UPDATE 1-Bank of Canada cuts rates, says tariff war could be very damaging
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and warned ...
Trump proposes abolishment of federal income tax, bringing US back to 'richest period' in history
President Donald Trump pitched the idea of eliminating the federal income tax entirely to instead tariff and tax foreign ...
UBS foresees more tariff threats and asset volatility ahead
Tariff risks to Europe and China may be underappreciated at the moment, with the possibility that the latter could see its effective rate rise to 30% from roughly 11%, according to UBS. “We anticipate ...
Traders will be looking for Fed 'endorsement' of two rate cuts penciled in for 2025, says strategists
Traders will be looking for the Federal Reserve to make an "endorsement" of the two rate cuts it penciled in for this year, according to Macquarie global strategists Thierry Wizman and Gareth Berry. B ...
Most Canadian business leaders support dollar-for-dollar retaliatory tariffs: KPMG
The vast majority of Canadian business leaders want a targeted, dollar-for-dollar retaliatory response if the United States ...
Porsche And Audi Plan US Production To Avoid Trump Tariffs, Audi May Get Spinoff Scout SUV
The report suggests Porsche won’t relocate existing production, but together with Audi will instead use the US as a base for ...
Alaska Dispatch News23m
Federal Reserve likely to hold rates steady, despite Trump call for cuts, as it awaits tariff and immigration developments
Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation ...
fingerlakes159m
EXCLUSIVE: NY could face high costs if Trump’s proposed tariffs take effect
A Tax Foundation report found tariffs Trump implemented in his first term have kept prices “ unreasonably high ,” tariffs ...
Foreign Affairs12m
The Case for “Avalanche Decoupling” From China
Eyck Freymann is a Hoover Fellow at Stanford University and Nonresident Research Fellow with the China Maritime Studies ...
Base Metal Prices Mixed; Tariff Threats Pose Major Headwinds
Base metal prices were mixed, with Trump’s latest tariff threats, including plans to impose tariffs on copper, aluminum and steel keeping markets on edge.
Undercurrent News26m
Catch the Current Episode 1.5: How Ode is growing a niche product with farmed Norwegian cod
Catch the Current hosts Amanda Buckle and Lorin Castiglione caught up with Ode sales managers Cathrin Rabben and Tone ...
The Daily Chase: Central banks take centre stage
Decision day at the BoC: The news of the day will be the Bank of Canada’s latest policy pronouncement, where at 9:45 eastern ...