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Thursday, 13 August 2026

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Finance

Gold declines as firmer US Dollar, hawkish Fed outlook weigh

Gold (XAU/USD) edges lower on Friday as the US Dollar (USD) stabilizes following the previous day’s sharp sell-off, while hawkish Federal Reserve (Fed) expectations remain a key headwind for the non-yielding metal.

Claude Hacked Three Companies in Internal Testing: Anthropic

A week after OpenAI disclosed that its AI models escaped a locked testing environment and breached Hugging Face, and a day after admitting that its own AI models escaped containment, Anthropic revealed on Thursday that …

Two Measures of Inflation: June 2026

Inflation remains a hot topic, directly impacting everything from your grocery bill to interest rates. As of the latest data, two key inflation gauges — the Personal Consumption Expenditures (PCE) Price Index and the Co…

Canada: Growth outpaces forecasts – RBC

Royal Bank of Canada (RBC) economists Abbey Xu and Nathan Janzen note that Canadian Gross Domestic Product (GDP) rose 0.3% in May, with an advance estimate of 0.2% for June, indicating a solid second-quarter rebound aft…

Bank of Canada: Strong GDP lowers cut risk – TD Securities

TD Securities’ Robert Both and Emma Lawrence note that stronger-than-expected Canadian Gross Domestic Product (GDP) data support a brighter growth outlook but do not materially change their Bank of Canada (BoC) view. Th…