58 h. ago Democrats Dismiss Trump Firing Threats as US Shutdown Drags On

Democrats are standing firm in the face of President Donald Trump’s threats to leverage the US shutdown to fire thousands of federal workers and extract political revenge, with the two sides locked in a standoff that raises the prospects of lengthy furloughs and a prolonged disruption in government services.

Other

3 d. ago Trump uses government shutdown to dole out firings and political punishment

WASHINGTON — President Donald Trump has seized on the government shutdown as an opportunity to reshape the federal workforce and punish detractors, by threatening mass firings of workers and suggesting “irreversible” cuts to programs important to Democrats. Rather than simply furlough employees, as is usually done during any lapse of funds, White House press secretary […]

Politics

3 d. ago Trump to Talk Federal Job Cuts With White House Budget Chief

President Donald Trump said he will meet with White House Budget Director Russell Vought to discuss potential cuts to the federal workforce, ramping up pressure on Democrats to end the government shutdown, which is entering its second day.

Other

3 d. ago Bank of Canada says ‘weaker’ economy led to September rate cut

The Bank of Canada said last month's rate cut was as the result of the country's weakening economy amid the trade war and removing most retaliatory tariffs.

Other

4 d. ago Federal shutdown cuts off economic data vital to policymakers and investors

WASHINGTON (AP) — The government shutdown that began Wednesday will deprive policymakers and investors of economic data vital to their decision-making at a time of unusual uncertainty about the direction of the U.S. economy. The absence will be felt almost immediately, as the government’s monthly jobs report scheduled for release Friday will likely be delayed. […]

Events

4 d. ago Trump Plans to Use Shutdown to Fire Federal Workers This Week

White House Budget Director Russell Vought is planning to swiftly dismiss federal workers, a sign that Republicans will lean into hardball tactics to pressure Democrats to cave to end a government shutdown.

Events

4 d. ago Bank of Canada Weighed September Pause Amid Consumption Strength

The Bank of Canada considered holding interest rates steady in September amid trade uncertainty and stronger consumption, but opted to cut given signs of a weakening economy and tamer core inflation.

Other

4 d. ago Bank of Canada Mulled September Hold Amid Strong Consumption

The Bank of Canada considered holding interest rates steady in September amid trade uncertainty and stronger consumption, but opted to cut given signs of a weakening economy and tamer core inflation.

Other

4 d. ago Weaker economy, end to some retaliatory tariffs spurred Bank of Canada cut: summary

A weakening economy and the removal of most retaliatory tariffs helped convince the Bank of Canada that a cut to its key policy rate was warranted. The Bank of Canada released its summary of deliberations on Wednesday from the meeting ahead of its Sept. 17 decision to cut its benchmark rate by a quarter-percentage point […]

Economics

4 d. ago A U.S. government shutdown may affect interest rates — in Canada, too

U.S. statistical agencies that provide key economic data to the U.S. Federal Reserve are among the agencies impacted by a shutdown, and an interest rate meeting is looming.

Politics

5 d. ago Trump threatens mass firings as federal shutdown deadline nears

Lawmakers appeared no closer to a deal Monday after a meeting at the White House only served to underscore deep divide

Events

5 d. ago Posthaste: Why this economist thinks the Bank of Canada will cut more than expected — much more

Capital Economics predicts interest rate will drop to 1.75% by next year

Other

9 d. ago Economists Lower US Job Growth Through 2026, Fueling Rate Cuts

Economists downgraded their projections for US job growth through the end of next year, helping explain why the Federal Reserve is expected continue to lower interest rates.

Other

9 d. ago Asian Stocks to Fall as US GDP Clouds Rate Outlook: Markets Wrap

Asian stocks were poised to follow Wall Street lower as better-than-forecast US economic data clouded the outlook for future Federal Reserve rate cuts.

Economics

9 d. ago Asian Stocks to Fall, US Futures Wobble on Tariff: Markets Wrap

Asian stocks looked set for losses as strong US economic data and mixed signals from the Federal Reserve on rate cuts sparked worries about lofty valuations and weighed on Wall Street.

Economics

9 d. ago Mexico’s Central Bank Trims Interest Rate to 7.50%, Continuing Easing Cycle

Mexico’s central bank stuck to a slower pace of monetary easing by cutting its benchmark interest rate by a quarter point, as economic growth remains sluggish and trade tensions with the US persist.

Sport

1 week ago Canada's top baby names are out and one has been #1 for nine years in a row

The top baby names picked by Canadian parents for the year have been released, and the latest Statistics Canada figures released on Sept. 24 show two familiar names maintaining their grip on the top spots for 2024.Statistics Canada releases an annual list of the top baby names in the country, compiled each September using data from the Canadian Vital Statistics – Birth Database covering the previous calendar year.For the 2024 list, Canadian parents leaned on some familiar favourites — so much so that both of the top baby names are unchanged from 2023, with one of the two names now having held the top position for nine consecutive years.So, if you're an expecting parent looking for a bit of inspiration, or perhaps want to steer clear of the most popular names, the top 20 male and female baby names in Canada of 2024 are a great place to kick off your search.Popular boy namesNoah remained the most popular name for boys born in 2024, marking the fourth consecutive year t...

Other

1 week ago White House threatens mass firings as government shutdown looms

Washington (AFP) — The White House raised the stakes in a clash over a possible US government shutdown Thursday, telling federal agencies to prepare for more mass firings by President Donald Trump’s administration. The memo by the White House Office of Management and Budget warned that the Republican administration would go beyond the usual practice […]

Politics

1 week ago China Vows to Cut Greenhouse Gas Emissions 7% to 10% by 2035

China, the world’s largest polluter, set a target to cut economywide net greenhouse gas emissions 7% to 10% over the next decade, a strategy that’s seen as too modest to put the nation on a path to net zero and galvanize global climate action.

Society

1 week ago Trump cancels White House meeting with Schumer and Jeffries despite risk of a government shutdown

WASHINGTON (AP) — President Donald Trump has abruptly canceled this week’s planned meeting with congressional Democratic leaders, refusing to negotiate over their demands to shore up health care funds as part of a deal to prevent a potential looming federal government shutdown. In a lengthy Tuesday social media post, Trump rejected the sit-down the White […]

Politics