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Category: Economy

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🧭 Daily Market Digest (May. 5, 2026) 🤖 AI-Powered

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Latest News (21881 articles)

Economy Bloomberg
70d ago
Market Reaction to Tariffs Subdued, BMO CEO Says

Market reaction to the US Supreme Court ruling on tariffs has been subdued, said Bank of Montreal Chief Executive Officer …

Market reaction to US Supreme Court ruling on tariffs has been muted, according to BMO … High (80%)
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Economy Bloomberg
70d ago
Canada’s Mawer Names Board Member Eric Wetlaufer as Interim CEO

Mawer Investment Management Ltd. appointed Eric Wetlaufer as interim chief executive officer while Bruce Geddes takes a leave of absence …

Mawer Investment Management Ltd. has appointed Eric Wetlaufer as interim CEO, replacing Bruce Geddes who … High (70%)
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Economy Bloomberg
70d ago
US Natural Gas Inches Up as Traders Weigh Blizzard, Power Losses

US natural gas futures rose slightly Monday as traders factored in a blizzard slamming into the Northeast pushing up demand …

US natural gas futures rose slightly due to increased demand from a blizzard in the … High (80%)
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Economy Bloomberg
70d ago
Travel Bans Extended in NYC Tri-State Area

Thousands are without power and 10,000 flights have been canceled as a powerful storm rips up the US East coast. …

A powerful storm has caused widespread disruptions in the US East coast, including power outages … High (80%)
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Economy Bloomberg
70d ago
Oil Companies Get Supreme Court Hearing on Climate-Change Suits

The US Supreme Court agreed to hear an appeal by Exxon Mobil Corp. and Suncor Energy Inc. in an industry …

The US Supreme Court has agreed to hear an appeal by Exxon Mobil and Suncor … Medium (65%)
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Economy Bloomberg
70d ago
NYC Transit System Is Running, Despite 15 Inches of Snow

Parts of New York City got up to 28 inches of snow during this blizzard, but most of the transit …

New York City's transit system has largely resumed operations despite significant snowfall, with reduced schedules … High (80%)
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Economy Bloomberg
70d ago
NYSE and Nasdaq Say Stock Market Hours Unchanged Amid Blizzard

The New York Stock Exchange and Nasdaq Inc. said they will be operating their markets as normal on Monday as …

NYSE and Nasdaq have announced that stock market hours will remain unchanged despite a blizzard … High (90%)
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Economy Bloomberg
70d ago
Abbott Laboratories Kicks Off Bond Sale for Exact Sciences Deal

Abbott Laboratories is selling corporate bonds in as many as eight parts to help fund its around $21 billion acquisition …

Abbott Laboratories is issuing corporate bonds to fund its $21 billion acquisition of Exact Sciences … High (80%)
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Economy Bloomberg
70d ago
Fed’s Waller Says March Rate Cut Hinges on Labor Market

Federal Reserve Governor Christopher Waller said his decision on whether to support an interest-rate cut at the US central bank’s …

Fed Governor Christopher Waller's comments suggest that the March rate cut decision will be influenced … High (80%)
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Economy Bloomberg
70d ago
Flagship-Backed Generate Biomedicines Seeks $425 Million in IPO

Generate Biomedicines Inc., a biotechnology firm using artificial intelligence in drug development, is seeking to raise as much as $425 …

Generate Biomedicines Inc. is seeking to raise $425 million in its initial public offering, indicating … High (80%)
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Economy Bloomberg
70d ago
Cosan Mulls IPO of Gas Company as Debt Engulfs Sugar Unit

Brazilian conglomerate Cosan SA said it is mulling a share sale of its gas and energy business unit as the …

Cosan SA is considering an IPO of its gas and energy business unit to reduce … High (70%)
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Economy Bloomberg
70d ago
Snowstorm Cuts off NYC

A powerful winter storm has cut off New York City, grounding thousands of flights, as 41 million people along the …

A powerful winter storm has grounded thousands of flights and cut off New York City, … High (80%)
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