Bay Staters, it’s time to find your shovels and test out your snowblowers. Parts of Massachusetts are expected to see some snowfall this week, according to the National Weather Service’s Boston office. The chances are going up for two-plus inches of snow for spots west of Interstate 495. “Decent chance for accumulating snow across interior … Read more
Property prices and rents in Dubai are forecasted to remain stable over the next 18 months and could possibly fall in the following 18 months due to supply pressures, reported Khaleej Times. Sapna Jagtiani, a primary credit analyst at S&P Global, noted that the market is expected to experience roughly about 182,000 new residential units … Read more
Following a record mild winter last year, Massachusetts may be in for another relatively mild but more snowy winter, as a likely La Nina system takes shape in the coming months, according to early forecasts. “The October ENSO outlook calls for 60% chance of La Nina emerging in the September, October, November timeframe, and by … Read more
The volatility of international oil markets hit home again earlier this week, as crude prices tumbled to their lowest levels in more than a year. Just a couple of weeks ago, West Texas Intermediate (WTI) prices — North America’s benchmark for crude oil — were around $75 US a barrel. This week, prices skidded to … Read more
The Bank of Canada wants the economy to pick up speed again and some members of its governing council are concerned that weak job market conditions could hinder that process. That’s according to the central bank’s newly released summary of deliberations detailing discussions ahead of the July 24 rate decision. “With the emergence of slack … Read more
Intel was set to erase nearly $25 billion US in stock market value on Friday in potentially its worst sell-off since 2000, after it suspended its dividend and slashed its workforce to fund a costly turnaround for its chipmaking business. The company’s stock fell nearly 21 per cent in pre-market trading after Intel late on Thursday … Read more
Enbridge Inc. has raised its earnings forecast for the year in light of the successful completion of two previously announced purchases of U.S. gas utilities. The Calgary-based energy infrastructure company said Friday it now expects adjusted earnings for 2024 of between $17.7 billion and $18.3 billion, up from a previous forecast of $16.6 billion to … Read more
Real estate activity across Canada in June showed a drop in both sales and housing prices compared to June 2023, says the Canadian Real Estate Association, though sales perked up a bit compared to May 2024. According to the latest numbers from CREA, home sales activity as registered in the Canadian Multiple Listing Service (MLS) went up … Read more
U.S. consumer prices unexpectedly fell and the annual increase was the smallest in a year, reinforcing views that a trend of dropping inflation was back on track in the United States, and drawing the Federal Reserve another step closer to cutting interest rates. The consumer price index dipped 0.1 per cent last month after being unchanged in May, the U.S. Labour Department’s … Read more
Hurricane Beryl strengthened to Category 5 status late Monday after it ripped doors, windows and roofs off homes across the southeastern Caribbean with devastating winds and storm surge fuelled by the Atlantic’s record warmth. Beryl made landfall on the island of Carriacou in Grenada as the earliest Category 4 storm in the Atlantic, then late … Read more
 "What is HMPV, the mysterious virus that China is struggling with? – Firstpost")