Inflation Climbs to 2.8% in April Fueled by Rising Gas Prices and Seasonal Factors
Canada’s inflation accelerated to its highest rate in nearly two years as gasoline prices surged due to Middle East conflict and seasonal fuel changes.
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Markets & Macro
Corporate Power
Glenfarne Secures Long-Term Gas Supply Agreement with ConocoPhillips for Alaska LNG Phase One
Glenfarne Group inked a 30-year gas sales agreement with ConocoPhillips Alaska, ensuring key natural gas volumes to advance phase one of the Alaska LNG project.
Markets & Macro
Long Island Rail Road Set to Resume After Strike Halts Nation’s Busiest Commuter Service
Service on the Long Island Rail Road will restart after a labor agreement ended the strike that stranded hundreds of thousands of commuters across New York’s suburbs.
Corporate Power
Meta Reassigns 7,000 Employees to AI Teams Ahead of Major Layoffs
Meta reallocates thousands of workers to new AI-focused units as it prepares to cut around 8,000 jobs amid a strategic pivot toward artificial intelligence.
Trade & Tariffs
Russia Seeks Stronger Ties with China on Trade, Energy, and Diplomacy Amid Ukraine Conflict
As Russia faces mounting challenges in Europe, President Putin’s visit to China focuses on expanding economic and diplomatic support from Beijing, including key energy projects.
Markets & Macro
West Bengal Chief Minister Commits Jobs for Families Affected by 2021 Post-Election Violence
West Bengal’s Chief Minister Suvendu Adhikari pledged employment for families of those killed during 2021 post-poll violence and promised support for party workers affected by violence.
Defense & Security
Cluster of Nine Wallets Reportedly Profited $2.4M with Military Bets on Polymarket
Blockchain analysis reveals nine wallets earned $2.4 million with a 98% win rate by placing strategic bets on US military events, raising insider trading concerns.
Crypto & Fintech
Swan Bitcoin Sued for Nearly $1 Billion Over Pre-Bankruptcy Transfers from Prime Trust
The post-bankruptcy trust of Prime Trust accuses Swan Bitcoin of using insider information to withdraw nearly $1 billion in assets days before Prime Trust’s collapse.
Trade & Tariffs
Moburst Secures $11.8 Million Investment to Accelerate AI and Marketing Growth
Moburst’s $11.8 million funding from Chrysalis Holdings will deepen AI innovation and expand marketing efforts while establishing a strategic equity partnership.
Markets & Macro
Why High-Paying Trade Careers Are Gaining Ground Over Traditional Degrees
As economic uncertainty rises, skilled trade jobs offer competitive pay, hands-on training, and stability without the burden of long college programs or debt.