11 Canadians on aid flotilla to Gaza detained by Israel

The second quarter of 2025 was marked by three major NatCat events, Desjardins saysThe post How Cats affected Desjardins’ second quarter results appeared first on Canadian Underwriter.

A man is in hospital with serious injuries following a collision in Etobicoke.

The market abruptly reset its expectations for the Federal Reserve cutting interest rates. At first, it moved the goalpost to a March cut of 25 bps. After March’s 2024 inflation report, stock markets re-adjusted valuations for Nasdaq (QQQ), S&P 500 (SPY), and the small-cap sector (IWM). What happened?On April 11, 2024, U.S. producer prices rose, albeit less than economists expected. The Labor Department posted prices rising by 2.1% Y/Y, an increase not seen since April 2023. Investors quickly sold Treasury bills. Downward pressure on the 10-year (IEF) and 20+ year (TLT) will increase their…