Another inflation report just flashed warning signs
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The much-debated pied-à-terre tax in New York City is looking less and less like a powerful tool to bring in more revenue for the city. The Department of Finance granted more than 6,800 exemptions to homeowners looking to be excluded from the tax, Crain’s reported, representing more than half of the 11,000-plus applications the city…
As the AI boom becomes a major part of political debate, the public backlash against data centers in the U.S. is spreading to Europe and Asia — raising risks for investors. Across the Atlantic, negative sentiment is growing in Europe, which has more at stake due to its densely populated countries and higher electricity prices,…
Her track record spans retail banking, wealth management, and large consumer-facing businesses, a profile that maps directly onto CIBC’s areas of strategic investment. The bank serves 15 million personal banking, business, public sector and institutional clients across Canada, the United States and internationally. That investment has already produced measurable results. In June 2025, CIBC won the…
Bill Gates has a plan to ensure that humans keep getting paid in an AI jobs apocalypse: Tax the robots. In an interview with Ezra Klein of The New York Times that aired on Tuesday, the billionaire philanthropist said that “society gets to decide” how to support its workers — even if AI is pushing…
The recent rise in bond yields has created duration risk for debt-fund investors. The 10-year government security (G-sec) yield closed at 6.97 per cent on September 4, up from a recent low of 6.69 per cent on July 6, 2026. Investors need to select debt fund categories carefully in the current environment and also align…
Putilich | Istock | Getty Images Analysts and pundits in finance have an endless supply of clever, simplistic explanations for complex market movements. Over the years, culprits have ranged from El Niño and climate change to the World Trade Organization, rock ‘n’ roll music and the fluoridation of water. Many of these explanations proved wrong, yet commentators…