Exchange of letters between the Governor and the Chancellor on the Asset Purchase Facility – May 2026
Exchange of letters between the Governor and the Chancellor
Stocks Pressured as US-Iran Hostilities Resume
The S&P 500 Index ($SPX) (SPY) today is down -0.49%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.96%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.19%. September E-mini S&P futures (ESU26) are down -0.49%, and September E-mini Nasdaq futures (NQU26) are down -0.21%. Stock indexes are moving lower today as crude oil prices and bond […]
‘Its own little beast’: why Toronto’s condo market is still struggling
“The price correction, alongside steadily rising incomes, has helped roll back the pandemic-era affordability deterioration entirely,” the RBC Economics analysis said. That’s a positive development for first-time buyers, Khaneka said, even if plenty of potential buyers are also holding out and waiting for prices to fall further. “I’m hopeful to see that prices coming down […]
Oil prices extend gains after hours as U.S. forces conduct additional strikes on Iran
Oil prices settled at their highest levels in more than two weeks on Wednesday, then extended their gains in after-hours trading after the U.S. military said it launched additional strikes on Iran.
US stocks today: Dow falls 500 points after Trump says Iran deal is ‘over’
The S&P 500 ended lower on Wednesday after U.S. President Donald Trump said an interim deal aimed at ending the war with Iran was “over,” while Broadcom led gains among recently battered chip stocks. Speaking at a NATO summit in Turkey, Trump said he had no interest in further talks with Iran and warned that […]
The Biggest Snubs of the 2026 Emmy Awards
Noah Wyle, Taylor Dearden, Shawn Hatosy, Fiona Dourif, Patrick Ball, Katherine LaNasa, Gerran Howell, and Sepideh Moafi were all nominated for their performances in season two of “The Pitt” (and that’s not including guest stars). So is it a bit greedy to say that some of the cast were snubbed? Maybe, but we’re doing it […]
Fed’s Waller signals support for reduced forward guidance
It remains an open question how transparent and forward-looking the Federal Reserve will be during Kevin Warsh’s tenure as central bank chairman. Warsh, who was officially sworn in as the top Fed official on May 22, has made no secret of his disdain for forward guidance. He declined to submit a projection to the Fed’s […]
SEC to Host Virtual Roundtable on Modernizing IPOs and Expanding Access to Public Markets
The Securities and Exchange Commission’s Office of the Advocate for Small Business Capital Formation and the Division of Corporation Finance will co-host a livestreamed discussion on Monday, July 13, 2026, at 2 p.m. to re-examine the IPO process and reassess the framework for how companies of all sizes access public capital. The event will bring together innovative practitioners and seasoned professionals to challenge […]
ClearBridge Emerging Markets Strategy Q2 2026 Commentary
tum3123/iStock via Getty Images Market Overview Emerging markets rallied in the second quarter as AI momentum among some of the largest technology names accelerated amid vigorous earnings results. The MSCI Emerging Markets Index rose 24.1% for the quarter, outperforming most global equity markets due to strength in South Korea, which surged 87.6%, and Taiwan, which […]
Rate hike fears resurface as Fed minutes reveal split committee
Warsh also announced five task forces to review the Fed’s operations, including one focused on communications, though the minutes noted that only “some participants commented that they welcomed the opportunity to review the Committee’s communications tools and practices.” The updated dot plot of individual rate projections tilted narrowly toward one hike this year. Nine of […]