What the newsrooms are covering

European Innovation Lag

In September 2024, former Italian Prime Minister Mario Draghi, who is also the President of the European Central Bank, released a report on the EU's slowing productivity and innovation. The report revealed that over the past 50 years, no…

Preparing for an AI Future

Young people are showing increased interest in trade jobs that are less likely to be automated by artificial intelligence, according to a recent survey by Checkatrade. 48% of those aged 16-25 are considering a career in the trades, but…

Energy Sector Boom

The US has surpassed China in building new gas-fired power generation, largely due to a boom in artificial intelligence (AI). For decades, China had been outpacing the US in this area, but a recent surge in datacenter construction for AI…

Rising Gas Prices Nationwide

There are currently 31 states in the US where the average price of regular gas is over $4 per gallon. The national average price has been steady between $4.05 and $4.11 for the past month, despite a slight increase from last week's $4.065…

Bank of Montreal Earnings

BMO Financial Group, based in Toronto, reported a third-quarter profit of $1.75 billion, down from $2.33 billion a year earlier due to a one-time charge related to the sale of its transportation and vendor finance businesses. Despite this…

Back to School Meal Challenges

Canadian families preparing for back-to-school season may face uneven food prices, according to a report from Dalhousie University's Agri-Food Analytics Lab. While prices for a "focused school-lunch basket" of 12 popular items decreased by…

China Economic Slowdown

Zhu Rongji, a key architect of China's economic reforms, has passed away at the age of 97. During his tenure as leader from 1991-2003, he oversaw China's greatest era of reform and opening up, handling both macroeconomic and microeconomic…

Declining Birth Rates Worries Economists

Economist Noah Smith has been critical of fellow economist Daron Acemoglu's research, even going so far as to say he's "yelled" about it for 10 years. The criticism centers around Acemoglu's use of theoretical models to inform policies…

China Coal Liquid Fuel Boost

China's China Energy Group Ningxia Coal Industry Co Ltd has built the world's largest coal-to-liquids plant in northwest China's Ningxia Hui autonomous region, which began full operations last month. The plant processes coal, boosting its…

Economic Problem Perception Shift

In recent years, Americans' dissatisfaction with their personal lives has increased significantly, with a notable decline in happiness and confidence in the country's direction since the Bush years. Additionally, suicide rates have been…

Zelensky Blames Russia

**Prime Minister Mark Carney announced on Saturday that Canada will impose "dollar-for-dollar" tariffs on American exports in response to a trade deal falling apart at the last minute. The deal, which was negotiated between Canada and the…

Financial Planning for Kids

At age 35, many people are at a point in their lives where they have significant financial responsibilities, including mortgages, two children, and high salaries. Despite having an MBA or other educational credentials, many individuals…