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Toronto home sales drop sharply in January amid economic uncertainty
Investing.com -- Greater Toronto Area home sales fell sharply in January and prices declined as economic uncertainty kept homebuyers on the sidelines, according to data released Wednesday by the Toronto Regional Real Estate Board. Seasonally adjusted sales dropped 9.9% last month from December to 4,795 units, continuing a downward trend that has persisted for four consecutive months. January marked the biggest monthly sales decline since February last year and brought transactions to their lowest level since May. The board’s home price index decreased 1.7% month-over-month on a seasonally adjusted basis to C$941,200 ($689,574), representing the eighth consecutive monthly decline. On a year-over-year basis, the price index fell 8% in January, while sales plunged 19.3% and new listings decreased 13.3%. The Greater Toronto Area encompasses Toronto, Canada’s most populous city, along with four surrounding regional municipalities. Canada’s economy has suffered significant impacts from the U.S.-led trade war. The United States-Mexico-Canada Agreement, which has protected much of Canada’s exports from U.S. tariffs, is scheduled for review by a July 1 deadline. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. Which stock should you buy in your very next trade? AI computing powers are changing the stock market. Investing.com's ProPicks AI includes dozens of winning stock portfolios chosen by our advanced AI. Year to date, 2 out of 3 global portfolios are beating their benchmark indexes, with 88% in the green. Our flagship Tech Titans strategy doubled the S&P 500 within 18 months, including notable winners like Super Micro Computer (+185%) and AppLovin (+157%). Which stock will be the next to soar?
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February 4, 2026 at 4:09 PM
Toronto home sales fall the most in 11 months as economic uncertainty weighs
TORONTO, Feb 4 (Reuters) - Greater Toronto Area home sales fell sharply in January and prices declined as economic uncertainty kept homebuyers on the sidelines, Toronto Regional Real Estate Board data showed on Wednesday. Seasonally adjusted sales dropped 9.9% last month from December to 4,795 units, adding to declines over the previous three months. It was the biggest drop since February last year and the lowest level for sales since May. The board’s home price index was down 1.7% month-over-month, after seasonal adjustment, at C$941,200 ($689,574), marking the eighth straight month of declines. The Greater Toronto Area includes Toronto, Canada’s most populous city, and four surrounding regional municipalities. "The housing market reflects the tension many households are feeling as we look ahead to 2026," the board’s president, Daniel Steinfeld, said in a statement. "Affordability has improved, but uncertainty continues to weigh on long term decisions like homeownership." Canada’s economy has been badly hurt by the U.S.-led trade war. The United States-Mexico-Canada Agreement, which has shielded much of Canada’s exports from U.S. tariffs, is set for review by a July 1 deadline. On a year-over-year basis, the price index fell 8% in January, while sales were down 19.3% and new listings declined 13.3%. Elevated supply levels are expected to keep price growth in check through 2026, while overall home sales activity is forecast to remain within a similar range compared to the last three years, TRREB said in a market outlook report. ($1 = 1.3649 Canadian dollars) What are the best investment opportunities in 2026? The best investments start with better data. Going with your gut has its place, but when excitement masquerades as intuition, it can lead to costly mistakes—or analysis paralysis. InvestingPro+ combines institutional-grade data with AI-powered insights that you don't need a finance PhD to understand. It won't guarantee winners, but it will certainly help you find more of them, more often. So what are the best investments of 2026 so far?
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February 4, 2026 at 4:09 PM
Washington Post begins widespread layoffs, sharply shrinking storied newspaper’s reach
By Helen Coster and Jaspreet Singh Feb 4 (Reuters) - The Washington Post began widespread layoffs on Wednesday that will drastically shrink the size of the storied newspaper, affecting all departments, according to a recording of the call shared with Reuters. Executive Editor Matt Murray informed the staff of the cuts, which will cut across the international, editing, metro, and sports desks, and come just days after the more than 145-year-old newspaper scaled back its coverage of the 2026 Winter Olympics amid mounting financial losses. "For too long, we’ve operated with a structure that’s too rooted in the days when we were a quasi-monopoly local newspaper," Murray said on the call, adding that "we need a new way forward and a sounder foundation." One Post reporter, speaking on condition of anonymity, called it a "bloodbath." The impacted journalists include Amazon beat reporter Caroline Donovan, Cairo Bureau Chief Claire Parker and the rest of the Post’s Middle East correspondents and editors, according to X posts from Donovan and Parker. “The Washington Post is taking a number of difficult but decisive actions today for our future, in what amounts to a significant restructuring across the company," the Post said in a statement. "These steps are designed to strengthen our footing and sharpen our focus on delivering the distinctive journalism that sets The Post apart and, most importantly, engages our customers.” ALL DEPARTMENTS IMPACTED News outlets have struggled for years to maintain a sustainable business model after the internet upended the economics of journalism. "All departments are impacted. Politics and government will remain our largest desk and will remain central to our engagement and subscriber growth," Murray said in the call. "We will be closing the sports department in its current form." The Washington Post last year made changes across several business functions and announced job cuts, saying then that the reductions would not impact its newsroom. The newspaper, owned by Amazon.com founder Jeff Bezos, had offered voluntary separation packages to employees across all functions in 2023 amid losses of $100 million. "If Jeff Bezos is no longer willing to invest in the mission that has defined this paper for generations and serve the millions who depend on Post journalism, then The Post deserves a steward that will," the WaPo Guild said on X. The Post’s White House staff said in a letter to Bezos last week that their most impactful coverage depends heavily on collaboration with teams at risk of job cuts and that a diversified newsroom is essential when the paper faces financial challenges. Bezos said in 2013 when he bought the newspaper that he would preserve its journalistic tradition and would not lead its day-to-day operations. But there "will, of course, be change" over the coming years, he had said. CLASHES WITH JOURNALISTS In recent years, The Post has clashed with some of its journalists, who have openly criticized Bezos after the newspaper decided not to endorse a candidate in the November 2024 U.S. presidential election, leading to more than 200,000 people canceling their digital subscriptions. The newspaper, which appointed William Lewis as its CEO in early 2024, also revamped its opinion section last year, shifting focus on "personal liberties and free markets." Bezos was among the several tech executives seen as making overtures to U.S. President Donald Trump last year. He was seated prominently at Trump’s inauguration, underscoring his shifting ties. Trump, who was a frequent critic of Bezos during his first term - over what the Republican president deemed unfair coverage by The Post - praised the tech billionaire in March last year, saying Bezos was doing "a real job" with the publication. “Today’s layoffs at the Washington Post are a devastating setback for the scores of individual journalists affected and for the journalism profession," said National Press Club President Mark Schoeff Jr., in a statement. Which stock should you buy in your very next trade? AI computing powers are changing the stock market. Investing.com's ProPicks AI includes dozens of winning stock portfolios chosen by our advanced AI. Year to date, 2 out of 3 global portfolios are beating their benchmark indexes, with 88% in the green. Our flagship Tech Titans strategy doubled the S&P 500 within 18 months, including notable winners like Super Micro Computer (+185%) and AppLovin (+157%). Which stock will be the next to soar?
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February 4, 2026 at 4:04 PM
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February 4, 2026 at 4:04 PM
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February 4, 2026 at 4:04 PM
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February 4, 2026 at 4:04 PM
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February 4, 2026 at 4:04 PM
German Finance Ministr praises new data center, says it ’strengthens digital sovereignty’
Investing.com -- Deutsche Telekom AG and Nvidia Corp. opened a €1 billion ($1.2 billion) data center in Munich on Wednesday, marking a significant step for Germany’s digital infrastructure. Finance Minister and Vice Chancellor Lars Klingbeil attended the opening ceremony for what is considered one of Europe’s largest facilities for technology capable of powering complex artificial-intelligence systems. "For me, it’s particularly important that technological leadership must be at the core of Germany’s future business model," Klingbeil said. The finance minister emphasized the center’s role in strengthening Germany’s digital independence, calling it "an important pillar for the German and European AI ecosystem" that "strengthens digital sovereignty." German software giant SAP SE is providing platforms and applications for the new facility. The involvement of major corporations and high-level government support demonstrates Germany’s commitment to developing an AI ecosystem that can compete with the United States and China. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. Which stock should you buy in your very next trade? AI computing powers are changing the stock market. Investing.com's ProPicks AI includes dozens of winning stock portfolios chosen by our advanced AI. Year to date, 2 out of 3 global portfolios are beating their benchmark indexes, with 88% in the green. Our flagship Tech Titans strategy doubled the S&P 500 within 18 months, including notable winners like Super Micro Computer (+185%) and AppLovin (+157%). Which stock will be the next to soar?
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February 4, 2026 at 3:13 PM
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February 4, 2026 at 3:12 PM
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February 4, 2026 at 3:12 PM
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February 4, 2026 at 3:12 PM
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February 4, 2026 at 3:07 PM
Silver surges 7.6% as geopolitical tensions boost safe-haven appeal
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
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February 4, 2026 at 3:07 PM
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February 4, 2026 at 3:07 PM
Mobix Labs stock soars after securing FAA drone certification
Investing.com -- Mobix Labs, Inc. (NASDAQ:MOBX) stock surged 51.5% on Wednesday after the company announced it has secured Federal Aviation Administration certification for its next-generation drone-based airborne sensing platform. The FAA approval represents a critical regulatory milestone that enables the company to move its program into commercial execution. Following the certification, Mobix Labs has begun expanding real-world field operations and initiating customer pilot activities for its drone platform, which was developed by its Wireless Division, RaGE Systems. The certification positions Mobix Labs to begin deployments across the infrastructure inspection market, where rail, utility, and industrial operators are increasingly adopting automated, data-driven inspection solutions. In just over one year, the company has advanced the platform from concept to a fully integrated, FAA-certified airborne system ready for deployment. Mobix Labs’ platform combines advanced multi-sensor technologies, proprietary onboard computing hardware, autonomous flight control software, and real-time analytics. The integrated system converts raw sensor data into actionable intelligence to support faster inspections, earlier fault detection, and predictive maintenance. "Mobix Labs is executing a strategy centered on building differentiated, scalable technology platforms," said Phil Sansone, Chief Executive Officer of Mobix Labs. "Our FAA-certified drone platform brings together advanced sensing, autonomy, and analytics in a way that few companies can deliver. This milestone positions us to expand deployments and pursue meaningful long-term value creation." The company believes its drone platform is positioned to capitalize on infrastructure operators’ increasing pressure to reduce downtime, cut costs, and improve safety by enabling shorter inspection cycles and earlier identification of costly failures. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
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February 4, 2026 at 3:07 PM
US lawmakers, Waymo, Tesla urge Congress to take action to speed deployment of self-driving cars
WASHINGTON, Feb 4 (Reuters) - Lawmakers, Waymo and Tesla will urge Congress to take action on long-stalled legislation to speed deployment of self-driving vehicles, warning of competitive threats from China. The U.S. Senate Commerce Committee is holding a hearing Wednesday on efforts to boost the deployment of robotaxis with testimony from Waymo, Tesla and others as legislation has been under consideration for a decade. "If the U.S. does not lead in AV development, other nations—particularly China—will shape the technology, standards, and global market. And perhaps more importantly, China will be the dominant manufacturer of transportation for the 21st century," Democratic Senator Gary Peters told Reuters ahead of the hearing. Waymo, an Alphabet-unit, will also urge Congress to pass legislation to advance self-driving vehicles, arguing U.S. leadership "in the autonomous vehicle sector is now under direct threat. The United States is locked in a global race with Chinese AV companies for the future of autonomous driving, a trillion-dollar industry comparable in strategic importance to flight and space travel," according to testimony seen by Reuters. Investing.com’s AI chart analysis visually reads your charts to spot patterns in just 1 minute—while highlighting only the top indicators that matter right now. Each analysis delivers an instant trading plan with specific entry, stop-loss, and profit targets. Works on stocks, futures, crypto, forex, commodities and indices – covering 94,000+ assets.
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February 4, 2026 at 3:07 PM