Verses AI Inc. Announces Closing of $20,000,000 Prospectus
Verses AI Inc. has successfully closed a “reasonable best efforts” offering, issuing 12,738,853 units at C$1.57 each, raising approximately C$20 million. Each unit includes one Class A Subordinate Voting Share and half a share purchase warrant, which allows the purchase of one share at C$1.96 until January 9, 2028. The offering, managed by A.G.P. Canada, […]
Will the Federal Reserve Increase Interest Rates in 2025?
When the Federal Reserve jolted markets in December, it wasn’t with its decision to cut interest rates by a quarter point, but with big changes in its rate forecasts for 2025. Fed officials indicated they now expect to cut rates by just a half point in 2025, which would likely mean two rate cuts at […]
Newsletter Writer Reveals Favorite Battery Metal Selections
Newsletter Writer Shares Top Battery Metal Picks In the evolving landscape of investment opportunities, particularly in the realm of industrial and battery metals, the market presents a mix of caution and optimism. While the long-term outlook remains promising for many of these resources, short-term fluctuations and challenges necessitate a careful approach to investment. Companies like […]
Jay Kaduson Appointed CEO of Workplace Solutions at Voya Financial
Jay Kaduson to join Voya Financial as CEO of Workplace Solutions NEW YORK, January 08, 2025–(BUSINESS WIRE)–Voya Financial, Inc. (NYSE: VOYA) announced today that Jay Kaduson, an experienced financial services executive, will join the company on Jan. 16, 2025, as chief executive officer (CEO) of Workplace Solutions. Kaduson will oversee all aspects of the Health […]
The Lowest-Performing ETFs of 2024
Exchange-traded funds, or ETFs, are often low-cost instruments for investors to track popular indexes or leverage experienced manager choices in an attempt to beat the market. The best ones serve as building blocks for a portfolio, and unlike open-end mutual funds, all ETFs are traded throughout the day on an exchange. In 2024, the worst […]
India Records $5 Billion Decrease in November Gold Imports
The spike widened the country’s merchandise trade deficit to a record $37.84 billion in November, exceeding economists’ forecast of $23.9 billion and spooking financial markets. The country’s gold imports in November were $9.84 billion, compared with a preliminary estimate of $14.8 billion published last month, data compiled by the Directorate General of Commercial Intelligence and […]
Biden Takes Action: Bering Sea Off-Limits to Oil and Gas Drilling
Biden’s ocean action: Bering Sea closed off to oil and gas drilling The entire Northern Bering Sea has now been closed off to all oil and gas drilling with thanks to a flick of a pen and a final flourish from the departing US president, Joe Biden who issued the protection of some 625 million […]
Persistent Lithium Supply Challenges Hinder Recovery Efforts
Stubbornly resilient lithium supply remains hurdle to recovery As the world moves towards a more sustainable future, the lithium market continues to be under intense scrutiny. The dynamics of supply and demand are evolving rapidly, driven by geopolitical influences, production strategies, and changing consumer trends, particularly surrounding electric vehicles (EVs). These factors raise questions about […]
2025 Canadian Bond Forecast: Enticing Yields Ahead, Yet…
For a glimpse of the outlook for the Canadian bond market, look at how 2025 is starting. Prime Minister Justin Trudeau announced he would step down and that Parliament would be suspended until March 24, adding political uncertainty at a critical time. A shift to a more fiscally conservative government could ripple through the economy […]
Gold (XAU/USD) Price Forecast: Will Bulls Take Control? Upcoming US Services PMI Impact
Gold (XAU/USD) Price Outlook: Bulls to Take Charge? US Services PMI Ahead Most Read: Bitcoin (BTC/USD) Breaks $100k: MicroStrategy Buys, Trump Effect, and Elon Musk’s X Factor Gold prices experienced significant volatility on Monday, kicking off the week with significant price swings. The metal reached a high of around 2650 during the day, dipped to […]