June Jobs Report Falls Short of Forecasts
The U.S. economy added 57,000 jobs in June, the Bureau of Labor Statistics reported on July 2, well below both the consensus estimate of 115,000…
Oura and Inspire Brands Consider IPOs
Wall Street’s IPO calendar is filling up again. U.S. companies have raised about $137 billion through traditional public offerings this year, putting 2026 within reach of the roughly $156 billion…
DoorDash Adds Drones to Delivery Fleet
DoorDash has earned federal clearance to fly its own delivery drones commercially and unveiled a new in-house program called DoorDash Air, adding aircraft to a delivery network that already combines…
June Jobs Report Falls Short of Forecasts
The U.S. economy added 57,000 jobs in June, the Bureau of Labor Statistics reported on July 2, well below both the consensus estimate of 115,000 and the downwardly revised 129,000…
Consumers Post Strongest Borrowing Streak in Years
Federal Reserve data released Friday showed total consumer credit rising $20.7 billion in April, following a $22.2 billion gain in March, the strongest back-to-back monthly increase since late 2022. Both…
Daryl Katz’s OEG Brings 2028 World Cup of Hockey to Alberta
Under the leadership of Daryl Katz, entrepreneur, philanthropist, Founder and Chairman of OEG Inc., and owner of the National Hockey League’s Edmonton Oilers, Alberta’s selection as the North American host…
Labor Market Strength Extends Fed Patience
The April jobs report gives the Federal Reserve a labor market that is sturdy enough to delay rate cuts, while leaving companies to manage financing costs that remain higher for…
Nintendo Sequel Lifts Global Box Office
“The Super Mario Galaxy Movie” has opened as the biggest hit of 2026 so far, collecting about $372.5 million worldwide in its first weekend. The animated sequel from Illumination and…
Supply Chains Drive Warehouse Space Demand
Demand for large warehouses is picking up again after a slower stretch, as companies rethink how they move and store goods. Over the past year, more firms signed leases for…
Devon Coterra Deal Strengthens Permian Footprint
Devon Energy has agreed to merge with Coterra Energy in an all stock transaction valued at about $58 billion. The combination brings together two large independent oil and gas producers…
UPS Refocuses For 2026
UPS is planning a major shift in 2026, reducing up to 30,000 operational jobs, which translates to about 6% of its global workforce. Most of the change is expected to…