38 h. ago Fed’s preferred inflation gauge stayed elevated in September as spending weakened

WASHINGTON (AP) — The Federal Reserve’s preferred measure of inflation changed little in September, likely easing the way to a widely expected interest rate cut by the central bank next week. Prices rose 0.3% in September from August, the Commerce Department said Friday in a report that was delayed five weeks by the government shutdown. […]

Economics

66 h. ago Colby Cosh: Costco’s tariff lawsuit hints that Americans are tiring of Trump protectionism

Would Costco still have sued the U.S. government if the president's ratings were higher?

Economics

5 d. ago Algoma Steel to lay off 1,000 workers over ‘unprecedented tariffs’

Algoma Steel said Monday that it plans to lay off about 1,000 workers due to impacts from tariffs imposed by U.S. President Donald Trump's tariff policies.

Society

2 w. ago Donald Trump’s tariff cut may ease pain for U.S. coffee and beef lovers

Americans have struggled under strain of high grocery bills

Economics

2 w. ago Trump tariff cut may ease pain for U.S. coffee and beef lovers

Fears of shortages in the U.S. market had pushed futures prices higher and now some relief is expected

Economics

2 w. ago Trump’s US tariff reversal hailed as victory by Brazilian coffee exporters

SAO PAULO (AP) — Brazilian coffee exporters celebrated Friday after U.S. President Donald Trump ordered the removal of additional import tariffs on the product that had been set at 40% in July. Cecafe, Brazil’s coffee exporters council, called the tariff hike “a complete loss of competitiveness.” “The tariff reversal comes after months of intense work […]

Economics

2 w. ago Euro Zone Set for Moderate Growth After 2025 Resilience, EU Says

The euro-area economy will maintain its moderate expansion after weathering Donald Trump’s tariff turmoil better than expected, according to the European Commission.

Economics

3 w. ago CHARLEBOIS: Why Trump’s food tariff reversal is quietly great for Canada

Canadian roasters, chocolatiers, bakeries, beverage processors, food manufacturers and restaurant chains all stand to enjoy relief in their margins.

Economics

3 w. ago Most Canadians Say US Trade Deal Unlikely in Next Six Months

Canadians have little faith a trade deal with the US will be reached in the next six months, after US President Donald Trump blew up talks over an anti-tariff ad campaign launched by the province of Ontario.

Economics

3 w. ago Swiss Billionaires Pivotal in Wooing Trump Ahead of Tariff Deal

As Switzerland closes in on a deal with the US to lower tariffs on the country, it will owe thanks to some of its richest executives who played a key role in wooing President Donald Trump.

Economics

3 w. ago Trump Says Close to India Trade Deal to Bring Tariff Rate Down

President Donald Trump said he “at some point” would reduce the tariff rate on Indian goods, saying the US was getting “pretty close” to a trade deal with New Delhi.

Economics