7 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

7 d. ago Asian shares are mixed as markets shrug off a likely US government shutdown

Shares were mixed in Asia on Wednesday, with Chinese markets closed for a weeklong holiday, as a U.S. government shutdown loomed. Japan’s Nikkei 225 index shed 1.2% to 44,411.26 after the Bank of Japan reported a slight improvement in business sentiment among major manufacturers. The BOJ’s quarterly tankan adds to the likelihood the central bank […]

Politics

8 d. ago Stock markets reverse course to a positive finish despite looming U.S. shutdown

TORONTO — Canada’s main stock index and U.S. markets finished in positive territory after reversing course from earlier declines on Tuesday, despite a looming U.S. government shutdown. John Zechner, chairman at J. Zechner Associates, noted it was the last day of the quarter, when markets tend to “quiet down a little bit” as some investors […]

Economics

8 d. ago US IPOs Face SEC Approval Deadline Ahead of Government Shutdown

The looming shutdown of the US government is threatening to interrupt the recent IPO revival, with companies facing a tight deadline to secure approval as the market regulator prepares to halt most of its activities.

Politics

8 d. ago Stocks Steady as Shutdown Looms; CoreWeave Soars on Deal With Meta

US stocks wavered on Tuesday, wrapping up their best September in 15 years on a cautious note ahead of a potential government shutdown.

Economics

8 d. ago CoreWeave Inks $14 Billion Meta Deal, Highlighting AI Demand

CoreWeave Inc. has signed a deal to supply Meta Platforms Inc. with as much as $14.2 billion worth of computing power, underscoring the massive costs of developing and running advanced AI models.

Economics

9 d. ago US Stocks Edge Higher; New Tariffs, Shutdown Worries Limit Gains

US stocks advanced on Monday, beginning the week on a positive note even as concerns around new tariffs, the potential for a government shutdown and looming key economic data kept gains in check.

Economics

1 week ago Trump and congressional leaders to meet as government shutdown deadline looms

Democrats want bill to fund government to include extension of health-care subsidies and a restoration of budget cuts to health care

Politics

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

2 w. 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

3 w. ago Shutdown talk heats up as Democrats insist on stopping health

WASHINGTON — A deadline looming, Congress charged Monday toward a federal government shutdown as Republicans brush back Democratic demands to save health care funding from cutbacks, while Democrats are flexing a newfound willingness to play hardball, even if it means closing offices and services. Republican leaders are ready to call the Democrats’ bluff, possibly as […]

Science

3 w. ago Stocks Hold Near Record Before Fed, Dollar Steady: Markets Wrap

Stocks hovered near record highs and the dollar steadied as a new week began, with investors focused on the Federal Reserve’s upcoming policy decision.

Economics

4 w. ago Asian Shares Steady as US Stocks Climb into CPI: Markets Wrap

Asian equities were mixed Thursday after a rally on Wall Street drove stocks and bonds higher, as a drop in producer prices supported bets the Federal Reserve will resume cutting interest rates next week.

Economics