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 — […]
Article content (Bloomberg) — Israel halted its already limited supply of electricity to the Gaza Strip, a move the government called a response to the Hamas hostage crisis and which a liaison officer said would suspend production by a desalination plant in the war-wracked enclave. Article content A six-week Gaza truce, involving limited swaps of […]
Article content (Bloomberg) — A new Gaza ceasefire deal under which Israel would recover all hostages held by Hamas is possible, even within weeks, a US negotiator said after holding rare direct talks with the Palestinian militant group. Article content A six-week truce mediated by Qatar and Egypt expired on March 2, leaving the sides […]
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 House Republicans announced a spending bill to keep government agencies open through Sept. 30, daring Democrats to vote against it and risk a disruptive March 15 shutdown. Author of the article: Bloomberg News Erik Wasson Published Mar 08, 2025 • 3 minute read House Speaker Mike Johnson Photo by Allison […]
Article content (Bloomberg) — Germany’s conservatives and the Social Democrats agreed to deepen talks over forming a new government, a step forward as pressure builds on Chancellor-in-waiting Friedrich Merz to implement sweeping reforms. Article content At a press briefing in Berlin on Saturday, Merz said the parties have agreed to tighten border controls to reduce […]