Amazon gets ‘aggressive' with Prime, boosting Canadian content in 2025
Retail analyst Bruce Winder on Amazon Prime Day's four-day run, spending trends, and how Amazon aims to capitalize.
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Globe and Mail
4 minutes ago
- Globe and Mail
Big Week of Inflation Data, Q2 Earnings Reports
Pre-market futures are notably lower than Friday afternoon's close on all major indexes, though they are beginning to climb out of the muck of fresh tariff threats as early trading warms up to start a new trading week. We had gotten back up to or near record market highs last week before new tariff threats from President Trump threw a damp towel over stock market heat. Last Friday, Trump threatened to slap a new +35% tariff on all Canadian imports to the U.S. On Saturday, he went even further — a new +30% tariff was announced on both the EU and Mexico. These would reportedly be enacted if no new trade deals are settled between the U.S. and these trading partners by August 1st, which is two weeks from Friday. Over $99 billion in revenues have so far been collected from tariff policy so far, up more than +110% from a year ago, when Joe Biden was still president. However, should these new, more draconian levels of tariffs hit a high number of imports, economists worry the domestic economy will feel uncommon stress and strain, and likely cause prices to raise on these goods as companies pass costs onto consumers in their determination to remain profitable in such an environment. We know that much of these threats are motivational in nature: back on April 9th, when Trump paused his 'Liberation Day' reciprocal tariffs for 90 days, he expected that at the end of that term that the U.S. would have established new trade policies with our main trading partners. But these have not come to pass as of this morning. Aside from a signed deal with the UK — which remains incomplete, with the issue of a +50% tariff on imported steel still unresolved — and a preliminary deal with China regarding rare earth materials, the U.S. has no new trade deals. That 90-day window closed last week without incident; the next 'deadline' is August 1st, but will the president once again kick the can down the road? What to Expect from the Stock Market This Week Last week was also very light on economic data — monthly reports and quarterly earnings releases — but this week changes all that. Not only do we look forward to the biggest of the Wall Street banks reporting Q2 earnings, but a whole host of economic prints, including a fresh Inflation Rate for the month of June, are expected to be released. The Consumer Price Index (CPI) and Producer Price Index (PPI), monthly retail and wholesale pricing metrics, will be reported Tuesday and Wednesday morning, respectively. The year-over-year headline CPI number is also known as the 'Inflation Rate,' which is expected to climb to +2.7% from +2.4% reported a month ago. PPI year-over-year headline is expected to tick down to +2.6% from +2.7% reported last month. Also, Empire State and Philly Fed manufacturing reports come out, as well as Retail Sales, Industrial Production, Business Inventories, Homebuilder Confidence, and Housing Starts/Building Permits. We'll know much more by the end of this week about the state of our economy than we do presently. Also, JPMorgan JPM, Citigroup C and Wells Fargo WFC are the big banks reporting earnings Tuesday before the opening bell. Later in the week, we'll hear from Bank of America BAC and Goldman Sachs GS, as well. Aside from banks reporting, we'll also hear from Netflix NFLX, Johnson & Johnson JNJ, 3M MMM, among many others. (You can see the full Zacks Earnings Calendar here.) 5 Stocks Set to Double Each was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They include Stock #1: A Disruptive Force with Notable Growth and Resilience Stock #2: Bullish Signs Signaling to Buy the Dip Stock #3: One of the Most Compelling Investments in the Market Stock #4: Leader In a Red-Hot Industry Poised for Growth Stock #5: Modern Omni-Channel Platform Coiled to Spring Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%. Download Atomic Opportunity: Nuclear Energy's Comeback free today. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Goldman Sachs Group, Inc. (GS): Free Stock Analysis Report Bank of America Corporation (BAC): Free Stock Analysis Report Wells Fargo & Company (WFC): Free Stock Analysis Report JPMorgan Chase & Co. (JPM): Free Stock Analysis Report Citigroup Inc. (C): Free Stock Analysis Report Johnson & Johnson (JNJ): Free Stock Analysis Report Netflix, Inc. (NFLX): Free Stock Analysis Report 3M Company (MMM): Free Stock Analysis Report
CTV News
14 minutes ago
- CTV News
Relatable comedy on stage in Rosthern
Relatable comedy on stage in Rosthern Actors from the play "Stag and Doe" remind us about the comedy we've all experienced at small town prairie weddings
CTV News
15 minutes ago
- CTV News
Comedian Sebastian Maniscalco returns to Caesars Windsor this fall
Comedian, actor, and podcast host Sebastian Maniscalco is coming back to Windsor this fall. Maniscalco is bringing his It Ain't Right Tour to Caesars Windsor on Saturday, Nov. 22 at 8 p.m. Maniscalco earned the title of Number One 'Comedy Tour of 2025' in Billboard's Midyear Boxscore report. He also ranked among the Top 25 global tours overall and was named one of Billboard's 'Top 10 Highest-Grossing Comedy Tours of 2024.' He is the only comedian to appear on Pollstar's 'Top 20 Global Concert Tours of 2025,' further cementing his status as one of comedy's most influential figures. Beyond the stage, Maniscalco is a bestselling author and podcast host of The Pete and Sebastian Show and has showcased his versatility across film and TV with standout roles in The Irishman, The Super Mario Bros. Movie, and About My Father, which he co-wrote and starred in alongside Robert De Niro. On television, he stars in Max's Bookie, which he co-produces with Chuck Lorre. Next up, he will voice Easy Money: The Charles Ponzi Story, Apple's first scripted podcast series - an eight-episode docudrama chronicling the astonishing rise and fall of an Italian immigrant who, in 1920, swindled investors out of what would now amount to a quarter of a billion dollars. Tickets go on sale Friday, July 18, at 10 a.m. online. Ticket purchases can be made on or Tickets can also be purchased at the Box Office, Friday, Saturday, and Show Days from 1 PM to 9 PM. Caesars Rewards members can purchase presale tickets, available at 10 a.m. on Wednesday, July 16. For more information, visit and stay tuned for further details. Guests must be 19 years of age or older to enter the casino and all other outlets.
