FULL TEXT- Bank of Canada lowers key rate to 2.25%
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US pending home sales unexpectedly flat in September despite lower mortgage rates
What does the data show? The S&P Cotality Case-Shiller Index rose 1.5% annually in August, although at a slower pace as affordability constraints weigh on buyers. This month’s release reflects closings from June through August, a stretch of the summer market marked by steady mortgage rates in the mid-to-high 6% range and modest improvements in
Topline Texas Attorney General Ken Paxton on Tuesday announced a lawsuit against Johnson & Johnson and Kenvue, alleging the companies deceptively marketed their Tylenol drug to pregnant mothers while knowing the drug posed an increased risk of autism, an unproven link President Donald Trump made last month. Key Facts In his lawsuit, Paxton alleges Johnson
Topline Support for Spanish-performing rapper Bad Bunny as the headliner of the halftime show at Super Bowl LX is distinctly partisan, a new Quinnipiac University poll showed Monday, with overwhelming support from Democrats and sharp disapproval from Republicans. Key Facts Roughly half of Americans approve of the NFL's decision to have Bad Bunny, a Puerto
Topline The S&P 500 reached a record high Monday, one day after the U.S. and China agreed to a trade pact framework that could prevent a broader trade war, news that sent gold prices tumbling. Key Facts The S&P 500 closed up 1.2%, keeping weeks of positive momentum alive and marking its highest closing price
Topline A large group of states sued the Trump administration Tuesday in an attempt to prevent the expiration of food stamp benefits this weekend amid a lengthy government shutdown, blasting the Agriculture Department’s decision to cut benefits as “arbitrary and capricious.” Key Facts The lawsuit, filed by 25 states and Washington, D.C., argues the federal
8 minutes ago Putin Builds Air Defense Citadel As The Drone Siege Of Moscow Begins Putin is massing air defences around Moscow for a long winter of drone attacks. That means leaving other areas undefended, but he may have little choice in the matter.
Topline A Navy fighter jet and a helicopter crashed into the South China Sea in two separate incidents on Sunday, the Pacific Fleet said in a statement, a set of accidents that come just months after the Navy lost two carrier-borne fighter jets in separate incidents over the Red Sea. Key Facts The first incident
Topline The Department of Agriculture said no benefits would be issued for the Supplemental Nutrition Assistance Program on Nov. 1, claiming funding for the critical food stamps program had “run dry” due to the ongoing government shutdown—a claim disputed by Democrats and some policy analysts. Key Facts No SNAP benefits will be issued after Nov.