“This government doesn’t give a damn about working people,” Farage, whose party topped the polls in local elections last week, said in a video on X. “The Labour Party have this time, in a big, big way, betrayed working Britain. This deal is truly appalling.”
If public markets sour, there should be plenty of opportunities in private markets, especially beyond traditional direct lending, according to the CEO of Canada’s Public Sector Pension Investment Board, Deborah Orida. She said the board may shift money from public markets into private credit assets like infrastructure, which should prove especially resilient if inflation picks […]
Tuchler says the turmoil around tariffs has landed him in a maddening “game of chicken,” in which he can only guess what his import-tax bill might be when it actually comes due. His e-commerce site just placed an order from China for “literally $80,000 worth of stockings,” Tuchler says. “Or is it going to cost […]
Canada, whose tariffs aren’t affected by the temporary reprieve, is going to take it’s time, too. “We don’t have to do a deal in the short term,” Canadian Prime Minister Mark Carney told reporters Thursday, as he campaigned in British Columbia ahead of the April 28 election. “My government will do the right deal.”
So far, though, the hiring pace has cooled just a bit, and there are no signs of widespread layoffs. On Friday, the closely watched monthly employment report is forecast to show a 130,000 increase in payrolls — about 100,000 less than the larger-than-expected March gain. The jobless rate is projected to hold at 4.2%.
“As financial volatility increases, uncertainty proliferates,” said Elad Shraga, chief investment officer at Signal Capital Partners. “It is reasonable to assume that PE exits will be delayed, in some cases meaningfully, therefore sponsor-driven credit might face increased stress,” adding he worries about the rise in PIK usage.
Pricing for new orders on Tesla’s site as of April 26 was higher than for the same models listed as being in inventory. For example, the sticker price of long-range Model 3 cars with all-wheel drive was listed as C$79,990 ($57,700) for a new order, but those same 2025 model year vehicles already in inventory […]
The order as written would eliminate, among others, the Bureau of African Affairs, the special envoy for climate, the Bureau of International Organizations, and the Office of Global Women’s Issues, as well as a number of other public diplomacy and public affairs bureaus.
In the US, investors will watch for any additional deterioration in consumer sentiment and inflation expectations when the University of Michigan issues revised data April data on Friday. Tariffs, and the risk they pose to both the economy and inflation, have been on the mind of survey respondents in recent months.
The largest spending promises include an income tax cut, defense spending, housing investments and a trade diversification fund to increase Canada’s ability to export to markets other than the US. The plan estimates C$20 billion in revenues from Canada’s retaliatory tariffs this fiscal year, which the Liberals say they would redistribute entirely to workers and […]