Our planet is changing. So is our journalism. Keep up with the latest news on our Climate and Environment page. Sign up here to get this newsletter in your inbox every Thursday. This week: Can an image of frozen penguin chicks spark climate action? The Big Picture: Think it was a quiet year for wildfires? Think again A therapist … Read more
U.S. stocks are bouncing back, and calm is returning to Wall Street after Japan’s market soared earlier Tuesday to claw back much of the losses from its worst day since 1987. The S&P 500 was rallying by 1.6 per cent in midday trading and on track to break a brutal three-day losing streak. It had tumbled a bit more … Read more
Wall Street fell the most in nearly two years, continuing a global rout in financial markets as fears worsen that the U.S. economy is slowing down. The S&P 500 fell three per cent on Monday. The Dow Jones industrial average dropped more than 1,000 points and the Nasdaq composite slid 3.4 per cent. The declines were just the latest … Read more
Stocks tumbled Friday on worries the U.S. economy could be cracking under the weight of high interest rates meant to whip inflation. The S&P 500 fell 1.8 per cent on Friday for its first back-to-back loss of at least one per cent since April. The Dow Jones industrial average lost 1.5 per cent, and the Nasdaq composite … Read more
TurboTax-parent Intuit said on Wednesday it will let go of about 1,800 employees, or 10 per cent of its workforce, as it looks to focus on its artificial intelligence-powered tax preparation software and other financial products. The company, which has invested heavily in providing generative AI powered accounting and tax preparation tools for small and … Read more
Canada definitely plans to move forward with the purchase of new submarines, the federal government announced on the margins of the NATO Summit on Wednesday. Up to now, the government has spoken only about the possibility of replacing the aging Victoria-class boats. But in the face of mounting criticism of Canada’s defence spending by allies — notably … Read more
For months, the Bank of Canada has been trying to thread a needle: slow the economy just enough to get inflation back under control but not so much that it causes a recession. In a report released this week, the central bank offered up plenty of evidence that its strategy is working. Inflation has eased, economic growth has … Read more
The colourful auroras that treated skywatchers across the country last weekend and the total solar eclipse last month are reminders that the Earth is in direct line of fire from activities on the surface of the sun. The Space Weather division of the U.S. National Oceanic and Atmospheric Administration (NOAA) has been issuing warnings for … Read more
A mysterious writer making propaganda for an Afghan branch of ISIS claimed to be based somewhere in Canada which, experts say, could be cause for concern for authorities. Voice of Khurasan, an online publication used by the Islamic State of Khorasan (ISIS-K), which is suspected of being behind the Moscow attack that killed at least 140 … Read more
The Biden administration on Wednesday slashed its target for U.S. electric vehicle adoption from 67 per cent by 2032 to as little as 35 per cent after industry and autoworker backlash in the political battleground state of Michigan. The Environmental Protection Agency (EPA) instead adopted a “technology neutral” regulatory scheme that allows automakers far more freedom … Read more
