Global Markets: Global tech outage affects numerous industries

The following is a glance at the news moving markets in Canada and globally. – Operations in multiple industries including airlines, banks and media outlets were disrupted by a global tech outage on Friday. Cybersecurity firm Crowdstrike took responsibility for the disruptions, citing a defect found in a content update for Microsoft Windows machines and

Global Markets: Biden tests positive for COVID-19

The following is a glance at the news moving markets in Canada and globally. – United States President Joe Biden announced on Wednesday he tested positive for COVID-19 and will recuperate in his home state of Delaware over the weekend. Biden had planned to speak to Latino civil rights group UnidosUS in Las Vegas but


Global Markets: Toronto deluged by summer storm

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – A large midday rain event caused power outages and flash flooding in Toronto on Tuesday. Many commuter routes were drenched with up to 100 millimetres of precipitation in only a matter of hours. Dozens of vehicles

Global Markets: Trump selects Vance as running mate

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Republican presidential candidate and former United States President Donald Trump officially named Senator J.D. Vance (R-Ohio) as his vice-presidential running mate on the first night of the Republican National Convention in Milwaukee on Monday. Vance, a former


Global Markets: Trump survives assassination attempt

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Former United States President Donald Trump was wounded in an attempt on his life at his campaign rally in Butler, Pa. on Saturday. Trump was speaking to a crowd of supporters when loud gunshots were heard.

Global Markets: AT&T reveals massive breach

Includes customers in Canada

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Multinational telecommunications company AT&T announced on Friday that tens of millions of cellphone customers, including those in Canada, were exposed to a massive data breach from May to October 2022. Officials


Global Markets: U.S. inflation slips back in June

Comes in below analysts' expectations

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Consumer prices in the United States fell 0.1 per cent in June which marked the first such decline since the start of the COVID-19 pandemic, according to the Bureau of Labour



Global Markets: Canadians worrying about their finances

Majority say they're struggling with inflation

By Glen Hallick   Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   TransUnion released survey results on Tuesday of Canadian consumers, finding that 57 per cent said their incomes are not keeping up with inflation. Also, 38 per cent said they expect bill

Global Markets: French voters choose left, centrist parties

Majority hopes for far-right sputter

The following is a glance at the news moving markets in Canada and globally.   While no party or alliance won an outright majority in France’s second round of parliamentary elections on Sunday, the expected big win by the far-right National Rally didn’t materialize. With about two-thirds of French voters casting their ballots, the New