U.S. tariffs ‘greatest intentional destruction of income ever’: Stephen Poloz
TORONTO — A former Bank of Canada governor says the tariffs being imposed by the U.S. will be…
Jimmy Kimmel’s sudden suspension shocked his staff — and celebrity guests who were en route to appear on the show
As news was breaking of Jimmy Kimmel’s late-night show being suspended, guests booked on Wednesday’s episode were already…
US Fed makes first rate cut of 2025 over employment risks
Economists expect to see growing divisions among the Federal Reserve’s rate-setting committee (Andrew Harnik) The US Federal Reserve…
US manufacturing output unexpectedly rises on rebound in motor vehicle production
WASHINGTON (Reuters) -U.S. factory production unexpectedly increased in August amid a rebound in the output of motor vehicles…
Asia stocks scale new highs, dollar tentative as investors eye Fed cut
By Rae Wee SINGAPORE (Reuters) -Asia stocks climbed on Tuesday while the dollar was on the back foot…
Stocks hesitate in Asia with a lot riding on the Fed
By Wayne Cole SYDNEY (Reuters) -Stocks got off to a quiet start in Asia on Monday ahead of…
I Asked ChatGPT How the Trump Tariffs Will Affect the Economy: Here’s What It Said
Nathan Posner / Shutterstock.com The U.S. economy has been sending mixed messages this year. Among the bright spots…
Global 36-Hour Interest-Rate Spree Heralds First US Cut of 2025
Chairman of the US Federal Reserve Jerome Powell, from left, Governor of the Bank of Canada Tiff Macklem,…
Unemployment, inflation and GDP growth will be worse this year than projected, budget office says
WASHINGTON (AP) — President Donald Trump’s tariff policy, immigration crackdowns and sweeping tax and spending law are expected…
Consumers’ economic outlook falls to lowest level since May
U.S. consumers are almost back to worrying about the economy like they did in May. Consumer sentiment has…
Tesla Pivots to Robots as Investors Question Sales and Soaring Valuation
A Tesla Optimus robot (Bloomberg) — Elon Musk may be trying to pivot Tesla Inc. away from electric…
Canadian politicians condemn shooting of conservative activist Charlie Kirk
OTTAWA — Politicians in Canada are speaking out about political violence after Charlie Kirk, a conservative activist and…