28 h. ago Charting the Global Economy: Weak Jobs, Steady Inflation Seal Fed Rate Cut

A record downward revision to annual US job growth, paired with no surprises in the latest inflation data, sealed the deal for the Federal Reserve to cut interest rates next week.

Economics

47 h. ago Russia cuts interest rate to 17% as strains show in wartime economy

Russia’s central bank cut its benchmark interest rate Friday by one percentage point to 17%, a step that could support the economy as growth slows and spending on the war against Ukraine increases the budget deficit. The bank had raised its key rate as high as 21% to combat inflation, but has begun to retreat […]

Culture

48 h. ago Allied Nations Gather to Discuss Future of Multilateral Defence Security Financing

LONDON — The Defence, Security and Resilience Bank (DSRB) Development Group co-hosted an international conference in the City of London this week to discuss the creation of a new multilateral bank designed to bring capital market expertise to the frontlines of global security. The event at Mansion House, co-hosted by the Lord Mayor of London, […]

Events

48 h. ago Buyers showing optimism, could a real estate turnaround be far behind?

A combination of lower interest rates, increased inventory and improved affordability will entice buyers to get back into action Following a period characterized by consumer uncertainty and a pull-back of buyers in early 2025, the Canadian housing market may be turning a new leaf this fall, according to a new REMAX Fall Housing Market Update. […]

Other

51 h. ago Next week’s decision could be a leap of faith for Bank of Canada

Robert McLister: Rate cuts only make sense if central bankers genuinely believe inflation will glide back to target

Other

61 h. ago Calgary mayor’s $112K in spending questioned ahead of election as Gondek defends move

The Calgary Party is calling for an investigation into the mayor's office spending, but Calgary Mayor Jyoti Gondek is calling the allegations 'baseless' and denied wrongdoing.

Politics

62 h. ago Asia Joins Global Equity Rally After US Inflation: Markets Wrap

Asia joined a global equity rally after relatively tame US inflation data and cooling jobs numbers clinched a path for the Federal Reserve to cut interest rates next week.

Economics

62 h. ago Asian Stocks Near Record High on Fed Rate Cut Bets: Markets Wrap

Asian stocks rallied, with MSCI’s regional gauge nearing a record high, after US inflation and jobless claims data cemented expectations the Federal Reserve will cut interest rates next week.

Economics

67 h. ago Canadian households’ net worth rises for seventh straight quarter to $17.9 trillion

Stocks a key driver due to resilient equity markets

Economics

68 h. ago US Stocks Advance as CPI Report Buoys Trader Bets on Rate Cuts

Equities climbed on Thursday, touching new intraday records as investors expect an in-line inflation report to trigger a Federal Reserve interest rate cut next week.

Economics

69 h. ago Toronto & York Region Labour Council: Minister Calandra a Hypocrite for Spending Thousands on Toronto Hotels and Pancakes

TORONTO, Sept. 11, 2025 (GLOBE NEWSWIRE) — The Toronto & York Region Labour Council is drawing attention to Minister Paul Calandra’s questionable expenses as he accuses various School Trustees of “mismanagement.” Calandra’s own expense reports show that since 2023, he’s billed taxpayers $23,000 for a community BBQ in his riding, $2,200 for Strawberry pancakes and […]

Politics

69 h. ago Here Are the Key Takeaways From the US CPI Report for August

Here are five key takeaways from the August US consumer price index report, released Thursday:

Other

2 d. ago Insurity Survey Reveals Half of Consumers Would Switch Insurers and Pay Higher Premiums for Better Severe Weather Coverage

Consumer confidence in current coverage remains low, with only 12% feeling fully protected against severe weather risks HARTFORD, Conn. — Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, today shared findings from its 2025 Severe Weather P&C Consumer Pulse Survey, showing that nearly half of policyholders are willing to switch […]

Other

3 d. ago Canadians Considering Switching Banks and Lenders to Meet Their Credit and Mortgage Needs

Survey finds younger Canadians are thinking about switching from their current lenders for additional credit support, while mortgage-holders eye refinancing options TORONTO, Sept. 11, 2025 (GLOBE NEWSWIRE) — Canadians are re-evaluating their financial relationships, according to new research from Equifax Canada. A new consumer survey* commissioned by Equifax Canada shows many people in Canada are […]

Economics

3 d. ago Today's letters: On the anniversary of 9/11, New York shows what 'resilience' is

Thursday, Sept. 11: It's hard to believe 24 years have passed since the attack on the twin towers, a reader says. You can write to us too, at letters@ottawacitizen.com

Other

3 d. ago Inflation likely rose last month as Trump’s sweeping tariffs boost goods prices

WASHINGTON (AP) — U.S. inflation likely ticked higher last month as the Trump administration’s import taxes have lifted the price of goods, potentially putting the Federal Reserve in a tough spot when it meets next week. Economists forecast that consumer prices rose 2.9% in August from a year earlier, according to a survey of economists […]

Economics

3 d. ago Gold Steadies Near Record as Traders Gear Up for Inflation Data

Gold steadied just below a record after a surprise drop in US producer prices supported the case for the Federal Reserve to ease policy.

Economics

3 d. ago Chinatown stabbing suspect says he was mentally and ’morally’ sick at time of attack

Blair Donnelly testified that he was consumed by the thought of harming people when he was let out of the B.C. Forensic Psychiatric Hospital in Coquitlam

Events

3 d. ago Calgary mayoral candidate calls for end of downtown supervised consumption site

Ward 1 Coun. Sonya Sharp, running for mayor under the Communities First banner, also pledged to decentralize the city's largest homeless shelter in the East Village.

Other

3 d. ago Mayoral candidate renews call to close supervised consumption site, decentralize Drop

Mayoral candidate Sonya Sharp says if elected next month, she’ll call on the province to close Calgary’s only supervised consumption site, while also pledging to decentralize the city’s largest homeless shelter. At a campaign announcement near the Sheldon M. Chumir Health Centre Wednesday morning, Sharp said that while the Safeworks supervised consumption site falls within […]

Other