This is the second time in just over two years that she and colleagues find themselves puzzling over a rate decision in the wake of turmoil emanating from the US, but before Fed policymakers met. After the collapse of Silicon Valley Bank prompted market ructions in 2023, the ECB opted not to blink, and delivered […]
BlackRock’s Chief Executive Officer Larry Fink warned on Monday that most CEOs he talks to thinks the US is already in a recession while consumer sentiment plunged to the second-weakest reading on record. Airlines, food and drug stores and supermarkets have all seen falling sales in recent weeks, according to alternative data compiled by Bloomberg, […]
The turmoil battered the stocks of tech’s “Magnificent Seven” — Apple, Microsoft, Nvidia, Amazon, Tesla, Google parent Alphabet and Facebook parent Meta Platforms. At one point earlier this week, the combined Magnificent Seven’s combined market value had plunged by $2.1 trillion, or 14%, from April 2 when Trump unveiled sweeping tariffs on a wide range […]
Robinson did not leave her home following the fires, staying put with her husband, daughter and birds, including two cockatoos. Since then, she’s been plagued by anxiety and headaches, and her husband’s asthma has worsened. She worries their property has been contaminated by chemicals falling out of the smoke. Volunteers took surface swipe samples from places beneath the fire’s […]
Momentum has been building in the Vaca Muerta, Argentina’s shale patch in Patagonia that has the potential to export 1 million barrels a day of crude by the end of the decade if pipeline expansions go ahead as planned. But an escalating trade war between the US and its biggest trading partners has pressured global […]
It begins with two Canadian premiere co-productions with Soulpepper: Weyni Mengesha directs “The Welkin,” about a jury of 12 women in 1759 England who must decide whether an accused murderess is pregnant, thereby determining her fate, and Abraham directs “Octet,” a chamber choir musical about a technology addiction support group, written and composed by Dave […]
“In my case, I would like to take a nice shower to take care of my beautiful hair. For 15 minutes until it gets wet. Drip, drip, drip. Ridiculous,” Trump said Wednesday in the Oval Office as he signed the directive. “What you do is you end up washing your hands five times longer, so […]
The executive, who’s led the bank since 2023, also said there’s an urgent need to renegotiate Canada’s trade agreement with the US and Mexico and to generally “get things done.” In conversations with Canada’s finance minister, he’s advised that the government “try to find a way to accelerate USMCA renegotiation,” ahead of the scheduled review […]
Article content (Bloomberg) — Senator Ted Cruz extended his critique of President Donald Trump’s tariffs and said there are “angels and demons” vying for influence as the White House plans to impose the steepest US trade duties in more than a century. Article content One of the angels, said Cruz, is Elon Musk, the world’s […]
Breadcrumb Trail Links PMN PMN Business Author of the article: The Canadian Press Christopher Reynolds Published Apr 07, 2025 • 2 minute read Article content MONTREAL — Engineers and conductors at Canadian National Railway Co. will receive a wage hike of three per cent per year under a contract reached via binding arbitration Monday, capping […]