Reading Time: 2 minutes Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – A tornado devastated the small town of Greenfield, Ia., located 90 kilometres southwest of Des Moines on Tuesday, causing multiple fatalities and injuring at least a dozen residents. Numerous tornadoes were reported elsewhere in Iowa, including […] Read more
Global Markets: Tornadoes strike Iowa
Global Markets: Canada’s inflation rate cools down
Reading Time: < 1 minute The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Tuesday the annual inflation rate declined to a three-year low of 2.7 per cent in April, compared to 2.9 per cent in March. Food prices also increased by less, rising by 1.4 per cent in April […] Read more
Global Markets: Dow breaks 40,000
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The Dow Jones Industrial Average climbed about 40,000 points for the first time ever on Thursday, underpinned by improving economic confidence in the United States and a strong earnings season. Trucks began […] Read more
Global Markets: Gaza pier complete
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The United States military finished installing a floating pier off the coast of Gaza on Thursday, with humanitarian aid set to start arriving by sea. Meanwhile, heavy fighting continues in the […] Read more
Global Markets: U.S. inflation rate slows
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Soft inflation data out of the United States Wednesday morning raised expectations that the U.S. Federal Reserve will cut interest rates sooner rather than later. The consumer price index was up by […] Read more
Global Markets: U.S. increases tariffs on Chinese imports
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The United States announced tariff increases on a wide range of Chinese imports on Tuesday, including batteries for electric vehicles, computer chips and medical products. China has vowed retaliation. The initial list of […] Read more
Global Markets: Israel squeezing Gaza from north and south
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Israeli forces pushed into northern and southern regions of Gaza on Monday, intensifying the humanitarian crisis for the hundreds of thousands of Palestinians fleeing the fighting. The value of building permits […] Read more
Global Markets: Canada unemployment rate holds steady
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Canada’s economy added 90,000 jobs in April with the country’s unemployment rate holding steady at 6.1 per cent, according to a report from Statistics Canada. The overall employment rate held at […] Read more
Global Markets: Argentina shut down for general strike
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Unionized workers in Argentina launched a general strike against President Javier Milei and his libertarian policies on Thursday. Calling out Milei’s austerity measures, workers in the transportation sector, grain and oilseed processing, […] Read more
Global Markets: Russia strikes Ukrainian energy facilities
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Nearly a dozen Ukrainian energy infrastructure facilities were struck by Russian missiles and drones Wednesday, resulting in blackouts in several regions, according to reports. Ukraine’s military claimed to have shot down 39 of […] Read more