Klarna Profit, Revenue Beat Forecasts; Outlook Falls Short
Klarna reported better-than-expected profit and revenue for the latest quarter, but its forward guidance missed analyst estimates, causing shares to dip.
Category : Banking Finance
Canadian Tire Q1 profit and revenue rise year-over-year
Canadian Tire Corp. reports higher first-quarter profit and revenue compared to a year ago, driven by strong retail sales and operational efficiency.
Global Markets Rise as Trump-Xi Summit Awaited
Asian markets mostly gained as investors watched the Trump-Xi summit, while Canada's TSX fell nearly 250 points. U.S. markets showed mixed results with big tech stocks gaining.
Why Investors Should Worry Despite Record High Stock Markets
Despite record highs, concerns like creeping inflation, concentrated gains, and ongoing wars may pose risks. Peter Hodson highlights five lurking worries.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Ex-NYC Judge Charged in $5M Real Estate Scam
Former New York judge Edward Harold King and developer Yechiel Sprei face wire fraud charges for allegedly duping investors out of $6.5 million in a bogus property deal.
Trump Repeats False Claim Canada Blocks US Banks
President Trump again claims Canada prohibits US banks, but experts say it's false. Canadian banking regulations allow US banks to operate freely.
Goeasy Loss Shows Stabilization Signs, Analysts Say
Goeasy Ltd. missed Q1 earnings expectations with a loss of $1.90 per share, but analysts note credit improvements and stabilization amid ongoing portfolio challenges.
Senate Confirms Kevin Warsh as Fed Chair Amid Economic Challenges
The Senate confirmed Kevin Warsh as Federal Reserve chair in a party-line vote. He faces inflation, divided committee, and pressure from Trump while vowing independence.
Kevin Warsh Wins Senate Nod for Fed Chair as Inflation Soars
Kevin Warsh has been confirmed by the Senate as the next Federal Reserve chair, facing the challenge of taming inflation that threatens the U.S. economy.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Three Charged in DTES Drug Trafficking Bust
Three individuals face charges after police dismantle drug trafficking operations in three suites of a Downtown Eastside building, seizing drugs, weapons, and cash.
S&P/TSX down 200 points, U.S. markets mixed (13.05.2026)
Canada's main stock index fell over 200 points on Wednesday, while U.S. markets showed mixed results amid oil price concerns and tech layoff announcements.
Wall Street Steady Despite Inflation; Tech Recovers
Wall Street remained stable on May 13, 2026, despite disappointing inflation data, as tech stocks rebounded. Markets showed resilience amid economic concerns.
$500K Jewelry Stolen in Armed Robbery in Toronto
Toronto police seek suspects after $500K worth of jewelry was stolen during an armed robbery at Spadina Avenue and Bremner Boulevard. Images released.
Wall Street Mixed, Oil Steady as Trump Meets Xi in China
U.S. stocks showed mixed results early Monday while oil prices remained stable as President Trump arrived in Beijing for high-stakes talks with China's Xi Jinping.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Record Mortgage Debt, Dunkin' Donuts Return, BMO Sells Transport
Canada's mortgage debt tops $2.4 trillion, Dunkin' Donuts plans hundreds of Canadian locations, BMO sells transport financing, and tax planning tips.
US Customs Finalizes $35.5 Billion Tariff Refunds
The U.S. customs agency has finalized $35.5 billion in tariff refunds as of May 11, 2026, impacting trade and businesses.
US Senate Confirms Warsh to Fed Board, Chair Vote Likely Wednesday
The U.S. Senate confirmed Kevin Warsh to the Federal Reserve Board on Tuesday, with a vote for Fed chair expected Wednesday amid ongoing economic policy debates.
Ukraine Names Ex-Chief of Staff Suspect in Money Laundering
Ukraine's authorities have named Andriy Yermak, former chief of staff to President Zelenskyy, as a suspect in a money-laundering investigation. The probe marks a significant development in Ukraine's anti-corruption efforts.
7 charged in OPP probe into GTA driver exam bribery
Seven individuals face charges following an OPP investigation into alleged bribery of driver examiners in the Greater Toronto Area, undermining licensing integrity.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Treasury Dep't Tells Banks to Flag Iranian Money Laundering
The U.S. Treasury Department has instructed American banks to identify and report suspected money-laundering networks linked to Iran, intensifying financial scrutiny.
Auto Parts Class Action Deadline: May 12, 2026
May 12 is the deadline to claim in a $50M auto parts price-fixing class action. Lawyer Linda Visser explains eligibility. Check if your car qualifies.
Barrick Pledges US$3 Billion Buyback Before IPO
Barrick Gold Corp. plans to repurchase up to US$3 billion in shares as it prepares to spin off North American assets, aiming to boost investor confidence and close the gap with rival Newmont.
Wall Street Mixed, Oil Jumps on Iran Tensions
Wall Street ended mixed while oil prices surged after President Trump called Iran's response to a peace deal 'unacceptable,' raising geopolitical tensions.
Hit-and-run in Toronto’s west end leaves 1 injured
A hit-and-run near Queen Street West and Jameson Avenue in Toronto has left one person with serious injuries. Police are investigating.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Two face drug charges after northern Ontario traffic stop
Ontario Provincial Police seized drugs and cash worth over $16,000 in Kirkland Lake, charging a southern Ontario suspect and a local man.
Don't Bet Against the USA: Top American Stocks to Buy
Despite political rhetoric, the US remains the world's best investment destination. Discover quintessentially American stocks like Coca-Cola, McDonald's, and JPMorgan that can boost your portfolio.
Starmer Appoints Gordon Brown as Global Finance Envoy
UK PM Keir Starmer appoints former PM Gordon Brown as special envoy on global finance, aiming to unite Labour after poor local election results and boost defense investment.
Intertek Investors Push for EQT Talks After US$12B Bid
Top investors in Intertek Group are urging the board to engage with EQT after a US$12.1 billion bid, while the company rejects the offer as too low.
Canada Loses 18,000 Jobs in April; Unemployment 6.9%
Canada's economy shed 18,000 jobs in April, pushing the unemployment rate to 6.9%, according to Statistics Canada. The decline marks a setback for the labor market.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Ex-Mining CEO Charged with Fraud Over Gold Estimates in Ontario
A former mining CEO faces fraud charges from the RCMP for allegedly overstating gold estimates at a northern Ontario mine, misleading investors.
Page 3 of 34
