Constantinis / iStock.com Although gas prices have taken a dip from their record highs of more than $5, experts warn that a combination of seasonal demand and rising oil prices could see gas prices make another surge in the near future, reported USA Today. With a little hope for relief at the pump, you may…
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Stocks sink, yields tumble, oil prices steady: Stock market news today
US stocks sank and oil prices held steady Tuesday as new data showed fresh signs of labor market cooling and declining factory orders from businesses. The S&P 500 (^GSPC) decreased nearly 0.6%, and the Dow Jones Industrial Average (^DJI) slipped around the same amount. The technology-heavy Nasdaq Composite (^IXIC) 0.5% slides. Oil prices steady, with…
RBC helped arrange US$5.4B of ‘sustainability-linked’ financing for coal mine operator – National
Royal Bank of Canada is one of many global lenders who want to show that being green isn’t only about the color of money, but recent revelations about its investment in fossil fuel companies call into question its climate-action bona fides. Global News has learned — from financial data firm Refintiv — that those arrangements…
NYPD Can ‘Probably Solve a Bunch of Cold Cases’ (Video)
Twice-impeached former president Donald Trump faces his arrangement on Tuesday, and when he arrives at the police station, he will reportedly have to provide a DNA sample. And once the NYPD did that, Roy Wood Jr. suspects a handful of other cases might get solved. Wood kicked off his week of guest hosting “The Daily…
Federal budget: Capital gains tax, more may target high-income earners
Breadcrumb Trail Links taxes Personal Finance Jamie Golombek: Ottawa says it’s looking to close tax loopholes that benefit the wealthy and corporations Published March 16, 2023 • Last updated 6 days ago • 5 minute read Finance Minister Chrystia Freeland holds a news conference before delivering the 2022-23 budget, in Ottawa, on April 7, 2022….
Why US regulators let banks lose billions as long as losses are ‘unrealized’
Silicon Valley Bank disclosed it had $1.8 billion in paper losses on some bonds by the end of 2022. And yet the lenders didn’t reduce a key measure of capital strength monitored by regulators. Those losses became existential for the bank once it was forced to sell these assets, triggering a run that ended with…
Euler Finance Hacker Mixes $1.6M in Ethereum on Tornado Cash
Funds tied to the latest Euler Finance exploit are on the move. According to on-chain data, the attacker sent ten transactions to mixing service Tornado Cash worth 100 Ethereum each from an intermediary address, and still holds 1,500 ETH labeled as “Fake Phishing” at the same address. The address has sent a total of 1,000…
Ontario finance minister teases vision for growth in 2023 budget
Finance Minister Peter Bethlenfalvy will release the Ontario government’s 2023 budget on March 23 Two-and-a-half weeks before he plans to introduce the Ford government’s 2023 budget, Peter Bethlenfalvy explained in broad strokes what to expect in it to a downtown Toronto audience. The budget will signal that Ontario “wants to be the economic engine of…