Jeff Rosenberg, senior portfolio manager at BlackRock, stated that inflation pressures might be nearing their peak despite recent hotter-than-expected consumer and producer price inflation reports. He noted that underlying inflation measures, such as core PCE, are more stable and tariff-related inflation pressures may ease soon. The hotter inflation data pushed Treasury yields higher and reduced expectations for near-term Fed rate cuts, but bond market reactions remain restrained as investors focus on underlying trends. Rosenberg also warned of potential pressure on long-term government bonds due to rising borrowing needs, while corporate credit markets remain strong amid AI-driven growth enthusiasm.
Wendy's Canada has introduced a new seasonal menu featuring a strawberry salad made with fresh greenhouse-grown ingredients and 100% Canadian chicken breast. The salad includes mesclun greens, hand-cut strawberries, roasted corn, white cheddar, and p...
Exclaimer has launched a new integration with UKG Ready, expanding its HRIS integration capabilities to automate the synchronization of employee data from HR systems into email signatures and meeting themes. This move addresses the growing trend of o...
The Thailand elevator and escalator market is projected to grow at a compound annual growth rate (CAGR) of 3.2% from 2025 to 2031, driven by rapid urbanization and expanding commercial infrastructure. Key players like Otis, KONE, and Mitsubishi domin...
Rogers Communications is investing $22 million to enhance its 5G+ network around BMO Field and nearby areas in Toronto ahead of the 2026 FIFA World Cup. The upgrade includes adding wireless infrastructure equivalent to 16 cell towers, deploying addit...
Amazon has discontinued its Rufus chatbot and introduced Alexa for Shopping, a new AI-powered assistant that combines Rufus's features with Alexa+. This tool personalizes shopping experiences using user data and is accessible via Amazon's website, ap...
