U.S. stocks edge lower as oil prices return to rising
U.S. stock indexes are drifting lower on Tuesday, while oil prices rise again. The S&P 500 was down 0.2 per cent in afternoon trading.
World oil demand to keep growing this decade despite 2027 China peak, IEA says
Global oil demand will keep growing until around the end of this decade despite peaking in top importer China in 2027, as cheaper gasoline and slower electric vehicle adoption in the United States support consumption, the International Energy Agency said on Tuesday.
Mali takes control of Canadian-owned Barrick Gold mine over tax dispute
A judge in Mali on Monday ordered Barrick Gold’s Loulo-Gounkoto gold complex to be placed under provisional administration for six months in an ongoing dispute between the Canadian mining company and the West African nation’s military government over unpaid taxes.
Wall Street recovers from Friday’s shock as U.S. stocks rise and oil prices ease
Calm returned to Wall Street on Monday, and U.S. stocks rose, while oil prices gave back some of their initial spurts following Israel’s attack on Iran.
S&P/TSX composite closes up, U.S. stock markets also higher
Canada’s main stock index was up more than 150 points in late-morning trading, helped by strength in the base metal and technology sectors.
Crypto platform Tron strikes deal with Nasdaq-listed company
Justin Sun’s crypto platform, Tron has reached a deal with Nasdaq-listed company SRM Entertainment to have Sun join the company as an adviser.
Brianne Gardner’s Top Picks for June 16, 2025
Top picks from Brianne Gardner, Senior Wealth Manager, Velocity Investment Partners, Raymond James.
Barrick stripped of gold mine operation for six months by Mali court
A Mali court ruled Monday that western gold mines held by Canadian giant Barrick would be managed for six months by an appointee, effectively stripping operation of one of the world’s largest gold complexes from the firm.
OPEC expects solid second-half of 2025 for world economy, trims 2026 supply
OPEC said it expected the global economy to remain resilient in the second half of this year and trimmed its forecast for growth in oil supply from the U.S.
Shares of meatpacking giant JBS rise slightly in debut on the NYSE
Shares of Brazilian meat giant JBS gained 1.6 per cent in as they made their debut Friday on the New York Stock Exchange.
Oil prices leap 7% and US stocks slump more than 1% on worries about the crude market
Oil prices are leaping, and stocks are falling Friday on worries that escalating violence following Israel’s attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy.
Search for gold to offset cost of disaster at Yukon mine, government says
A court-appointed receiver plans to start sifting for gold in cyanide-laced water stored at the Eagle Gold Mine in Yukon.
Shaquille O’Neal to pay US$1.8 million to settle FTX class action lawsuit
Former NBA player Shaquille O’Neal will pay US$1.8 million to settle a class action lawsuit related to the demise of cryptocurrency exchange FTX.