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06/02/2026

In the early trading session on Thursday, US stocks continued their recent downward trend in the technology sector as traders priced in the ability of AI compression software to generate revenue. Microsoft, SAP, Salesforce, and ServiceNow led the industry in a downward movement amid the industry-wide valuation reset.

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3 m ago

Bank of Canada Governor Macklem: Canadian corporate executives "need to adapt" to the new economic reality; the 2% CPI target will be a "policy beacon" during the structural transformation of the economy. Given the minimal growth in labor force, it is expected that the unemployment rate will not rise.

4 m ago

Bank of Canada Governor Macklem: The transition to a new economic model may be more difficult than we anticipated. By the end of 2027, the labor market should gradually improve. It is expected that the average economic growth rate over the next two years will be 1.5%.

4 m ago

A YouGov poll shows that half of British people believe that Stammer should resign as Prime Minister.

5 m ago

Bank of Canada Governor Macklem: Cutting interest rates may raise the consumer price index, delaying necessary structural reforms; if the economic outlook changes, the Bank of Canada is prepared to respond.

5 m ago

The Governor of the Bank of Canada, Macklem, stated that if the economy is weakening due to a contraction in supply, interest rates should not be lowered.

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