US 10-year yield storms to 5%, a level unseen since 2007
The benchmark posts its biggest one-day jump since April 2025 as traders brace for an October hike
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Canada puts $4.7 billion behind 313 Canadian-built Via Rail cars
Transport Minister Steven MacKinnon said the project will lead to 700 new jobs and that the first new car should be delivered in 2031, per The Canadian Press. CBC News reported there is no timeline yet for construction of the cars. The government announced $1.6bn in July to replace 45 Via Rail locomotives and a…
Temasek-Backed Xora Leads $53m Funding For Enterprise AI Firm Hang Ten Systems
Xora, a Temasek-backed investment fund, has led an additional $53 million seed round in enterprise AI services company Hang Ten Systems, bringing the startup’s total funding to $85 million. Mayfield, which led Hang Ten’s first seed round, and Aramco Ventures also participated in the latest financing. The company said the two seed rounds closed five…
CIRO bars Toronto rep who never answered its investigators
Desjardins approved that corporation as an outside activity in or around May 2022 after Modi said he was its sole investor, though he did not disclose that it operated as Nor-Star Financial Security. Enforcement staff also allege he never disclosed a second corporation, 13518329 Canada Inc., in which he described himself to the dealer as one of nine incorporators and a…
Why Monday.com Stock Popped in August
Monday.com (MNDY -6.43%), a workplace production software developer that has pushed into the customer relationship management (CRM) space, saw its stock rise an impressive 16% last month. Investors didn’t react well to the company’s second-quarter results, but the solid performance of a notable peer known for its CRM offerings ultimately helped turn the tide. A…
