Welcome to The Globe and Mail’s business and investing news quiz. Join us each week to test your knowledge of the stories making headlines. Our business reporters come up with the questions, and you can show us what you know.

This week: The Bank of Canada and U.S. Federal Reserve both announced their interest rate decisions this week, however the U.S. President’s own interest appears preoccupied with a new $15-billion lawsuit and targeting Jimmy Kimmel over his comments on Charlie Kirk’s death. But which other late-night hosts are facing Trump’s wrath? Take our quiz to find out.

1What did the Bank of Canada do this week?

a. It cut interest rates by a quarter-point

b. It cut interest rates by a half-point

c. It held interest rates steady

d. It increased interest rates by a quarter-point

a. It cut interest rates by a quarter-point. The Bank of Canada cut its benchmark rate from 2.75 to 2.5 per cent, lowering borrowing costs for the first time since March as U.S. tariffs continued to batter the Canadian economy.

2Which of these companies or organizations warned this month of data breaches and said that hackers may now have access to some Canadians’ personal data?

a. Wealthsimple

b. The Canadian Investment Regulatory Organization

c. Tiffany & Co.

d. All the above

3The Ontario Securities Commission alleges that Som Seif, one of Canada’s best known money managers, is guilty of:

a. Redlining

b. Blackballing

c. Greenwashing

d. Whitewashing

c. Greenwashing. The OSC alleges that Mr. Seif and his company, Purpose Investments, made false or misleading statements in which they claimed to use environmental, social and governance, or ESG, factors to help select investments in several funds. The OSC says the funds did not actually consider ESG factors. Mr. Seif denies the allegations. He says the commission is simply eager to prosecute someone for greenwashing – that is, making inflated claims about the supposed environmental benefits of a product.

4As usual, U.S. President Donald Trump was in the headlines this week. What did he suggest that U.S. companies stop doing?

a. Tracking their number of female employees

b. Revealing their chief executives’ salaries

c. Setting affirmative action goals

d. Reporting quarterly financial results

d. Reporting quarterly financial results. Mr. Trump suggested companies report results every six months instead of every three months. He says the move would save money and allow managers to focus on running their companies. Of course, it would also allow management to conceal problems for longer, but why would anyone worry about a little detail like that?

5Mr. Trump was busy on other matters as well. Who did he sue for US$15-billion?

a. CNN

b. The New York Times

c. Jimmy Kimmel

d. ABC

b. The New York Times. Mr. Trump has a habit of suing major news organizations as a way of intimidating them. This week, he filed a lawsuit against the NYT and Penguin Random House, saying they libelled him in news articles and a book entitled Lucky Loser: How Donald Trump Squandered His Father’s Fortune and Created the Illusion of Success. Hmmm. Sounds like an intriguing read.

6Mr. Trump’s war on liberal-leaning media figures also advanced, taking aim at Jimmy Kimmel this week. But which of these late-night talk show hosts has already had his show cancelled this year?

a. Stephen Colbert

b. Jon Stewart

c. Jimmy Fallon

d. Seth Myers

a. Stephen Colbert. CBS cancelled Mr. Colbert’s show two months ago, and ABC said this week that Mr. Kimmel’s show would be suspended indefinitely. Mr. Trump is now targeting Mr. Fallon and Mr. Myers, urging NBC to pull them as well.

7China this week accused a U.S. company of violating its anti-monopoly law. Which company was the offender?

a. Tesla

b. Nvidia

c. Alphabet

d. Microsoft

b. Nvidia. China accused Nvidia of violating the country’s anti-monopoly law, another escalation in its trade war with the United States. The two countries have traded barbs over the past six months since U.S. President Donald Trump hit China with massive tariffs and threatened to shut down popular social media app TikTok. China has responded with 10-per-cent tariffs and antitrust probes against the likes of Alphabet’s Google.

8Toronto-based Brookfield Asset Management is partnering with California-based Figure AI Inc. to develop what?

a. An AI-based stock picker

b. Virtual reality games

c. Humanoid robots

d. A prediction market for geopolitical events

c. Humanoid robots. Brookfield Asset Management is partnering with Figure AI to help train and develop humanoid robots, then put them to work in homes and commercial settings. Figure is an artificial intelligence robotics company that is working to build autonomous, humanlike robots that it hopes will have human-level intelligence and the skills to work on an assembly line or fold laundry.

9Qatar’s sovereign wealth fund invested US$500-million this week in which Canadian company?

a. Ivanhoe Mines

b. Shopify

c. TC Energy

d. Dollarama

a. Ivanhoe Mines. The Qatar Investment Authority is investing US$500-million in Ivanhoe Mines through a private placement, giving the sovereign wealth fund a 4 per cent stake in the Canadian miner. Ivanhoe operates three projects in southern Africa, including its flagship Kamoa-Kakula copper mine in the Democratic Republic of Congo, one of the world’s largest high-grade copper deposits.

10To absolutely no one’s surprise, the U.S. Federal Reserve cut its key interest rate by a quarter point this week. How many more cuts did it indicate are likely over the remainder of 2025?

a. None

b. One

c. Two

d. Three

c. Two. The rate cut, along with projections of two more reductions this year, signal that Fed officials are now less worried about persistent inflation and more concerned about weakening growth.

11Why did the share price of troubled chip-maker Intel jump this week?

a. It signed a deal with China’s Alibaba

b. It struck a deal with Nvidia

c. It unveiled a powerful new chip design

d. It announced it was splitting up

b. It struck a deal with Nvidia. In one of the odder corporate moves this year, Nvidia said it will invest US$5-billion in Intel, throwing its heft behind the struggling U.S. chip foundry. What’s the strategy behind the move? That’s not entirely clear, but it is worth noting that the U.S. government took a 10 per cent stake in Intel last month.

12Why did Ben & Jerry’s co-founder Jerry Greenfield leave the ice cream maker this week?

a. He is launching his own ice cream brand

b. He now considers ice cream to be a health hazard

c. He objects to recent staff cuts

d. He is protesting Unilever’s silencing of the brand’s social conscience

d. He is protesting Unilever’s silencing of the brand’s social conscience. Mr. Greenfield is leaving the ice cream brand after 47 years, saying that the independence it once had to speak up on social issues has been stifled by its parent company. In a letter, Mr. Greenfield said he could not “in good conscience” remain at Ben & Jerry’s because of interference from Unilever, which he said had agreed to give Ben & Jerry’s autonomy around its social mission when it acquired the brand more than two decades ago.

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