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Business

Business

Oil Prices Plunge Below $100 Amid Middle East Conflict

Jack Penrose -
Oil prices experienced significant volatility, dropping below $100 US per barrel after hitting their highest point since 2022. The market turbulence was attributed to...
Business

Canada’s Fuel Prices Surge Amid Middle East Conflict

Jack Penrose -
Fuel prices in Canada surged this week due to the escalating conflict in the Middle East, leading to a spike in oil prices. By...
Business

“Chinese-Made Electric Vehicles Enter Canadian Market”

Jack Penrose -
The Canadian automotive market welcomed Chinese-made electric vehicles starting March 1. However, the availability of BYD or Chery EVs on Canadian roads may not...
Business

“U.S. Crude Oil Surges Past $90 Amid Iran Conflict”

Jack Penrose -
U.S. crude oil prices surged above $90 per barrel on Friday, marking a milestone not seen in over two years. West Texas Intermediate (WTI)...
Business

“Brent Crude Surges 10%, Threat of $100/Barrel Looms”

Jack Penrose -
Brent crude surged by 10% to approximately $80 per barrel on Sunday, according to oil traders. Analysts are forecasting a possible increase to $100...
Business

“Trump Administration Bans Anthropic AI Amid Security Concerns”

Jack Penrose -
The Trump administration issued a directive on Friday instructing all U.S. agencies to discontinue the use of Anthropic's artificial intelligence technology and imposed significant...
Business

AI Firm Anthropic Adjusts Safety Approach for Competitive Edge

Jack Penrose -
Anthropic, an artificial intelligence (AI) firm known for its Claude chatbot and initial emphasis on safety measures, seems to be revising its safety approach...
Business

“Global AI Investment Sparks Memory Chip Shortage”

Jack Penrose -
The surge in investment in artificial intelligence has caused a global shortage of memory chips, posing a significant challenge for consumer electronics companies worldwide....
Business

“Canada’s GDP Shrinks in Q4, Below Expectations”

Jack Penrose -
Canada's economy shrank in the fourth quarter, falling short of expectations, as manufacturers depleted their inventories to meet demand instead of producing new goods,...
Business

“Instagram Alerting Parents on Teen Self-Harm Searches”

Jack Penrose -
Instagram has announced a new feature that will alert parents if their teenagers repeatedly search for terms related to self-harm or suicide in a...
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