9 d. ago Potential impact of trade war on jobs and inflation sends US consumer sentiment plunging

WASHINGTON (AP) — Consumer sentiment fell sharply in April, the fourth consecutive month of declines, as an intensifying trade war fueled anxiety over American jobs and rising inflation. The University of Michigan’s closely watched consumer sentiment index, released Friday, fell 11% to 50.8, the lowest since the depths of the pandemic. The decline was “pervasive […]

Economics

9 d. ago Potential impact of Trump’s trade war on jobs and inflation sends US consumer sentiment plunging

WASHINGTON (AP) — U.S. consumer sentiment plunged in April, the fourth consecutive month of declines, in a seemingly sharp rebuke of President Donald Trump’s trade wars that have fueled anxiety over possible job losses and rising inflation. The preliminary reading of the University of Michigan’s closely watched consumer sentiment index, released Friday, fell 11% on […]

Economics

2 w. ago London jobless rate improves, but U.S. tariffs toll hasn't yet hit

The London region’s unemployment rate improved in March as the local economy added 2,200 new jobs, a strong showing that doesn’t yet reflect the impact of the trade war between Canada and the U.S. The region’s jobless rate now sits at 5.9 per cent, down from February’s 6.6 per cent, Statistics Canada reported Friday. Including […]

Economics

2 w. ago Mayors preach calm as Southwestern Ontario braces for auto tariffs

Southwestern Ontario mayors are bracing for job losses due to U.S. President Donald Trump’s trade war, but remain optimistic

Economics

3 w. ago Canadians’ fear of losing their jobs to a trade war is fading, new poll suggests

OTTAWA — A new poll suggests that Canadians are feeling less anxious about losing their jobs as U.S. President Donald Trump continues to pursue his trade war with Canada and much of the world. The Leger poll for The Canadian Press, which sampled 1,599 Canadian adults from March 21 to March 24, suggests that 38 […]

Economics

3 w. ago New poll suggests Canadians’ fear of losing their jobs to a trade war is fading

OTTAWA — A new poll suggests that Canadians are feeling less anxious about losing their jobs as U.S. President Donald Trump continues to pursue his trade war with Canada and much of the world. The Leger poll for The Canadian Press, which sampled 1,599 Canadian adults from March 21 to March 24, suggests that 38 […]

Economics