Author: Daniel snow

A ‘fundamental regime shift’ could be underway as investors rethink U.S. assets, ECB says

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[ad_1] Luis de Guindos, vice president of the European Central Bank (ECB), at a rates decision news conference in Frankfurt, Germany, on Thursday, Jan. 30, 2025.Alex Kraus/Bloomberg via Getty ImagesThe European Central Bank on Wednesday said a “fundamental regime change” could be underway in financial markets as investors appear to be reassessing how risky U.S. assets really are in the wake of trade tariffs.In its latest Financial Stability Review, the central bank discussed the recent spike in market volatility off the back of global trade tensions driven by U.S. tariff policy.Markets have been reacting sensitively to the frequent updates around…

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Burger King targets families with ‘How to Train Your Dragon’ team-up

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[ad_1] Burger King’s “How to Train Your Dragon” menu items include the Dragon Flame-Grilled Whopper, Fiery Dragon Mozzarella Fries, Soaring Strawberry Lemonade and the Viking’s Chocolate Sundae.Source: Burger KingAs Burger King enters the next phase of its turnaround efforts, the fast-food chain is trying to lure families back to its restaurants with colored Whopper buns and kid-friendly movie partnerships.Starting Tuesday, the Restaurant Brands International chain will sell new menu items inspired by the “live action” remake of “How to Train Your Dragon.” The collaboration is more than just a one-time partnership — it’s part of Burger King’s broader strategy to…

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Democratic Rep. Gerry Connolly of Virginia dies after battling cancer

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[ad_1] Congressman Gerry Connolly (D-VA) questions witnesses during a House Committee on Oversight and Government Reform hearing titled “A Hearing with Sanctuary City Mayors” in Washington, DC on March 5, 2025. Anadolu | Anadolu | Getty ImagesDemocratic Rep. Gerry Connolly of Virginia has died at the age of 75 after a battle with esophageal cancer, his family said in a statement Wednesday.”It is with immense sadness that we share that our devoted and loving father, husband, brother, friend, and public servant, Congressman Gerald E. Connolly, passed away peacefully at his home this morning surrounded by family,” read a statement posted…

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Canada Goose (GOOS) Q4 earnings report 2025

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[ad_1] Canada Goose jackets for sale inside a Nordstrom store in Toronto, Ontario, Canada, on Tuesday, March 21, 2023. Nordstrom will close its six Canadian department store locations and seven Nordstrom Rack shops, as CEO Erik Nordstrom said the company no longer sees a realistic path to profitability in the country, The Canadian Press reports. Photographer: Cole Burston/Bloomberg via Getty ImagesCole Burston | Bloomberg | Getty ImagesShares of Canada Goose rose around 8% on Wednesday after the company reported fiscal fourth-quarter earnings that beat analysts’ estimates, though the company pulled its fiscal year 2026 outlook due to “macroeconomic uncertainty.”The luxury…

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How lumber duties could worsen home affordability in the U.S.

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[ad_1] Volatile lumber prices are once again rattling the U.S. housing market, squeezing builders and threatening to exacerbate an already dire affordability crisis.Softwood lumber prices in April surged 23% year-over-year, while futures rose sharply in early 2025 amid fears of increased U.S. duties and widespread sawmill closures across North America, according to the National Association of Home Builders.This has weighed heavily on major homebuilders such as Lennar, D.R. Horton and Toll Brothers, which have all seen their stocks slump this spring.A freight truck carrying timber crosses the border to Canada from the U.S. in Champlain, New York, U.S., March 11,…

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