Breadcrumb Trail Links PMN Business At a Canadian mountain retreat, some of the US’s closest allies tried to divine over private conversations and public interactions where Secretary of State Marco Rubio really stands vis-a-vis his boss. Author of the article: Bloomberg News Samy Adghirni, Arne Delfs and Brian Platt Published Mar 14, 2025 • 3 […]
Breadcrumb Trail Links PMN Business Oil executives gathering in Houston this week learned the hard way that US President Donald Trump’s pro-fossil fuel agenda comes with a catch: lower prices. Author of the article: Bloomberg News Kevin Crowley and David Wethe Published Mar 14, 2025 • 4 minute read Wael Sawan Photographer: F. Carter Smith/Bloomberg […]
Breadcrumb Trail Links PMN Business The Bank of Canada is likely to cut interest rates for a seventh straight meeting on Wednesday as the country braces for a trade war that will plunge the economy into recession unless there’s a swift resolution. Author of the article: Bloomberg News Erik Hertzberg Published Mar 11, 2025 • […]
Article content (Bloomberg) — Vice President JD Vance on Tuesday urged all House Republicans to support a stopgap funding package set for a vote later in the day, arguing that its passage was essential to keep President Donald Trump’s agenda on schedule. Article content The spending bill would avert a government shutdown on Saturday and […]
Breadcrumb Trail Links PMN Business The S&P 500 Index is on track to close in a correction on Tuesday, its first since late 2023, after dropping 10% from its Feb. 19 high as investors grow increasingly worried about an economic downturn and sell risky assets in favor of safe havens. Author of the article: Bloomberg […]
Article content (Bloomberg) — Emerge Canada Inc., an investment firm known for selling Toronto-listed versions of Cathie Wood’s popular exchange-traded funds, has allegedly violated securities laws, according to Ontario’s securities regulator. Article content The Ontario Securities Commission alleges Emerge “acted in its own interests by knowingly taking an estimated C$6 million of investor money in […]
Article content (Bloomberg) — US Commerce Secretary Howard Lutnick signaled he doesn’t expect a reprieve on 25% tariffs for steel and aluminum imports scheduled to take effect on Wednesday. Article content The levies, ordered by President Donald Trump in February, include imports from Canada and Mexico — which are among the top foreign suppliers — […]
Breadcrumb Trail Links PMN Business Bond traders are signaling an increasing risk that the US economy will stall as President Donald Trump’s chaotic tariff rollouts and federal-workforce cuts threaten to further restrain the pace of growth. Author of the article: Bloomberg News Michael Mackenzie and Liz Capo McCormick Published Mar 09, 2025 • 4 minute […]
Breadcrumb Trail Links PMN Business The governor of the Bank of Canada was under scrutiny. For weeks, press reports had tied Mark Carney to a potential run for the country’s Liberal Party, which was looking for a new leader. Author of the article: Bloomberg News Brian Platt Published Mar 08, 2025 • 8 minute read […]
Breadcrumb Trail Links PMN Business President Donald Trump said he may implement reciprocal tariffs on Canadian lumber and dairy products as soon as Friday, threatening again to disrupt crossborder trade. Author of the article: Bloomberg News Akayla Gardner Published Mar 07, 2025 • 3 minute read A train car at the MacMillan Yard in Toronto, […]