Oil Slumps as Trump Holds Off Iran Attack, Says Talks to Resume
(Bloomberg) — Oil fell after US President Donald Trump called off a planned attack on Iran and said new talks with the Islamic Republic would begin on Monday. Read More
Author: Bloomberg News
Why investors can breathe easier after the Fed holds its fire
Heading into the United States Federal Reserve’s July 29 meeting, I was increasingly concerned about the possibility of a major policy mistake. While this may seem like an issue for American investors, the reality is that Federal Reserve decisions have enormous implications for Canadians as well. U.S. interest rates influence everything from bond yields and equity valuations to the direction of the Canadian dollar, mortgage rates, commodity prices and the flow of global capital. When the Fed gets policy wrong, the consequences rarely stop at the border. Read More
Turkish Inflation Slows But Central Bank Wary of Oil Risks
(Bloomberg) — Turkey’s annual inflation slowed slightly more than expected in July, but volatile energy prices stemming from the Iran war will compel the central bank toward a cautious outlook. Read More
India’s IPO Boom Cools as Weak Markets Force Issuers to Cut Back
(Bloomberg) — India’s initial public offering boom is fading, with proceeds down by a fifth from a year earlier as companies cut deal sizes, accept lower valuations and delay listings, raising doubts about sustaining momentum after two record years. Read More
Oil Slumps as Trump Holds Off Iran Attack, Says Talks to Resume
(Bloomberg) — Oil fell after US President Donald Trump said new talks with Iran would begin on Monday after he called off a planned attack on the Islamic Republic. Read More
Business Council Alberta calls for immediate federal action to end WestJet disruption
Calgary, AB, Aug. 02, 2026 (GLOBE NEWSWIRE) — With negotiations between WestJet and its flight attendants at an impasse, the Business Council of Alberta (BCA) is calling on the federal government to intervene immediately to restore air service. Read More
Trump Holds Off Iran Strikes on Pledge a Hormuz Deal Is Close
(Bloomberg) — US President Donald Trump said he’s holding off from new strikes on Iran, after Tehran and other Middle Eastern powers told him they’re working on an agreement that might quickly reopen the Strait of Hormuz. Read More
Fed’s Schmid Says More Cuts Could Drive Inflation Pressures
(Bloomberg) — Federal Reserve Bank of Kansas City President Jeff Schmid said additional interest-rate cuts could do more to ingrain higher inflation than shore up the labor market. Read More