During the Second World War Canada punched substantially above its weight. More than a million Canadians and Newfoundlanders (the province didn’t join the national federation until 1949) served, and 45,000 lost their lives. Canadian pilots excelled in the Battle of Britain and then in Bomber Command, and by 1945 the Canadian navy was the fourth […]
United Parcel Service (NYSE: UPS) stock gained an impressive 83% between 2020 and the end of 2021 — benefiting from a shift away from services and in-store shopping toward home delivery. But since the beginning of 2022, UPS is down over 35% compared to a 12% gain in the S&P 500. Here’s why the high-yield […]
Consistently investing in the stock market is a proven wealth creator. Over the long term, stocks produce better returns than almost any other asset class. While stocks as a group consistently climb in value over time, economic cycles lead some segments to outperfom others when you zoom in on a few years at a time. […]
Emergency crews are conducting a water search in the Norton Reservoir after a man reportedly dove into the water without resurfacing earlier in the evening. According to Norton officials, a 40-year-old man jumped from the back of a boat around 6:30 p.m. and has been missing ever since. Two men on the boat allegedly told […]
HAWAII VOLCANOES NATIONAL PARK – Officials have started to lower alert levels within Hawaii Volcanoes National Park after the Kīlauea volcano began to erupt early Monday morning in an area that hasn’t seen an eruption in nearly 50 years. According to an alert from the USGS Hawaiian Volcano Observatory (HVO), the Volcano Alert Level for […]
Over long stretches, Wall Street has demonstrated that it’s a wealth-creating powerhouse. Compared to other asset classes, including gold, oil, housing, and Treasury bonds, stocks have handily outperformed on an annualized return basis over the last century. But when the lens is narrowed to just a few months or a couple of years, the performance […]
WASHINGTON (AP) — Acknowledging only “an uptick” in Israeli military activity, the United States has gone to lengths to avoid any suggestion that Israeli forces have crossed a red line set by President Joe Biden in the deepening offensive in the southern Gaza city of Rafah. In just the past week, Israeli strikes that hit […]
Elon Musk says he hasn’t talked to Donald Trump about joining his government if Trump’s elected. Musk was responding to earlier reports saying that Trump was mulling an advisory role for him. The billionaire has grown critical of President Joe Biden but has stopped short of endorsing Trump. Elon Musk says he hasn’t spoken to […]
Congressional Staff for a Ceasefire Now is a group of more than 150 Capitol Hill staffers. One organizer told BI they’ve protested on Capitol Hill to amplify their constituents’ voices. They also say the organizing has given staff an excuse to stay during an otherwise difficult time. This as-told-to essay is based on a conversation […]
Read the full story on Backfire News Ferrari Owners Claim Automaker Hasn’t Corrected A Dangerous Defect Automakers get sued more regularly than most people would assume, but a proposed class action suit against Ferrari has garnered significant attention. Perhaps the alleged defect involving the brakes malfunctioning on cars worth considerable sums has shocked many. Check […]
Billionaire businessman Sir Jim Ratcliffe has said Brexit hasn’t worked and that voters will turn to Labour as a result. The Manchester United co-owner and Ineos founder was a vocal supporter of the UK leaving the EU but has criticised the government’s delivery of Brexit, saying it has ultimately failed to address immigration. Ratcliffe, who […]
Shares of electric vehicle (EV) maker Rivian Automotive (NASDAQ: RIVN) sank Wednesday after rising early in the week on the brief resurgence of interest in meme stocks. As of the close of trading, Rivian was down by about 8.9% from Tuesday’s closing price — but still up about 2% since the end of last week. […]