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70,000 units of popular Amazon teething toy recalled after choking reports

A teething toy that has been sold on Amazon for years is being recalled after at least three reports of choking, according to the U.S. Consumer Product Safety Commission (CPSC). The GOPO TOYS Pull String Teething Toys “violate the mandatory standard for toys because the silicone strings are smaller and longer than…

Canadian Dollar languishes near April 2025 low amid weak Retail Sales and lower Oil prices

USD/CAD trades on the front foot on Friday despite a modest pullback in the US Dollar (USD), as weaker-than-expected Canadian Retail Sales data weighs on the Canadian Dollar (CAD). At the time of writing, the pair trades around 1.4170, its highest level since April 2025.Statistics Canada reported on Friday that Retail Sales rose 0.5% in April, down from a 0.9% increase in March and slightly below the 0.6% consensus forecast. Retail Sales excluding automobiles increased…

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JPMorgan, Citigroup Named in DOJ Probe of Iran Leader’s Business Network

The Department of Justice is investigating transactions tied to a business network linked to Iranian Supreme Leader Mojtaba Khamenei that reportedly had exposure to major U.S. financial institutions, according to a Bloomberg News report. Bloomberg reported federal investigators are examining how companies connected to Khamenei built a global investment portfolio…

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