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(Bloomberg) — Treasury Secretary Scott Bessent said he’s confident US consumer price increases will slow over the course of the year after a poll suggested Americans want President Donald Trump to focus more on bringing down inflation. Most Read from Bloomberg Bessent defended Trump’s economic plans on CBS News’ Face the Nation, saying the president is seeking “a holistic approach that there will be tariffs, there will be cuts in regulation, there will be cheaper energy” over time. He cited falling US home mortgage rates and a drop in yields on 10-year Treasuries — the bond “I am focused on”…

Below is a weekly roundup of what happened this week in the cannabis and psychedelic sectors. In this ever-evolving landscape, we explore the major developments and groundbreaking initiatives happening among companies operating in these industries; from advancements in medical research, therapeutic applications to shifts in legal frameworks and current market trends.Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) unveiled a new at-the-market (ATM) equity program to issue and sell up to $200 million worth of stock in the U.S. and Canada. According to the company, the proceeds will be used for internal investments, acquisitions, and general corporate purposes, including debt repayment.According…

Warren Buffett Detailed A ‘Disgusting’ Investing Mistake He Was Making For Years: ‘Soggy, One-Puff’ Stocks Don’t Make You Rich Warren Buffett has made plenty of winning moves, but he’s just as quick to call out his missteps. One of his biggest? Wasting years chasing dirt-cheap stocks that weren’t actually worth owning. For a long time, Buffett followed the “cigar butt” strategy—buying stocks that were cheap simply because they were cheap. As he explained in a 2001 speech at the University of Georgia: “You walk down the street and you’re looking around for cigar butts, and you find on the street…

From tariffs to tax bills to DOGE and federal budget cuts, President Trump has issued a myriad of policies impacting the economy since taking office in January, and the markets are responding accordingly. On this week’s episode of Capitol Gains, anchor Madison Mills, Washington Correspondent Ben Werschkul, and Senior Columnist Rick Newman take a look at the current state of the economy and try to understand Trump’s economic plan happening in real-time. Newman assesses the current economic landscape. “We have now seen the S&P 500 (^GSPC) stock index — it is down 4.5% since Trump took office. That is not…

Three in 10 people have been put off committing to a recent major purchase due to financial worries, according to research for Which? The consumer group’s monthly consumer insight tracker found 28% of people said they had not made major purchases – including items such as cars, furniture and electronic devices – in the past month because they were worried about their future household finances. More than half (51%) of people had made at least one adjustment to cover essential spending such as utility bills, housing costs, groceries, school supplies and medicines in the past month. Adjustments include cutting back…

Vancouver, Canada–(Newsfile Corp. – March 7, 2025) – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“Turnium” or the “Company”) is pleased to announce that effective March 7, 2025, the British Columbia Securities Commission (“BCSC”) has revoked the temporary management cease trade order (the “MCTO”) which prevented the Company’s CEO and CFO from trading in the Company’s securities. The MCTO did not impact other shareholders, including the public, from trading. The Company confirms that on March 6, 2025, it filed the quarterly financial statements for the three months ended December 31, 2024, along with the management’s discussion and analysis and…

OTTAWA, ON, March 7, 2025 /CNW/ – The Honourable Arif Virani, Minister of Justice and Attorney General of Canada, today announced the following appointments under the judicial application process established in 2016. This process emphasizes transparency, merit, and the diversity of the Canadian population, and will continue to ensure the appointment of jurists who meet the highest standards of excellence and integrity. The Honourable Mohammed M. Rahman, a Judge of the Superior Court of Justice of Ontario in Brampton, is appointed a Judge of the Court of Appeal for Ontario in Toronto. Justice Rahman replaces Justice K. van Rensburg, who elected to…

While inflation showed signs of cooling in January, consumer spending took a hit. Due to this, shoppers are becoming more cautious. Naveen Jaggi, JLL president of retail advisory services, appears on Asking for a Trend with Josh Lipton to discuss the grocery sector’s performance. “The grocery sector is probably still the hottest sector in American retail today,” Jaggi says. He highlights that grocery-anchored shopping centers are highly sought after by investors. However, Jaggi warns that inflation concerns and rising construction costs are impacting the industry. “The reality is today, if you want to do a grocery store deal, you’ll have…