Financial Insights That Matter EPA Robert Habeck has previously warned that the economic situation in Germany was ‘dramatically bad’ The German economy is in “troubled waters,” according to country’s economy minister. Robert Habeck said the German government’s forecast for economic growth for 2024 had been revised down from 1.3% to 0.2%. This means that Europe’s […]
Canada’s services PMI shows sector contracting further in July #CanadaFinance
Financial Insights That Matter By Fergal Smith TORONTO (Reuters) – Canada’s services economy deteriorated in July as activity and new business declined, while elevated wage costs contributed to increased inflation pressures, S&P Global Canada services PMI data showed on Tuesday. The headline business activity index edged up to 47.3 from 47.1 in June but was […]
Surprise BlackRock âTipping Pointâ Predicted To Send Bitcoin Price To $200,000 #CriptoNews
Financial Insights That Matter Bitcoin has hit a fresh all-time high, rocketing higher after traders braced for a BlackRock exchange-traded fund (ETF) price shock. Unlock over $3,000 in perks including unparalleled access to a community of top Web3 entrepreneurs, creators, and investors, providing you with premium networking, priority access to global events, Free access to […]
What is postal banking, and will it make a comeback in the U.S.? #CashNews.co
Cash News Postal banking is a system in which local post offices provide basic financial services, such as check cashing, savings accounts, and small loans. The U.S. Postal Service (USPS) used to offer banking services through the Postal Savings System, which operated from 1911 to 1967. Today, however, those services are largely unavailable, though a […]
Canada to invest in Mississauga-based Eurofins CDMO Alphora Inc. #CanadaFinance
Financial Insights That Matter Project will strengthen domestic production of antibody and other protein-based therapies MISSISSAUGA, ON, Aug. 7, 2024 /CNW/ – The Government of Canada continues to strive for innovative solutions and prioritize the revitalization of long-term domestic biomanufacturing capacity, positioning Canada at the forefront of antibody therapeutic development. Today, Charles SousaParliamentary Secretary to […]
Bitcoin hovers near $100,000 as post-election highs continue. Here’s what to know. #CriptoNews
Financial Insights That Matter Bitcoin topped $98,000 for the first time Thursday, extending a streak of almost daily all-time highs since the U.S. presidential election. The cryptocurrency has rocketed more than 40% in just two weeks. Now, bitcoin is at the doorstep of $100,000 and investors do not appear to be fazed by gravity or […]
Cannabis stocks jump on Canada, Germany moves #NewsGerman
Financial Insights That Matter Cannabis-related stocks such as Tilray Brands (TLRY), Canopy Growth (CGC), Aurora Cannabis (ACB) jumped on news out of Canada and Germany. In Canada, a government group brought together to study the impacts of the legalization legislation recommends the country reduce the excise taxes producers have to pay. Meanwhile, Germany has decriminalized […]
Government of Canada announces over $1M in support for five innovative Montréal businesses #CanadaFinance
Financial Insights That Matter MY01, Stathera, InfinityQ Technology, Sinistar and Solutions Beeye receive a total of $1,150,000 in financial assistance from CED. MONTRĂAL, Aug. 21, 2024 /CNW/ – Canada Economic Development for Quebec Regions (CED) Supporting business growth and innovation contributes to economic development in Quebec’s regions. That is why the Honourable Soraya Martinez Ferrada, Minister of Tourism and Minister responsible for CED, today announced repayable contributions totalling $1,150,000 for MY01, Stathera, InfinityQ Technology, Sinistar and Solutions Beeye to boost their commercialization efforts. This CED assistance will enable the five […]
Lutnickâs Cantor in Talks With Tether About Bitcoin Lending Program (USDT) #CriptoNews
Financial Insights That Matter Howard Lutnick is moving to strengthen his alliance with one of the most important and controversial names in the digital-asset business: Tether Holdings Ltd. Lutnick is in talks to deepen the financial ties between his businesses and the company behind the worldâs largest stablecoin, according to people familiar with the matter. […]
What does it mean when a check bounces? #CashNews.co
Cash News If youâve ever written or received a check that canât be deposited, you know the mild panic it can cause. Bouncing a check is never fun, and as either party, you may face consequences. Typically, these consequences include fees â but legal action or other long-term ramifications are possible too. Read on to […]