1 hour ago US producer prices unchanged with wholesale inflation remaining under control

WASHINGTON (AP) — U.S. wholesale inflation cooled last month, despite worries that President Donald Trump’s tariffs would push prices higher for goods before they reach consumers. The Labor Department reported Wednesday that its producer price index — which tracks inflation before it hits consumers — was unchanged last month from May and up 2.3% from […]

Economics

2 h. ago Thailand to Make Fresh Proposals to US in Bid to Avert Tariff

Thailand’s finance minister will present fresh proposals to US trade officials in talks scheduled for Wednesday, the latest effort by the nation to avoid a 36% tariff threatened by President Donald Trump.

Economics

2 h. ago Russia attacks 4 Ukrainian cities as time ticks down to U.S. peace deadline

The latest bombardment in Russia’s escalating aerial campaign against civilian areas came ahead of a Sept. 2 peace deadline set by U.S. President Donald Trump.

Events

3 h. ago Trump suggests he may use U.S. Federal Reserve renovation to oust Powell

The push comes after a monthslong campaign by U.S. President Donald Trump to try to rid himself of the politically independent central banker.

Other

3 h. ago India Seeks Lower Tariff Than Indonesia in Race to Clinch Deal

Indian officials are hoping to secure a trade deal with US President Donald Trump at a lower tariff rate than he’d agreed with Indonesia as New Delhi races to meet an Aug. 1 deadline.

Economics

3 h. ago Carney to meet with steelworkers as U.S. trade talks continue

It has been more than a month since U.S. President Donald Trump doubled tariffs on steel and aluminum products from 25 to 50 per cent.

Society

3 h. ago Carney heads to Hamilton to meet steelworkers as U.S. trade talks continue

OTTAWA — Prime Minister Mark Carney is scheduled to be in Hamilton today to make an announcement related to the steel industry. It has been more than a month since U.S. President Donald Trump doubled tariffs on steel and aluminum from 25 to 50 per cent, adding further economic insult to the two industries in […]

Society

4 h. ago Prabowo Confirms US to Impose 19% Tariff on Indonesian Goods

Indonesia’s president said he struck a 19% tariff deal with US President Donald Trump, the first confirmation of the key agreement detail after months of talks between the countries.

Economics

6 h. ago Trump Tariffs Once Viewed as Punitive Now Win Market Approval

Financial markets greeted US President Donald Trump’s tariff deal with Indonesia with little fanfare Wednesday, signaling the rate of around 20% that was once viewed as punitive is now seen as workable.

Economics

6 h. ago Foodtastic has built a $1B restaurant empire — but its CEO is still hungry for more

As he sits in the back office of a Pita Pit in Kingston, Ont., on a recent Thursday morning, restaurant impresario Peter Mammas is all smiles. His rosy demeanour defies the tariff storm and customer cutbacks roiling his industry but reflects the optimism he’s feeling around the future of his restaurant conglomerate, Foodtastic. The nine-year-old, […]

Economics

6 h. ago Ottawa economy plunged into uncertainty as inflation, unemployment, tariff threats rise

Statistics Canada said Tuesday that the pace of inflation sped up to 1.9 per cent last month, up from a 1.7 per cent increase in May.

Economics

9 h. ago Iron Ore Tops $100 for First Time Since May on China Sentiment

Iron ore rose above $100 a ton on improving sentiment over Chinese economic growth, and as Rio Tinto Group brought forward its timeline for the first shipment from a massive mine in Guinea.

Economics

11 h. ago Democrats’ Path to Power Is ‘Climate Populism’, US Representative Says

Arizona Democrat Yassamin Ansari told attendees of Bloomberg Green Seattle that focusing on the rising costs of energy will resonate with voters.

Society

11 h. ago Rio Says Trump Tariffs Added $300 Million in Costs for Aluminum

Mining giant Rio Tinto Group said US tariffs on its Canada-made aluminum generated gross costs of more than $300 million in the first half, in another sign of how President Donald Trump’s trade agenda is shaking up metals supply chains.

Economics

14 h. ago Edmonton group pushes growth, claims suburbs generate more taxes than costs

On Tuesday, BILD Edmonton Metro and industry leaders released their Urban Growth Case Study. The report examined two of Edmonton’s fastest-growing areas.

Economics

14 h. ago Trump administration orders 2,000 National Guard troops to leave L.A., some will remain

President Donald Trump’s administration is ending the deployment of 2,000 National Guard troops sent to Los Angeles to support immigration enforcement activities, Chief Pentagon spokesperson Sean Parnell announced Tuesday. The president ordered the deployment of about 4,000 California National Guard troops and 700 active-duty Marines in early June to respond to protests against immigration raids […]

Society

14 h. ago Pentagon ends deployment of 2,000 National Guard troops in L.A.

LOS ANGELES — The Pentagon said Tuesday it is ending the deployment of 2,000 National Guard troops in Los Angeles, accounting for nearly half of the soldiers sent to the city to deal with protests over the Trump administration’s immigration crackdown. Roughly 4,000 National Guard soldiers and 700 Marines have been in the city since […]

Society

14 h. ago Trump Says Drug Tariffs Probable by Aug. 1, Downplays More Deals

President Donald Trump said that he was likely to impose tariffs on pharmaceuticals as soon as the end of the month and that levies on semiconductors could come soon as well, suggesting that those import taxes could hit alongside broad “reciprocal” rates set for implementation on Aug. 1.

Economics

15 h. ago Safety concerns continue for Orléans residents over roads near plaza entrance

Area residents want traffic lights, but the City of Ottawa says it's up to a condo board or plaza ownership to pay the cost.

Transport

15 h. ago Opinion: How municipalities can unlock the potential of laneway homes in Metro Vancouver

Opinion: Laneway housing could be a scalable solution to the housing crisis if municipalities streamline permitting, reduce infrastructure costs, and embrace pre-approved modular designs

Politics