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Top Fed official backs new rate cuts even if Trump tariffs materialize
WASHINGTON (AP) — A top policymaker at the U.S. Federal Reserve said Wednesday that he still supports cutting interest rates this year, despite elevated inflation and the prospect of widespread tariffs under the incoming Trump administration.
Jan 8, 2025 8:22 AM
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Top Fed official backs more rate cuts even if Trump tariffs materialize
WASHINGTON (AP) — A top policymaker at the U.S. Federal Reserve said Wednesday that he still supports cutting interest rates this year, despite elevated inflation and the prospect of widespread tariffs under the incoming Trump administration.
Jan 8, 2025 8:04 AM
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Austrian Foreign Minister Alexander Schallenberg to serve as the country's interim leader
VIENNA (AP) — Austrian Foreign Minister Alexander Schallenberg will serve as the country's interim leader while the far-right Freedom Party attempts to put together a new coalition government, the president's office said Wednesday.
Jan 8, 2025 4:40 AM
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Austrian foreign minister Schallenberg to serve as the country's interim leader
VIENNA (AP) — Austrian Foreign Minister Alexander Schallenberg will serve as the country's interim leader while the far-right Freedom Party attempts to put together a new coalition government, the president's office said Wednesday.
Jan 8, 2025 4:29 AM
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Biden administration withdraws old growth forest plan after getting pushback from industry and GOP
BILLINGS, Mont. (AP) — The Biden administration on Tuesday abruptly dropped its nascent plan to protect old growth forests after getting pushback from Republicans and the timber industry. The move was announced by U.S.
Jan 7, 2025 6:29 PM
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Biden administration withdraws old growth forest plan after getting pushback from industry and GOP
BILLINGS, Mont. (AP) — The Biden administration on Tuesday abruptly dropped its nascent plan to protect old growth forests after getting pushback from Republicans and the timber industry. The move was announced by U.S.
Jan 7, 2025 6:09 PM
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Ontario launching rebates for energy efficient home renovations and upgrades
TORONTO — Ontario is introducing two new energy efficiency programs, including one offering rebates for certain home improvements. The Home Renovation Savings Program, launching Jan.
Jan 7, 2025 5:23 PM
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S&P/TSX composite down Tuesday, U.S. stock markets fall after new economic data
TORONTO — Canada's main stock index moved lower Tuesday, led by losses in technology, while the sector led U.S. markets to erase Monday's gains. The S&P/TSX composite index closed down 69.90 points at 24,929.89.
Jan 7, 2025 5:02 PM
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Stock market today: Wall Street slumps as good news for economy reverts to being bad news for stocks
NEW YORK (AP) — Good news on the U.S. economy is back to being bad for Wall Street. The S&P 500 swung to a loss of 1.1% after a pair of reports on the economy came in better than expected. The Dow Jones Industrial Average dropped 0.
Jan 7, 2025 4:04 PM
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Meta's move away from fact checking may allow wider spread of misinformation: experts
TORONTO — Experts are worried the community notes program Meta will replace its current fact checking system with has several pitfalls that could allow misinformation to spread even further.
Jan 7, 2025 3:54 PM
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