U.S. stocks fell sharply Friday after reports showed that worries among consumers and businesses about President Donald Trump’s policies may be hitting the U.S. economy. The S&P 500 sank 1.7% for its worst day in two months. The Dow Jones Industrial Average dropped 748 points, or 1.7%, and the Nasdaq composite tumbled 2.2%. The losses…
Descrease article font size Increase article font size U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled, data showed on Wednesday, as Federal Reserve Chair Jerome Powell heads to the U.S. Congress for a second day of testimony. Rising prices for housing, food and energy pushed the Consumer…
“The plan was to go to Nashville to celebrate my 40th. I’ve always wanted to go to Nashville — really wanted to ring in 40 at the Grand Ole Opry — but I just cannot bring myself to vacation in a country that is essentially threatening my own.” Those threats, by U.S. President Donald Trump,…
Canada doesn’t need to be hit by tariffs for the economy to be impacted — the mere threat of a trade war is enough, the Bank of Canada has warned. The Bank of Canada on Wednesday released the summary of its governing council deliberations, outlining the discussions its members had in the run-up to the…
By Jordan Prentice Global News Posted February 12, 2025 12:39 pm 1 min read Descrease article font size Increase article font size The Peskiko Group and Livingstone Landowners Group (LLG) have released the results of a Leger poll showing less than one-quarter of Albertans support coal mining in the eastern slopes of the province. The…
Amid U.S. President Donald Trump’s order to impose costly tariffs on steel and aluminum, some automotive experts are advising Canadians in the market for a new or used vehicle to accelerate their timelines to get ahead of possible price hikes. “If you’re going to buy a car sometime in 2025, it would probably be good…
The B.C. government says it will pass legislation this spring to bring all permitting and regulation of planned new renewable energy projects under the BC Energy Regulator (BCER). The move would create a “single-window” permitting process for renewable energy processes, including nine recently announced, privately funded and majority First Nation-owned wind projects that will feed…
Liberal leadership contenders Mark Carney and Chrystia Freeland want Canada to look beyond the United States to bolster its roster of trade partners amid ongoing tariff threats from President Donald Trump. Carney, speaking in Windsor, Ont., in front of the Gordie Howe International Bridge on Wednesday, said Canada should remain “closely integrated” with the U.S….
The annual British Columbia herring fishery is underway, but not without controversy. Critics, including First Nations and conservationists, are calling for a moratorium on the herring harvest. The fish are one of the foundations of the food chain in the Salish Sea that support other fish and marine mammals. 2:00 Spawning herring turn water off…
By Anuja Bharat Mistry Reuters Posted February 7, 2025 11:43 am Updated February 7, 2025 11:45 am 1 min read Descrease article font size Increase article font size Newell Brands’ CEO said on Friday it is aiming to reduce its reliance on Chinese suppliers to minimize the impact of U.S. import tariffs, following its unexpected…
