County Porter Financial News

22.05 / 14:27

markets COST economy CIBC Cycling reports rowing Rate Cut inflation data interest rate cut Inflation data 'all clear' for Bank of Canada interest rate cut in June, economists say

With inflation cooling to a three-year low in April, some economists are now all but guaranteeing that the first interest rate cut of the Bank of Canada‘s tightening cycle will come in June.

21.05 / 14:05

COST UPS Sustainability Food reports Canada’s inflation rate cools to 2.7% as grocery prices ease further

The annual inflation rate slowed to 2.7 per cent in April, Statistics Canada said Tuesday, as cooling grocery price pressures offset higher fuel costs.

15.05 / 16:51

markets UPS Provident Food Moodys wellness reports Posthaste: The Bank of Canada should watch this 'hurdle' to rate cuts like a hawk

The Bank of Canada‘s June 5 interest rate call is looming ever closer, presenting the tantalizing possibility of a first interest rate cut in just over four years. But there are still hurdles to clear before the central bank can pull the trigger, one Big Six bank economist is arguing.

04.04 / 11:59

FIVE Extreme economy country rights Headlines Rising oil prices may affect timing of Bank of Canada rate cuts, economists say

Oil prices reached their highest levels in five months this week, and economists say that could make the Bank of Canada a “little concerned” as it figures out the right time to cut interest rates.

19.03 / 15:41

markets UPS Provident Bill Cycling reports Rate Cut Canada's inflation rate slows more than expected, raising odds of Bank of Canada rate cut in June

Canada’s inflation rate slowed in February, putting a potential Bank of Canada interest rate cut on the table for the summer.

07.03 / 13:01

Retirement bitcoin etfs Arizona Senate Seeks to Add Bitcoin ETFs to State Retirement Portfolios

The US state of Arizona has joined a slew of pro-Bitcoin states in embracing the asset class. Arizona Senate has proposed a resolution to consider recently-approved Bitcoin ETFs as potential investments tool for the state’s retirement system.

04.03 / 17:25

markets Target FIVE Strategy economy stage Headlines Interest rate hold widely expected in BoC’s latest decision. Are cuts close?

The Bank of Canada is expected to preach patience at its interest rate announcement this week as economists say weakening economic conditions are setting the stage for rate cuts in the coming months.

14.02 / 00:23

COST Career film actress reports Podcasts NOT Kate Winslet states her popularity after Titanic was not pleasant

popularity of Kate Winslet has increased to a great extent after acting in the 1997 film 'Titanic', which was one of the top-grossing movies in the history of cinema, however, it has arrived at a cost as per a report on USA Today. Kate Winslet said about the hysteria to Porter in an article that came out on Monday that she had the feeling that she had to be looking a certain kind or be a particular thing and due to the encroachment of media which was so important during that time, her life was not very pleasant.

27.01 / 08:33

markets COST UPS Target economy students International Student visa cap will ‘take a bit of pressure off’ rent prices: BoC’s Macklem

As the debate rages on about how to tackle rapidly rising housing costs, Bank of Canada governor Tiff Macklem says the newly announced cap on international student enrolments should help ease rent price inflation.

08.01 / 14:28

Nebraska Legislators Introduce Bill to Aid Bitcoin Mining in Residential Properties

Nebraska has introduced a bill that seeks to reshape the state’s crypto and Bitcoin mining structures, licenses, and ownership.

04.01 / 16:12

Blockchain Digital Bill Actor voice innovations reports Senator Thom Tillis Adds Voice in Opposition to Warren’s Anti-Crypto Bill

Senator Thom Tillis (R-NC) has voiced his opposition to Senator Elizabeth Warren’s (D-MA) recently proposed anto-crypto bill, according to a letter published by Satoshi Act Fund CEO and co-founder, Dennis Porter.

19.12 / 12:15

Manufacturing economy pandemic show performer track dance Posthaste: Worst is yet to come for Canada's economy

With all this talk of Goldilocks lately, you might think the economy is out of the woods.

07.12 / 20:09

FIVE Fighting economy CIBC reports prevention Posthaste: Why these economists think the Bank of Canada will cut rates as early as April

Good morning,

07.12 / 14:39

Target FIVE Progressive Fighting economy pandemic reports Countdown to rate cuts has begun: What economists say about Bank of Canada's hold

The Bank of Canada is holding its benchmark lending rate at five per cent, but warned that it was prepared to hike rates again if necessary, adding a hawkish overtone — tinted with a “dovish undertone” — to its third consecutive hold.

28.11 / 09:01

BTC ETF CEO President Bitcoin Crypto miners Crypto Advocates Mention Bitcoin Mining as a “Critical Tool” for Clean Energy and Balancing Grid

A number of crypto advocates have emphasized the significance of Bitcoin (BTC) mining as a “critical tool” for clean energy usage and grid balancing.

28.11 / 05:30

Energy renewable energy Energy Consumption Bitcoin Nic Carter, other pro-Bitcoiners fight climate impact narrative in new paper

Bitcoin mining is a “critical tool” for clean energy and balancing the grid, according to a new working paper penned by Bitcoin advocates and the former president of ERCOT, the operator of Texas’ electrical grid.

21.11 / 19:51

Target economy Nov pandemic show reports travelers Cooling inflation raises odds of Bank of Canada interest rate hold

Inflation in Canada slowed to 3.1 per cent year over year in October from 3.8 per cent the month before, leading some economists to predict an interest rate cut by the Bank of Canada as early as next spring.

02.11 / 20:59

Gap economy Southern pandemic country outbreak pneumonia Posthaste: Outlook for Canadian dollar darkens in world of risks

So what’s up with the Canadian dollar?

25.10 / 17:11

UPS Target FIVE Progressive Fighting economy show 2024 end 3% by the end of 2024: What economists say about Bank of Canada's latest rate decision

The Bank of Canada held its benchmark interest rate at five per cent on Oct. 25, its second consecutive pause, meeting economist expectations amid a slowdown in the economy.

10.10 / 07:42

Citi Dreams Highways President country services Porter launches intracity logistics services in Kanpur

Porter has announced its foray into Kanpur with its diversified logistics services. The tech-based on-demand logistics companies seeks to ensure efficient and hassle-free goods movement through its range of vehicles.

12.09 / 13:29

UPS RBC CIBC Posthaste: How higher oil prices could fuel another Bank of Canada interest rate hike

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