6 h. ago Apollo’s Zito Warns Trade War Risks Eroding US Dominance in Capital Markets

The US is risking potential erosion of its longtime dominance in capital markets amid President Donald Trump’s global trade war, warned John Zito, co-president of Apollo Global Management Inc.’s asset-management arm.

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

26 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

28 h. ago What Canada’s election results mean for Canadians, Trump and U.S. tariffs

Canada’s Liberal Party, led by Mark Carney, is projected to win a federal election that played out against a tumultuous backdrop of President Donald Trump’s trade war and annexation threats. It was not immediately clear whether the Liberals would lead a minority or majority government as votes continued to be counted early Tuesday. Either way, […]

Politics

28 h. ago Bitcoin devotees plowed US$3 billion into ETFs as crypto surges

Crypto enthusiasts assert bitcoin’s resilience versus stocks as Donald Trump’s trade war gives rise to market upheaval

Economics

32 h. ago What Mark Carney’s victory means for the trade war with Trump

Mark Carney and the Liberal Party were elected to form government and effectively chosen to lead Canada through the trade war sparked by U.S. President Donald Trump.

Economics

42 h. ago Carney’s Liberals Win Canada Election, Setting Up Talks With US

Canada’s Liberal Party won a fourth consecutive election, giving a mandate to former central banker Mark Carney after a campaign in which he pledged to boost economic growth and stand up to US President Donald Trump in a trade war.

Politics

47 h. ago Given Trump’s trade war, are Big Tech’s earnings estimates too high?

As Microsoft, Apple, Meta and Amazon prepare to report Q1 results, weaker than expected earnings may cause a further selloff

Economics

48 h. ago Rystad Cuts US Shale Oil Growth View on Tariffs, Lower Prices

Oil industry consultant Rystad Energy has slashed its estimate for US onshore crude growth by more than half for this year, amid lower commodity prices and higher costs brought on by President Donald Trump’s global trade war.

Economics

4 d. ago Trump is aiming for big concessions on trade, Carney warns voters

(Bloomberg) — Mark Carney said he expects U.S. President Donald Trump will try to extract “major concessions” from Canada in negotiations, and that he takes seriously the president’s stated desire to turn the country into a US state. “Take what the president says literally. I take it literally. I always have,” the Canadian prime minister […]

Economics

4 d. ago Trump Is Aiming for Big Concessions on Trade, Carney Warns Canada Voters

Mark Carney said he expects US President Donald Trump will try to extract “major concessions” from Canada in negotiations, and that he takes seriously the president’s stated desire to turn the country into a US state.

Economics

4 d. ago Trading card hobby in Canada impacted by mounting trade war centred around U.S.

MISSISSAUGA — The international trade war started by U.S. President Donald Trump has complicated collecting trading cards in Canada. Several facets of the hobby have been impacted by the shifting web of tariffs between Canada, China, and the United States, with distributors, retailers, resellers, auction houses and collectors riding the highs and lows. Jeff MacDougall, […]

Economics

5 d. ago Canada’s Election Winner Faces Economy That’s Near Recession

Canada’s next prime minister is set to inherit a half-year of flat economic growth, economists predict, an immediate test of their governance as President Donald Trump’s trade war grinds business investment and exports lower.

Politics

5 d. ago Africa Suffers Collateral Damage in Trade War. IMF Ready to Help

African economic growth will be slower than forecast due to President Donald Trump’s trade war and his freeze on US aid, the International Monetary Fund said, as it pledged to support countries in need.

Economics

5 d. ago Energy Secretary Tries to Reassure US Oil Bosses Amid Trade War

Energy Secretary Chris Wright sought to reassure US oil companies during a visit to Oklahoma, saying turmoil from President Donald Trump’s trade war is apt to be fleeting and the administration fully supports more crude output.

Politics

6 d. ago Amid trade war with China, Canada back in Trump’s sights over alleged flow of fentanyl

An annual U.S. threat assessment released last month doesn't mention Canada once in its analysis of fentanyl trafficking.

Economics

6 d. ago Canada Trucking Firm TFI Hit by Tariff War, Walks Away From Deal

TFI International Inc., one of North America’s largest trucking companies, says US President Donald Trump’s trade war is exacerbating the freight industry’s difficult outlook, and that it was forced to abandon a deal because of it.

Economics

6 d. ago Europeans Saw Trump’s Trade War Coming and Gorged on US Booze

Europeans splurged on American spirits ahead of Donald Trump’s return to the White House and the potential for him to start another trade war.

Economics

7 d. ago EVs in the spotlight as China claims a leading global role at Shanghai’s auto show

SHANGHAI (AP) — Leading automakers will be showcasing their latest designed-for-China models at the Shanghai auto show this week, struggling not to be edged aside in the world’s largest car market while watching for U.S. President Donald Trump’s next steps in his trade war. Some industry experts view this year’s show in the sprawling industrial […]

Other

8 d. ago Silver Lining Spied for Africa’s Gold Exporters, Oil Importers

Surging gold and the slide in oil prices are offering some African countries a rare boost, as the region copes with the fallout from President Donald Trump’s trade war and freeze on US aid.

Economics