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Christine Lagarde to Step Down as ECB President on Feb 7: What It Means
Christine Lagarde will leave the ECB on February 7, 2027, nine months early. We explain why, who may replace her, and what it means for rates and markets.
ICE Detention Bond Ruling: Fifth Circuit Says No Bond Hearings
The ICE detention bond ruling is now the most consequential court decision yet on the Trump administration’s mandatory detention policy. In a 10-7 decision on Friday, the full Fifth U.S. Circuit Court of Appeals in New Orleans held that immigrants in ICE custody have no constitutional right to a bond hearing while their deportation cases…
Canada Pension Plan 2027 Increase: What to Expect
Canadian retirees are in line for a larger Canada Pension Plan 2027 increase than they received this year. The Canada Pension Plan 2027 increase is shaping up to beat the 2% bump paid in January 2026, according to early analyst estimates, and it arrives alongside a separate change that lowers contribution rates for workers. Here…
BC Hydro Outage Leaves 30,000 Without Power as Windstorm Hits Metro Vancouver
Strong winds caused 30,000 BC Hydro customers to lose power across Metro Vancouver on October 9. Trees downed power lines in Vancouver, Burnaby, Port Coquitlam, and Surrey.
Cash App Settlement Payments Begin October 2026: Who Gets Up to $2,500
Cash App users with approved claims in a $15 million security settlement will receive payments in October 2026. Eligible claimants can get up to $2,500 for documented losses from 2018-2024 unauthorized access incidents.
Sainsbury’s and Morrisons Held Merger Talks; Deal Faces CMA Hurdles
Sainsbury’s and Morrisons held merger talks earlier this year but ended discussions. A combined entity would hold 23.6% UK grocery market share, below Tesco’s 27.8%, but faces CMA scrutiny and Morrisons’ £7.5bn debt burden.
Citi Tops Global IPO Underwriting, Overtakes Goldman Sachs in 2026
Citigroup takes top spot in global IPO underwriting through September 2026, ahead of Goldman Sachs, after advising on SK Hynix $26.5B and SpaceX $86B listings.
Philippines-Singapore Cable Restored After October 2 Outage
Philippines-Singapore submarine cable outage on October 2 disrupted internet for PLDT, Globe, and Converge users. The C2C cable was restored by October 3 after telcos rerouted 300Gbps of traffic.
Getty Images Avoids Default, Faces NYSE Delisting October 3
Getty Images avoids default with last-minute $51.6M bond payment but faces NYSE delisting. Stock down 99% since 2022 SPAC debut as AI competition pressures stock imagery business.