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Bank of Canada's Inflation Target Should Stay at 2%, Governor Says

Bank of Canada Governor Tiff Macklem advocates maintaining the 2% inflation target during the upcoming 2026 review. He emphasizes the need to address pressing economic issues, including the potential impact of U.S. tariffs on Canada's economic growth and inflation.

Texas Pacific Land profit jumps in fiscal Q4

Texas Pacific Land Corp. reports Q4 net income of $118.4 million ($5.14 per share) on revenue of $185.8 million. The company reported annual net income of $454 million ($19.72 per share) on revenue of $705.8 million.

US and Russia Discuss Ukraine War, Signal Potential Cooperation

Senior U.S. and Russian officials meet to discuss the war in Ukraine, raising the possibility of broader cooperation and a potential meeting between President Trump and Russian President Vladimir Putin.

U.S. Stocks Move in Mixed Territory Amidst Trading Week Abbreviated by Holiday

US stocks traded mixed Tuesday in the beginning of a shortened week due to the President's Day holiday. The benchmark S&P 500 rose almost 0.2%, while the Dow Jones Industrial Average and Nasdaq Composite finished slightly in the green.

UK Defense Spending Under Scrutiny Amid Trump's Pressure and Internal Shortages

UK defense chiefs have warned that plans to raise military funding to 2.5% of GDP won't be enough, despite pressure from the US to meet a 5% target.

CVS Stock Surges on Conservative 2025 Outlook

CVS stock rose nearly 15% after the company reported a beat on earnings and a conservative 2025 financial outlook. CEO David Joyner defended the company's pharmacy benefit manager unit, which has been under fire. CVS is also pivoting away from the traditional system of negotiating drug prices.

Belden (BDC) Q4 CY2024: Revenue Beat, Quarterly Guidance Miss

Belden's Q4 sales beat estimates with a 20.8% increase to $666 million, but its quarterly revenue guidance missed expectations. Adjusted EPS of $1.92 surpassed consensus estimates by 13.6%. While the company showed strength in revenue and EPS, its guidance for Q1 CY2025 was underwhelming, with revenue below analyst estimates and adjusted EPS guidance also falling short. Overall, Belden's Q4 results were mixed, and its stock price declined post-earnings.

SpaceX's Rise Not a Threat to Asia's Biggest Satellite Provider

Asia's largest satellite company, SKY Perfect JSAT, sees growth opportunities in Elon Musk's SpaceX, despite its ties to former US President Donald Trump. The Japanese firm plans to invest $230 million in Planet Labs' satellite imagery business and expects SpaceX to play a key role in its satellite launches.

Biden's Economic Fix: Too Little, Too Late

Americans are worried about inflation, eroding living standards, and lost opportunities. Here's what Trump could do to address these concerns directly.

New York Times Forecasts Q1 Subscription Growth Below Estimates

The New York Times forecasts Q1 subscription revenue growth below Wall Street estimates, signaling increased competition. Digital-only subscriptions see stronger growth