The S&P 500 fell 1.1% as of 10:20 a.m. Eastern. The Dow Jones Industrial Average fell 288 points, or 0.8%, to 34,141 and the Nasdaq fell 1.2%.
Investors are weighing several international developments that could further unsettle a global economy that is already getting burned by stubbornly hot inflation. China is lifting some of its most severe COVID-19 restrictions following protests across major cities. That has raised hopes that disruptions to manufacturing and trade will ease.Inflation, rising interest rates and the potential for recessions throughout global economies are among the biggest concerns for investors.
Tesla fell 5.1% following reports that it may have to cut production in China because of weak demand.
I'm tired of our governments manipulating the price of oil
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Wall Street hunts for recession plays to weather potential 2023 turbulenceInvestors in the coming week are awaiting economic data on the U.S. services sector
Source: globeandmail - 🏆 5. / 92 Read more »
Assembly of First Nations hosts a Special Chiefs Assembly from Dec. 6-8 in OttawaMONDAY, DEC. 5 House Sitting—The House is sitting Dec. 5-Dec. 16 every weekday and will adjourn on Friday, Dec. 16. The House is scheduled to sit 26 weeks in 2023. It will resume sitting Monday, Jan. 30, 2023, and will sit for three straight weeks (Jan. 30-Feb. 17). It will break on Friday, Feb. 17, and will return on Monday, March 6. It will sit for one week and will adjourn on Friday, March 10. It will return on Monday, March 20, and will sit for two weeks (March 20-March 31). It will break again on Friday, March 31, for two weeks and will return on Monday, April 17, and will sit for five consecutive weeks (April 17-May 19). It will adjourn on Friday, May 19, for one week and will return again on Monday, May 29, and will sit for four consecutive weeks (May 29-June 23). It’s scheduled to adjourn for the summer on June 23, 2023. It will break for 12 weeks (June 23-Sept. 18) and will resume sitting on Monday, Sept. 18. It will sit for three weeks (Sept. 18-Oct. 6), and will adjourn on Friday, Oct. 6, for a week. It will resume sitting on Monday, Oct. 16, and will sit for four consecutive weeks (Oct. 16-Nov. 10). It will break for one week (Nov. 13-Nov. 17) and will resume sitting on Monday, Nov. 20, and will sit for for four weeks (Nov. 20-Dec. 15). Institute of Public Administration of Canada Holiday Celebration—The Institute of Public Administration of Canada, National Capital Region, hosts an in-person gathering on Dec. 5 to mark the holiday season for members and friends to meet fellow colleagues interested in public administration. Come dressed either in your holiday best, or in your ugliest and tackiest holiday sweater to increase your chances of winning a door prize. Tickets at eventbrite.ca. TUESDAY, DEC. 6 Assembly of First Nations’ Special Chiefs Assembly—The Assembly of First Nations hosts a Special Chiefs Assembly from Dec. 6-8. This event will take place at the Westin Ottawa, 11 Colonel By Dr., Ottawa. Details: afn.ca. Auditor General Karen Hogan will ta
Source: TheHillTimes - 🏆 11. / 79 Read more »
Hearing to start Monday on why Canada won't allow aid workers to help in AfghanistanThe Senate's human-rights committee is expected to launch hearings today into why Canada won't allow humanitarian workers to help in a troubled Afghanistan. Cool..... Any hearing on why our corporate press advocated for fascism? Because Talibanistan is too dangerous, why do we need a hearing for the obvious? Maybe because we are stretched much too thin as it is?
Source: CP24 - 🏆 30. / 67 Read more »
Union vote results released Monday morningThe union representing roughly 55,000 Ontario education workers will announce today (Monday) the results of a ...
Source: quintenews - 🏆 76. / 51 Read more »
Chance of flurries or showers and a high of 1 C for MondayIt's going to be slightly warmer out there than the average Dec. 5
Source: sudburydotcom - 🏆 6. / 89 Read more »
Ontario education workers union to release contract ratification vote results on MondayThe union representing Ontario’s 55,000 education workers plans to release the result of its contract ratification vote tomorrow. Oh these thugs still at it CUPE care nothing about the children! It's all about greed!! 🖕🏽 Greedy CUPE lost parents support & over estimated their workers' value. The public figured out their BS
Source: CP24 - 🏆 30. / 67 Read more »