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
With his deep baritone voice and high-camp take on cowboy culture, Orville Peck has been steadily on the rise since the release of his debut album, Pony, in 2019. Now, he’s back with his highly anticipated third album, Stampede, but in an interview with Q‘s Tom Power, Peck shares that he didn’t always feel at … 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
An NDP insider says New Democrats were surprised by the Liberals’ loss in the recent Toronto byelection — and now see the governing party’s weakness as an opportunity. Anne McGrath, principal secretary to NDP Leader Jagmeet Singh in the House of Commons, told CBC News the party thought the outcome of the Toronto St Paul’s byelection would be close … Read more
Nigeria has recorded 12 new confirmed cases and one death from Lassa Fever across three states of the federation in one week, spanning 29 April to 5 May. The Nigeria Centre for Disease Control and Prevention (NCDC) disclosed this in its recent situation report published on its website. It stated that the number of new … Read more
Prime Minister Justin Trudeau said Thursday his government won’t get sidetracked by “distractions” after one of his MPs walked back comments calling for a leadership review. Trudeau, who was addressing the Liberal caucus in Ottawa, said the party is focused on the House of Commons returning from its winter break next week. “There’s a lot … Read more
Bank of Canada governor Tiff Macklem says he expects 2024 to be a transition year as higher interest rates slow down the economy, making way for lower inflation. In his final speech of the year, the governor laid out his expectations for a softer economy next year and offered criteria for the central bank to start discussing rate … Read more
