Bank of Canada expected to hold as debate shifts to timing of rate hikes
The Bank of Canada is widely expected to hold its policy rate at 2.25% this week, but economists remain divided over how soon the central bank may need to begin raising rates.
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Mortgage Applications Ease During Holiday-Shortened Week
Mortgage application activity slipped modestly last week as both purchase and refinance demand eased during the holiday-shortened period. The Mortgage Bankers Association (MBA) reported a 2.2% decrease in total application volume on a seasonally adjusted basis for the week ending July 3, with results adjusted for the Fourth of July holiday. Purchase applications declined 1%…
US Navy Sea Drones Clearing Mines, Rescuing Airmen, Now Attacking Iran
The US Navy’s new Saronic Corsair sea drones are getting a workout in the Middle East, pulling off operational firsts for the American military in both rescue and combat. US Central Command revealed Monday that attacks over the weekend that targeted an Iranian submarine and ship maintenance facility involved three Corsair sea drones made by…
Vietnam’s Phu Quoc Island Boat Tragedy: 15 Indian Tourists Died, 21 Rescued; Emergency Contact Numbers
News Published: Saturday, July 11, 2026, 19:46 [IST] In a tragic incident, at least 15 Indian tourists were killed when a boat capsized at Phu Quoc island in Vietnam. The speedboat was carrying at least 31 Indian passengers along with four crew members and guiders. Among the ones who were succumbed to the tragedy included…
Could missing your ITR land you in jail? What taxpayers should know | Personal Finance
For many taxpayers, missing the Income Tax return (ITR) deadline is seen as a compliance lapse that leads to a late fee or interest. However, legal experts say that in certain cases, failing to file an ITR can escalate into a criminal offence if the Income Tax Department concludes that the default was deliberate. …
Minutes of the Meeting of the Court of Directors held on 23 April 2026
Present Committee members: David Roberts, ChairAndrew Bailey, GovernorSarah Breeden, Deputy Governor – Financial StabilityClare Lombardelli, Deputy Governor – Monetary PolicySir Dave Ramsden, Deputy Governor – Markets & BankingSam Woods, Deputy Governor – Prudential RegulationJonathan BewesSabine ChalmersLord Jitesh GadhiaDame Anne GloverDiana NobleTom Shropshire In attendance: Sarah John, Chief Operating Officer Secretary: Sebastian Walsh, Secretary of the…
Brookfield Eyes 10% Stakes in Manhattan Tech Hub
Brookfield is poised to buy a stake in Hudson Square Properties on Manhattan’s West Side in a deal that values the 13-building office complex at $3.5 billion. The locally based investor is in exclusive talks with owners of the 6.25 million-square-foot portfolio to buy a 10-percent interest in the tech and media hub based at…
