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, […]
Article content (Bloomberg) — Federal Reserve Chair Jerome Powell acknowledged increased uncertainty in the US economic outlook, but said officials don’t need to rush to adjust policy. Article content “Despite elevated levels of uncertainty, the US economy continues to be in a good place,” Powell said in remarks prepared for event Friday in New York […]
Article content (Bloomberg) — President Donald Trump’s slew of tariffs means American farmers may not make that big shift to corn after all. Article content Growers were widely expected to plant the most corn in five years due to tighter supplies. Now levies on some products from Canada, Mexico and China have shifted a key […]
Breadcrumb Trail Links PMN Business Adding steel and aluminum tariffs to auto tariffs would cost carmakers billions of dollars and is “likely to shut the industry down,” says the head of Canada’s second-largest public car parts manufacturer, Linamar Corp. Author of the article: Bloomberg News Stephanie Hughes Published Mar 06, 2025 • 2 minute read […]
Article content (Bloomberg) — Bank of China International Holdings Ltd., the investment banking arm of the giant Chinese state-owned lender, is pulling back from commodities after wild price moves over the past few years shook management confidence in the sector. Article content The bank has reduced the number of clients in its commodities business by […]
Article content (Bloomberg) — Ontario will impose a 25% tariff on power it sends to 1.5 million homes in Minnesota, Michigan and New York in response to fresh US levies, Premier Doug Ford announced Tuesday. Article content “If these tariffs persist, if the Trump administration follows through on any more tariffs, we will immediately apply […]
Breadcrumb Trail Links PMN Business President Donald Trump tore into Ukraine’s President Volodymyr Zelenskiy again Monday, saying “this guy doesn’t want there to be peace.” Author of the article: Bloomberg News Aliaksandr Kudrytski Published Mar 03, 2025 • 5 minute read Article content (Bloomberg) — President Donald Trump tore into Ukraine’s President Volodymyr Zelenskiy again […]
Article content (Bloomberg) — One of Wall Street’s most-popular option trades just got more popular than ever, fueled by Donald Trump’s volatility-inducing policy agenda and a push by Robinhood Markets Inc. to expand its product offerings. Article content Contracts that expire within 24 hours made up a record 56% of the S&P 500’s total options […]
Breadcrumb Trail Links PMN Business Federal Reserve Bank of St. Louis President Alberto Musalem said that while he anticipates price growth to moderate toward the central bank’s 2% goal, it is vital for policymakers to keep inflation expectations in check. Author of the article: Bloomberg News Jonnelle Marte Published Mar 03, 2025 • 2 minute […]
Breadcrumb Trail Links PMN Business President Donald Trump’s tariff threats once again lifted the dollar last week, but a growing group of investors is betting against the greenback amid signs the US economy is cooling and on concern a trade war will weaken it further. Author of the article: Bloomberg News Anya Andrianova and Carter […]