Mar 11 Wall Street careens between a modest gain and sharp tumble in head-spinning day By Stan Choe, Associated Press Like it's been for most of the past few weeks, the market’s slide on Tuesday was erratic and dizzying. Continue reading
Mar 11 Trump ups planned tariffs on Canadian steel and aluminum to 50 percent By Josh Boak, Associated Press President Donald Trump says the increase of the tariffs set to take effect on Wednesday is a response to the price increases that the provincial government of Ontario put on electricity sold to the United States. Continue reading
Mar 10 Watch 7:12 Ontario premier explains why he’s slapping 25% surcharge on electricity to U.S. By Amna Nawaz, Stephanie Kotuby, Alexa Gold Markets plunged again as investors are worried about the economy and whether a recession is on the horizon. The trade war President Trump initiated with the country's top trading partners is a factor in the volatility. Ontario Premier Doug Ford… Continue watching
Mar 10 Ontario announces 25 percent tax increase on electricity exports to U.S. in response to Trump’s trade war By Rob Gillies, Associated Press Ontario provides electricity to Minnesota, New York and Michigan. Continue reading
Mar 10 Stock market sell-off worsens as Wall Street wonders how much pain Trump will endure for the economy By Stan Choe, Associated Press Wall Street’s sell-off is worsening. The S&P 500 fell 2.8% Monday as worries build about how much pain President Donald Trump is willing to endure on the economy in order to get what he wants. Continue reading
Mar 09 Trump doesn’t rule out recession while downplaying business concerns about his tariffs By Zeke Miller, Associated Press President Donald Trump is dismissing business concerns over the uncertainty caused by his planned tariffs on a range of American trading partners and the prospect of higher prices, and isn't ruling out the possibility of a recession this year. Continue reading
Mar 08 Daylight saving time causes lower productivity and higher health care costs, studies say By Joanna Fong-Isariyawongse, The Conversation A vast body of research shows that every year, the shift to daylight saving time needlessly exacerbates various health risks, disrupting millions of Americans’ sleep and increasing the likelihood of accidents, health issues and fatal errors. Continue reading
Mar 08 WATCH: Fed Chair Powell says interest rates on hold amid broad economic uncertainty By Christopher Rugaber, Associated Press The Federal Reserve is likely to keep its key interest rate unchanged in the coming months as it waits for widespread “uncertainty” stemming from President Donald Trump's policies to resolve, Chair Jerome Powell said Friday at a conference in New York. Continue reading
Mar 07 Watch 6:48 U.S. economy adds jobs as federal layoffs and rising unemployment bring uncertainty By Geoff Bennett, Amna Nawaz, Karina Cuevas The U.S. labor market made solid gains again last month, adding 151,000 more jobs, just before the biggest federal layoffs began to hit. But there are other warning signs of what could be ahead, not yet fully captured in this… Continue watching
Mar 06 Walgreens agrees to acquisition by private equity firm for almost $10 billion By Associated Press Walgreens Boots Alliance says it has agreed to be acquired by private equity firm Sycamore Partners as the struggling retailer looks to turn itself around after years of losing money. Continue reading