The freight rail network in Canada is currently facing a major threat as the country’s two largest railroad operators, Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC), have issued lockout notices to the Teamsters union representing nearly 10,000 workers. If last-minute deals are not reached, both CN and CPKC plan to lock out
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Recent economic figures coming out of China have raised concerns among analysts and policymakers alike. The data indicates a further slowdown in the world’s second-largest economy, with various sectors showing signs of weakness. New home prices have fallen drastically, industrial output has slowed down, and export and investment growth have dipped. The rise in unemployment
Coraline, the stop-motion animated film by Henry Selick, celebrated its 15th anniversary with a solid performance at the domestic box office. The movie secured the fifth spot with $8.63 million over the three-day weekend, playing on 1,603 screens. The total earnings reached $11.6 million, surpassing its previous record for Fathom Events. Last year, Coraline became
Recently, there has been a surge in the number of Americans falling victim to a deceptive scheme known as “pig butchering.” The term itself, derived from the idea of scammers using flattery and false connections to “fatten up” their targets, has garnered attention for all the wrong reasons. This elaborate strategy often takes weeks or
As market volatility continues to make investors uneasy, exploring alternative strategies to protect investments becomes crucial. CEO of Innovator ETFs, Bruce Bond, suggests that buffer exchange-traded funds present an opportunity to shield against the market’s downward trends. These buffer ETFs cater to individuals seeking market exposure while mitigating risks associated with it. The buffer ETFs
Top Wall Street analysts are recommending project management software provider Monday.com as a top pick for investors looking for stocks with attractive long-term growth potential. The company’s second-quarter results exceeded expectations and it raised its full-year outlook, driven by strong demand from major customers. Notably, the number of paid customers with more than $100,000 in
Starbucks, a once thriving coffee giant, is now facing numerous operational issues that have been impacting its sales in recent quarters. Mobile orders, accounting for one-third of Starbucks’ total sales, have created chaos in stores, leading to frustrated customers, overwhelmed baristas, and long wait times. Former CEO Howard Schultz has identified the mobile app as
The stock market experienced a day of mixed gains and losses as investors analyzed the latest Consumer Price Index (CPI) data. While the S&P 500 managed to edge higher, closing with a modest gain of 0.38%, the day started with optimism due to the headline July CPI figure coming in slightly below expectations. This marked
The latest installment in the Alien franchise, titled Alien: Romulus, has exceeded expectations by raking in a massive $100M in its worldwide opening weekend. This impressive figure has surpassed pre-weekend projections, indicating the movie’s strong performance at the international box office, particularly in China. Director Fede Alvarez’s sci-fi horror has resonated well with audiences globally,
SpaceX is gearing up for an exciting new mission, Polaris Dawn, which is set to launch at the end of the month. This mission, part of billionaire Jared Isaacman’s Polaris Program, will mark the first attempt at a spacewalk by a private venture. The crew, led by Isaacman himself, will include long-time colleague Scott Poteet,
The advancement in technology has led to a new era where tracking brainwaves and capturing neural data are becoming a reality. This raises a critical question – what is a thought and how can it be measured and commodified? Recently, Colorado passed a groundbreaking privacy act aimed at protecting the rights of individuals in the
The recent ruling by the 9th U.S. Circuit Court of Appeals in San Francisco has left many questioning the implications for children’s online safety and free speech rights. The injunction blocking the California Age-Appropriate Design Code Act, which was intended to shield children from harmful online content, has been the subject of much debate. The
The ongoing feud between United Auto Workers President Shawn Fain and Stellantis CEO Carlos Tavares has escalated, with Fain accusing Tavares of engaging in price gouging practices and failing to uphold parts of the union’s labor contract with the automaker. Fain’s criticisms, detailed in a video posted on Friday, paint a grim picture of the
The recent appointment of Alan Taylor, an economics professor specializing in international economics and financial crises, to the Bank of England’s Monetary Policy Committee (MPC) has garnered attention in the financial sector. Taylor, a British-born professor currently at Columbia University in New York, brings a wealth of experience to his new role. Having worked as