NVIDIA (NASDAQ:NVDA) shares rose over 5 percent to hit US$142.50 on Thursday (May 29), extending a powerful rally that reflects Wall Street’s optimism in the chipmaker’s long-term trajectory The company’s positive performance came despite a bruising blow from US export restrictions to China. The semiconductor giant, seen by many industry experts as the backbone of […]Read More
Statistics Canada reported on Friday (May 30) that real gross domestic product (GDP) gained 0.5 percent during the first quarter of 2025. Even on a per capita basis, real GDP posted a strong 0.4 percent increase. The agency primarily attributed the rise to a 1.6 percent increase in exports during the quarter. The higher export […]Read More
Hunter Biden was seen out and about with his family in Cape Town, South Africa, Friday amid Republicans’ investigation into an alleged ‘conspiracy’ related to his father’s cognitive decline as president. The embattled son of the former president toured Cape Town with his wife, Melissa Cohen Biden, and son, Beau Biden Jr., driving a rented […]Read More
A federal appeals court paused a lower ruling blocking President Donald Trump’s sweeping tariffs, siding with the administration Thursday in a legal fight over the White House’s use of an emergency law to enact punishing import taxes. The back-and-forth injected more volatility into markets this week after several weeks of relative calm, and court observers […]Read More
With Elon Musk leaving his role at the White House as head of the Department of Government Efficiency and President Donald Trump saying DOGE’s work will continue, the question now in Washington is who will take the reins to become Musk’s successor. Musk, who has led Trump’s waste-cutting task force from Inauguration Day until now, […]Read More
Tesla and SpaceX CEO Elon Musk wrapped up his time as the public face of DOGE in a press conference with President Donald Trump on Monday, leaving behind a total estimated $175 billion in government cost-cutting over the past few months. The $175 billion in savings from slashing government contracts, selling assets, identifying improper payments, […]Read More
US President Donald Trump scored a temporary reprieve in his ongoing trade war efforts after a federal appeals court stayed a lower court’s decision that struck down most of his global tariffs. The Thursday (May 29) decision allows the administration’s controversial import duties to remain in place for now. The decision by the US Court […]Read More
Ontario’s Conservative provincial government is retreating from elements of its controversial Bill 5 following weeks of intense pressure from First Nations leaders. They have accused Premier Doug Ford’s administration of violating its constitutional duty to consult Indigenous communities on critical minerals development in the province’s far north. In a move aimed at quelling growing unrest, […]Read More
While U.S. President Donald Trump’s tariffs play out in U.S. courts, another one of his proposed laws could weaponize the American tax system. Investment banks and law firms warn this step could prove to be as significant as the impact of duties on investors. The “One Big Beautiful Bill Act,” which passed through the U.S. […]Read More
Elon Musk showed up to the Oval Office on Friday to bid farewell to his official role in the Trump administration, but it wasn’t just the mark he made with DOGE that raised eyebrows. It was the black one under his right eye. Social media lit up during the livestreamed event as eagle-eyed viewers noticed […]Read More
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