News
Bank of Canada Governor Macklem: The Bank of Canada believes there is limited evidence of price pressures spreading.
Bank of Canada Governor Macklem: The GDP rebound has strengthened the economic foundation.
White House officials say President Trump will meet with CEOs of major travel companies including Marriott, American Airlines Group (AAL.O), Carnival Cruise Line (CCL.N), and MGM.
U.S. Central Command spokesman Hawkins claimed that the U.S. does not target civilians. In response, Iranian Foreign Ministry spokesman Baghae stated that Hawkins had clearly forgotten the U.S. military's past record: the Kakarak attacks in 2002, the Mukaradib attacks in 2004, and the Debara and Wech Baghtu attacks in 2008—all documented U.S. attacks in Afghanistan and Iraq that resulted in the deaths of civilians, including women and children. He had also forgotten that even the American-made TV series *Homeland* depicted a U.S. drone strike on a wedding in Pakistan in its fourth season—an attack that killed approximately 40 civilians. The reality is so horrifying that even the U.S. propaganda machine has never dared to make such a boast as Hawkins has today. Sirik is not a story. The civilians are real. The victims are real.
According to Politico: Sources say that UK Chancellor of the Exchequer Healy will give a speech on economic growth on September 7.
The Bank of Canada will announce its interest rate decision in ten minutes.
The Dow Jones Industrial Average opened 230.07 points higher, or 0.44%, at 52,996.95 on Wednesday, September 2nd; the S&P 500 opened 3.42 points higher, or 0.04%, at 7,634.96; and the Nasdaq Composite opened 26.34 points lower, or 0.10%, at 26,073.44.
According to the Wall Street Journal, Canada plans to extend the gas tax credit until early 2027.
Mexican central bank deputy governor: Interest rates may be cut next year.
The deputy governor of the Central Bank of Mexico said that interest rates will not be cut in the short term because it is necessary to pay attention to the progress of inflation.
Ford Motor Company (F.N) sold 170,681 vehicles in August, up 10.3% year-over-year.
The deputy governor of the Central Bank of Mexico said: "The risk assessment continues to rise, primarily due to persistent inflation in the service sector."
U.S. Energy Secretary Wright: The U.S. Navy is releasing oil into the market.
U.S. Energy Secretary Wright: The U.S. Navy is "suppressing Iranian attacks".
U.S. Energy Secretary Wright: Venezuelan oil production will support crude oil swap operations.
The deputy governor of the Central Bank of Mexico said that the recent inflation data was "very good," but not a victory.
The Ukrainian Ministry of Defense stated that Ukraine attacked 12 large Russian oil refineries in August.
U.S. Energy Secretary Wright: Agreements have been signed with Italian oil companies Eni and GE Vernova.
U.S. Energy Secretary Wright: Oil fields will be developed for Americans and Venezuelans.
U.S. Energy Secretary Wright: Efforts to restructure Venezuela's debt are still ongoing.