News
U.S. tariff revenue at risk in Supreme Court ruling tops US$175 billion, Penn-Wharton estimates
1+ hour, 49+ min ago (483+ words) WASHINGTON " More than US$175 billion in U.S. tariff collections are at risk of having to be refunded if the U.S. Supreme Court rules against U.S. President Donald Trump's broad emergency tariffs, Penn-Wharton Budget Model economists said on Friday. The U.S. Supreme Court could rule…...
Atlantic Canada continues to be hit hard by food inflation
2+ day, 8+ hour ago (402+ words) WESTPHAL, N.S. " When Martin Arsenault is grocery shopping and looking for a good deal, he goes to the Gateway Meat Market, a store that has become a major draw because of its cheaper food prices. "I'll walk into a regular grocery…...
Mortgage brokers share options for homeowners facing a mortgage non-renewal
1+ week, 21+ hour ago (660+ words) Getting your mortgage renewed can be stressful for some homeowners, but getting a non-renewal from your lender can take that stress to a whole new level. As a wave of homeowners who bought at rock-bottom interest rates prepare to renew…...
Wall Street points higher as earnings roll out ahead of new jobs data
1+ week, 23+ hour ago (443+ words) Wall Street pointed toward gains before the opening bell Thursday as markets take in more corporate earnings reports ahead of the latest labor market data. Futures for the S&P 500, Dow Jones Industrial Average and Nasdaq all gained 0.3 per cent…...
Bank of Canada says path for rates hard to predict with increased risks to outlook
1+ week, 1+ day ago (249+ words) The Bank of Canada's governing council says it's difficult to see where interest rates are headed as it faces increased risks to its economic outlook due to geopolitical turbulence and trade uncertainty. In the summary of deliberations from its interest…...
U.S. employers add surprising 130,000 jobs last month, but revisions cut thousands of 2024 to 2025 jobs
1+ week, 1+ day ago (612+ words) The unemployment rate fell to 4.3%, the Labor Department said Wednesday. The report included major revisions that reduced the number of jobs created last year to just 181,000, a third of the previously reported 584,000 and the weakest since the pandemic year of…...
The Daily Chase: Canada loses jobs but unemployment rate dips
1+ week, 6+ day ago (273+ words) The Daily Chase: Canada loses jobs but unemployment rate dips'BNN Bloomberg The Daily Chase: Canada loses jobs but unemployment rate dips Here are five things you need to know this morning Canada loses jobs but unemployment rate dips: The Canadian…...
Canada lost 25,000 jobs, unemployment rate down to 6.5% in January: StatCan
1+ week, 6+ day ago (826+ words) Fewer people were looking for work in January, driving the unemployment rate lower despite job losses in the month, Statistics Canada said Friday. The agency said the economy shed 25,000 jobs in January, compared to economists" expectations for a slight gain....
Canada’s loss of 25,000 jobs not as bad as it looks, economist explains
1+ week, 6+ day ago (493+ words) A January drop in Canadian employment is less severe than it appears, an economist says. This comes after Statistics Canada's Labour Force Survey showed the economy lost 25,000 jobs in January, as fewer people looked for work. The unemployment rate fell…...
‘Tailored pricing’ is impacting the cost of living – BNN Bloomberg
1+ week, 6+ day ago (452+ words) Tailored pricing" is impacting the cost of living'BNN Bloomberg Tailored pricing" is impacting the cost of living Jim Balsillie, the Former Blackberry CEO, joins BNN Bloomberg to discuss how companies are using tailored pricing to make consumers pay the highest…...