48 h. ago Israeli Economy at Risk From Tariffs, Central Bank Chief Says

Israel’s central bank said that US-imposed tariffs are affecting the Jewish state’s economy as markets and tech investments come under risk.

Economics

4 d. ago Browns bring in Journey for a concert before the start of the NFL draft

CLEVELAND — The Cleveland Browns took a Journey to the first night of the NFL draft. As if having a top-five pick didn’t create enough interest, the Browns decided to reward their season ticket holders by bringing in Journey for a concert at Huntington Bank Field before the picks began. Brent Rossi, the Browns’ chief […]

Culture

4 d. ago National Bank’s CEO Rails Against Red Tape for Energy Projects

National Bank of Canada’s chief executive officer called for a “complete overhaul” of the country’s economic and industrial policies just days before Canadians are set to vote in the federal election.

Society

5 d. ago Here's the salary you need to earn to afford a home in Toronto right now

It may be one of the worst times in years to try and sell a home in Toronto, but conversely, those in the market to buy a property may be able to land themselves somewhat of a deal (relative to the city's infamously ludicrous prices, that is).Prices are finally starting to erode in the face of a terribly stagnant market, most notably in the condo sector, where fewer units are changing hands than ever in the last three decades.According to the latest data from the Toronto Regional Real Estate Board (TRREB), the average price of the typical GTA condo fell 2.6 per cent from March 2024 to the month prior, while the average price of a home of any type is down a similar 2.5 per cent over the same period.Sales have dropped a staggering 23.1 per cent year-over-year, while active listings have shot up 88.8 per cent, giving buyers the advantage of choice and negotiating power.As such, along with a Bank of Canada mortgage rate cut in March, the annua...

Other

1 week ago Will the Bank of Canada cut interest rates again as trade war deepens?

Some analysts expect the central bank to cut its benchmark rate by 25 basis points, bringing it down to 2.5 per cent, while others expect the rate to be held steady.

Economics

2 w. ago Another Bank of Canada interest rate cut is on the way and here's what could happen

Amid times of economic uncertainty — an upcoming federal election and tense relations with the U.S. — Canadians are waiting for the next Bank of Canada (BoC) interest rate announcement.The central bank has made two 0.25 per cent cuts to its key interest rate so far this year, with the last one on March 12 bringing the rate to 2.75 per cent.That announcement came a week after U.S. President Donald Trump imposed a 25 per cent tariff on all Canadian goods, and Canada retaliated with counter-tariffs. The BoC claimed the Canadian economy entered the year in a "solid position," saying GDP showed robust growth, and inflation was finally close to the two per cent target.However, with economic aggression from the U.S., BoC officials predicted a slower pace of economic activity and increased inflationary pressures in Canada. The latter concern contributed to the decision to lower the policy rate by a quarter point.The last BoC update did not come with an extensive m...

Other

2 w. ago BMO defends climate efforts as investors push for more disclosure

BMO chief executive Darryl White said the bank is committed to being the lead partner for companies in the energy transition

Society

2 w. ago Scotiabank CEO Wants a Majority Government in Canada’s Election

As Canada’s two major political parties come to a head in the federal election in the face of Washington’s trade war, Bank of Nova Scotia’s chief executive officer is making it clear: the best outcome would be one party in control, leaving the uncertainty behind.

Politics

2 w. ago Kenya Cuts Key Rate by More Than Expected Amid Tariff Worries

Kenya’s central bank cut its benchmark interest rate for the fifth time in a row, slashing the rate by more than expected amid heightened geopolitical risks from US President Donald Trump’s reciprocal tariffs.

Economics

3 w. ago Bank of Canada expected to make deeper rate cuts amid stock rout, job losses

Traders put the odds at about a coin flip for another rate cut on April 16

Economics

3 w. ago Bank of Canada April rate cut still in play as job market weakens, economists say

Tariff uncertainty to continue to weigh on economy and hiring

Other

3 w. ago Polish Central Bank Chief Stumps Markets With Rate Cut Pivot

Polish central banker Adam Glapinski has an all-or-nothing style that’s hard to grasp for financial markets. A week after insisting there were no grounds for monetary easing, the governor said that he may personally file a motion to cut interest rates as soon as May.

Other