2 h. ago A look at Trump’s first 100 (are we missing a zero?) days in office

Here's the U.S. president's progress on campaign promises and his effect on key economic issues to date

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2 h. ago Ontario expected to fall into recession this year as a result of U.S. tariffs

There's been a lot of talk about a forthcoming recession in Canada since Wells Fargo forecasted that the nation will "enter a technical recession this year," but anyone who's been staying abreast of our languishing economic trajectory is well aware that we've already been in a per-capita recession for many months.With unemployment continuing to rise alongside the cost of living, the U.S. slapping tariffs on Canadian imports has come at possibly the worst time, and will be a key factor edging us into recession proper.Of course, some industries and geographical areas will feel the effects more than others, depending on how things end up playing out in the hands of a flip-floppy President Trump. But when it comes to Ontario specifically, one new report sheds light on what Canada's most populous province can expect economically.Coming from the desk of the Financial Accountability Office of Ontario, the docu...

Economics

2 h. ago NDP’s nationwide collapse key factor in federal election results, pundits say

Singh New Democrats lost seven seats to Carney Liberals on Monday, plus 10 to Poilievre Conservatives

Politics

4 h. ago Stock markets drop on news that U.S. economy shrank amid tariffs

Such data raises the threat of a worst-case scenario called 'stagflation,' one where the economy stagnates yet inflation remains high.

Economics

5 h. ago The Future is Here: Visa Announces New Era of Commerce Featuring AI

Global leader brings its trusted brand and powerful network to enable payments with new technologies Launches new innovations and partnerships to drive flexibility, security and acceptance SAN FRANCISCO — The future of commerce is on display at the Visa Global Product Drop with powerful AI-enabled advancements allowing consumers to find and buy with AI […]

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6 h. ago Citi Banker Says Clients Consider Climate Investments Outside US

Renewable energy and climate technology companies that flocked to the US to profit from the subsidies provided by the Biden administration’s Inflation Reduction Act are reassessing whether the US remains the optimal place to run a low-carbon business, according to a senior Citigroup Inc. banker.

Society

7 h. ago Indigenous Partnerships and Economic Growth Take Centre Stage at the First Nations Major Projects Coalition’s 8th Annual Conference in Toronto this Week

Key sessions explored strategies to advance Indigenous equity, attract investment and drive sustainable economic growth, with over 1,800 attendees across First Nations, business, industry and government helping to shape Canada’s economic future TORONTO, April 30, 2025 (GLOBE NEWSWIRE) — Over the course of two days in the heart of Canada’s financial sector in downtown Toronto, […]

Culture

7 h. ago Mindy Grubb Named Executive Director of eXtend a Hand, Uniting Real Estate Leadership with Philanthropic Purpose

With 20 years of industry experience, Grubb steps into a key role to elevate eXp’s commitment to giving back BELLINGHAM, Wash., April 30, 2025 (GLOBE NEWSWIRE) — eXp Realty®, the most agent-centric real estate brokerage on the planet™ and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), proudly announces that Mindy Grubb, Vice […]

Politics

7 h. ago US Consumer Spending Jumps While Key Inflation Gauge Slows Down

US consumer spending jumped in March while a key measure of inflation decelerated, a welcome reprieve before tariffs are expected to broadly drive up prices.

Economics

9 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

10 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

10 h. ago Why are young adults getting colorectal cancer? E. coli may be a clue

Exposure to a bacterial toxin in childhood may be playing a key role in the global rise of early onset of colorectal cancer, according to a new study.

Science

12 h. ago Kremlin says a deal to end the war with Ukraine can’t be achieved quickly

KYIV, Ukraine (AP) — Clinching a deal to end the Russia-Ukraine war “is far too complex to be done quickly,” a senior Kremlin official said Wednesday, as the U.S. labours to bring momentum to peace efforts and expresses frustration over the slow progress. Meanwhile, a nighttime Russian drone attack on Ukraine’s second-largest city of Kharkiv […]

Other

17 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

20 h. ago LG Energy Cuts Spending on Grim Outlook, Despite Profit Jump

LG Energy Solution Ltd. reported first-quarter profit that exceeded analyst expectations, helped by stronger-than-expected demand from the US and favorable exchange rates.

Other

21 h. ago Toronto Sceptres’ Carly Jackson gets her moment and makes the very most of it

Carly Jackson is the consummate teammate. A member of the Sceptres goaltending trio since its inception, Jackson has found herself most game nights up in the press box with the members of the Sceptres not dressing for the game. On at least one occasion last season, Jackson was dressed and on the bench but did […]

Transport

23 h. ago 'A time of reckoning': Federal NDP collapse raises key questions about future of party

Fear of U.S. President Donald Trump and a shift away from the NDP's traditional working-class base were key factors in the party's downfall. What happens now?

Culture

26 h. ago Will five teams in the NHL playoffs (and a surge of patriotism) mean ka

Will heightened patriotism born of the U.S. trade war encourage fans to come out and spend? Or will financial uncertainty keep them at home?

Other

29 h. ago JetBlue Pulls Outlook, Sees Travel Demand Slowdown Worsening

JetBlue Airways Corp. withdrew its full-year financial outlook and said a slowdown in demand for air travel is poised to worsen as President Donald Trump’s trade war erodes consumer confidence.

Transport

29 h. ago Gabriel Diallo advances, Denis Shapovalov exits at Madrid Open

Montreal’s Gabriel Diallo, who earned entry into the Madrid Open as a lucky loser, advanced to the fourth round Tuesday with a 2-6, 6-4, 6-4 comeback win over Britain’s Cameron Norrie. The 22-year-old fired eight aces and earned key breaks in each of the final two sets to move on at the clay-court tournament. Diallo, […]

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