6 h. ago US inflation cools and Americans step up spending as they brace for tariff impact

WASHINGTON (AP) — A closely watched inflation gauge cooled last month in a sign that prices were steadily easing before most of President Donald Trump’s tariffs were implemented. At the same time, consumers accelerated their spending, particularly on cars, likely in an effort to get ahead of the duties. Wednesday’s report from the Commerce Department […]

Economics

7 h. ago U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt businesses

The U.S. economy shrank at a 0.3% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business. First-quarter growth was slowed by a surge in imports as companies in the United States tried to bring in foreign goods before Trump imposed massive tariffs. The January-March […]

Economics

8 h. ago Tariff impact grows as companies’ steps to soften blow fades: Deloitte

Deloitte Canada's chief economist says a modest downturn is ahead for Canada, while a loss of free-trade access to the United States would create a more permanent hit.

Economics

14 h. ago Stocks Are Mixed in Buildup to Big Tech Earnings: Markets Wrap

European stocks rose, while US futures slipped as tariff turmoil threw up a mixed impact on company earnings and as investors looked ahead to key US economic data.

Economics

7 d. ago Rogers Suffers Wireless Growth Hit as Canada Curbs Immigration

Rogers Communications Inc. saw a major drop-off in growth in wireless, its most important business, as Canada’s population growth slowed and rival companies fought for consumers with discounted data plans.

Other

2 w. ago Steel, Aluminum Makers’ Earnings to Shed Light on Trump Tariff Impact

When the world’s biggest aluminum- and steel-makers report first-quarter earnings, investors are hoping they’ll offer a window into how President Donald Trump’s tariff measures will ripple through the industry in the coming year.

Economics

2 w. ago Bank of Canada holds interest rate steady for first time in 2025

The Bank of Canada (BoC) announced that it's holding its policy rate at 2.75 per cent on Wednesday morning.Before this, the central bank had made two 0.25 per cent cuts to its key interest rate, with the last one on March 12 bringing the rate to 2.75 per cent.On Tuesday, Statistics Canada shared March inflation data, showing that inflation slowed to 2.3 per cent following a 2.6 per cent increase in February.Last week, Ratehub.ca mortgage expert Penelope Graham told us that while Canada had largely dodged the worst of the tariff pain, the BoC's policymakers would assess the impact on our trade partners, and the effect at home, to make a decision on April 16.She said the central bank would be weighing plummeting consumer and business sentiment, based on its own quarterly survey.Upcoming Bank of Canada rate announcementsKeep an eye on the Bank of Canada website at 9:45 a.m. on the following dates:Wednesday, June 4, 2025 (rate update only)Wednesday, July 30, 2025 (rate up...

Other

2 w. ago Trump’s Tangled Tariffs Sow Confusion as Negotiators Line Up

President Donald Trump’s tariff exclusions for smartphones and other tech products have added to a growing set of confusing signals for companies and trading partners digesting how to engage a White House still promising to negotiate dozens of new deals in America’s favor.

Economics

2 w. ago Economist predict March inflation at 2.6 per cent, with ‘modest’ tariff impact

While trade tensions have helped put pressure on inflation in areas like a lower loonie, they've also reduced pressure in other areas, like lower economic confidence and lower commodity prices

Economics

2 w. ago CGTN: China’s silver screen pivot: Why U.S. tariff policy is to blame

CGTN published an article on how China’s new film partnership with Spain contrasts with its cuts to U.S. film imports, exposing the self-defeating impact of America’s tariff war – jeopardizing Hollywood’s most lucrative foreign market and undermining the country’s broader services trade dominance. BEIJING, April 13, 2025 (GLOBE NEWSWIRE) — During Spanish Prime Minister Pedro […]

Economics

2 w. ago Mexico Aims to Raise Auto Tariff Exemptions, Trade Official Says

Mexico wants a greater proportion of each auto built in the country to qualify for US origin status, a move that would lower the impact of President Donald Trump’s tariff policies, Deputy Economy Minister for Foreign Trade Luis Rosendo Gutierrez said.

Economics

2 w. ago Glass House Brands and Eaze Partner to Launch PLUS Cannabis Gummies in Florida

LONG BEACH, Calif. and TORONTO, April 10, 2025 (GLOBE NEWSWIRE) — Glass House Brands Inc. (“Glass House” or the “Company”) (CBOE CA: GLAS.A.U) (CBOE CA: GLAS.WT.U) (OTCQX: GLASF) (OTCQX:GHBWF), one of the fastest-growing, vertically integrated cannabis companies in the United States, has announced a partnership with Eaze Inc. (“Eaze”) to launch PLUS cannabis gummies in […]

Culture

2 w. ago Sharjah Breaks Global Record in Nutrition Quality Thanks to Innovative Food Techniques

SHARJAH, United Arab Emirates — Sharjah, a leading hub for innovation and excellence in the United Arab Emirates, is making a significant contribution to global food security and sustainability by producing an innovative wheat variety with an unprecedented protein content of 19.3%—the highest recorded worldwide. With growing interest from global food companies, Sharjah is looking […]

Sport

3 w. ago Thai Parliament Holds Urgent Debate as US Tariff Takes Effect

Thailand’s parliament held an urgent debate on the fallout of the 36% US levy on the country’s exports as lawmakers expressed concern about the long-term impact of the tariff on the trade-reliant nation’s economy.

Economics