Inflation

Business

Cardinal Energy's C$95M Equity Raise Fuels Thermal Ambitions, Tests Investor Patience

Cardinal Energy Ltd. has upsized its equity offering to C$95.15 million, with proceeds aimed at debt repayment and accelerating its thermal oil projects, including the Reford 2 SAGD development. The move highlights the company's strategic pivot but raises questions about dividend sustainability and shareholder dilution in a capital-intensive sector.

Jan 30, 2026

Business

Oregon Sees Dip in Weekly Jobless Claims Amid Mixed National Picture

Initial unemployment filings in Oregon fell last week, reflecting a slight easing in layoffs, while national figures held steady and other states experienced sharp swings.

Jan 30, 2026

Business

Markets on Edge: Bitcoin Plunges 7%, Stocks Mixed as Trump Teases Fed Pick and Shutdown Deal

Asian markets opened to a volatile session Friday, with Bitcoin leading a sharp crypto sell-off and stocks swinging as traders weighed President Trump's signals on a key Fed nomination and a deal to avert a government shutdown.

Jan 30, 2026

Business

Trump Poised to Name Kevin Warsh as Next Federal Reserve Chair, Sources Say

President Trump is preparing to nominate former Fed Governor Kevin Warsh to lead the central bank, according to people familiar with the discussions, a move that triggered immediate market reactions as investors assessed the potential policy shift.

Jan 30, 2026

Business

The $2 Million Question: Can a 50-Year-Old Renter Afford to Retire in Today's Economy?

Amid corporate restructuring fears, a professional with a substantial nest egg but no home equity grapples with the daunting math of early retirement, soaring healthcare costs, and an uncertain housing market.

Jan 30, 2026

Business

Golden Burden: Soaring Prices Crush Borrowers, Enrich Savers in Vietnam

As global gold prices hit historic highs, Vietnam's deep-rooted culture of gold ownership is creating starkly divided fortunes, turning traditional family loans into crushing debts while minting paper billionaires among long-term holders.

Jan 30, 2026

Business

Trump Poised to Name Kevin Warsh as Next Fed Chair, Setting Stage for Monetary Policy Shift

President Trump is expected to nominate former Fed governor Kevin Warsh as the next Federal Reserve Chair, a move that could signal a pivot toward aggressive rate cuts paired with a reduction of the central bank's balance sheet, reshaping the landscape for markets and cryptocurrencies.

Jan 30, 2026

Business

Precious Metals Surge Sparks Rush to Buy, Sell, and Hunt for Hidden Treasure

As gold breaches $5,000 an ounce and silver soars past $120, a trading frenzy grips markets and sends individuals rummaging through attics for forgotten valuables.

Jan 30, 2026

Business

Bread Financial Caps 2025 with Strong Growth, Eyes Further Diversification and Tech Investment

Bread Financial (NYSE: BFH) delivered robust fourth-quarter and full-year 2025 results, meeting expectations through strategic partner expansions, improved credit health, and strengthened capital positioning. Management outlines a 2026 roadmap focused on sustainable growth, deposit mix optimization, and leveraging AI across operations.

Jan 30, 2026

Business

Powell's Parting Counsel: In Final Stretch, Fed Chair Urges Successor to Steer Clear of Politics

With his term winding down, Federal Reserve Chair Jerome Powell offered rare, pointed advice to his eventual successor during a recent press conference, emphasizing the imperative of maintaining the central bank's independence from political influence.

Jan 30, 2026

Business

Gold Soars Past $5,000 Milestone: A New Era for the Precious Metal?

Gold prices have shattered records, breaching $5,000 per ounce as geopolitical tensions and shifting monetary policies drive a historic rally. Analysts debate whether this is a peak or a new foundation for the safe-haven asset.

Jan 30, 2026

Business

Dollar on Track for Weekly Loss Amid Escalating Global Tensions

The U.S. dollar extended its weekly decline as fresh geopolitical risks, including new tariff threats over Cuba and potential military action against Iran, dampened appetite for American assets, despite domestic political relief.

Jan 30, 2026

Business

Geopolitical Tensions and Supply Shifts Propel Oil Past $70, Challenging Glut Narrative

Brent crude surged above $70 a barrel for the first time since mid-2025, driven by escalating Middle East tensions and shifting supply dynamics, as analysts signal a fading bearish outlook for the oil market.

Jan 30, 2026

Business

Nevada Auto Insurance: Relief in Sight After Years of Soaring Premiums?

A new analysis reveals auto insurance rate hikes in Nevada are slowing dramatically for 2026, though the state remains the nation's most expensive market. Experts point to stabilizing claim costs and urge drivers to shop around for significant savings.

Jan 30, 2026

Business

Gold Rebounds as Geopolitical Tensions and Fed Speculation Fuel Record Rally

Gold prices resumed their upward trajectory Friday, shaking off a volatile session as threats to global stability and expectations of a dovish Federal Reserve pivot continue to drive the historic surge in bullion.

Jan 30, 2026

Business

Dollar's Four-Year Low Raises Questions About Its Global Dominance

The U.S. dollar's recent plunge to multi-year lows has unsettled markets, fueling debate over the currency's future and the economic policies driving its decline.

Jan 30, 2026

Business

Axis REIT: A Steady Performer in a Volatile Market

While speculative 'story stocks' capture headlines, Axis Real Estate Investment Trust (KLSE:AXREIT) presents a compelling case for investors seeking stability through consistent earnings growth and strong insider alignment.

Jan 30, 2026