ...
This post was meant to be a deep dive into the inflation data. Mostly, it still is. But this morning, the Supreme Court ruled in Lisa Cook's favor, blocking her removal from the Fed over unproven allegations. So monetary policy stays guided by data, like inflation, employment, and in the hands of the Fed, not the President. The same day's events also ...
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