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Powell: Fed's independence from politics is vital to its interest rate decisions

Powell: Fed's independence from politics is vital to its interest rate decisions

WASHINGTON (AP) — Chair Jerome Powell said Wednesday that the Federal Reserve's ability to set interest rates free of political interference is necessary for it to make decisions to serve “all Americans” rather than a political party or political out
Air Canada to bar carry-on bags for lowest-fare customers

Air Canada to bar carry-on bags for lowest-fare customers

MONTREAL — Air Canada plans to bar carry-on bags and impose a seat selection fee for its lowest-fare customers in the new year, as discount carrier tactics increasingly enter the mainstream. Starting Jan.
CRTC launches consultation on home internet choice, proposes standard labels

CRTC launches consultation on home internet choice, proposes standard labels

OTTAWA — Canada's telecommunications regulator is launching another consultation to seek feedback on how to help consumers shop for home internet plans.
Powell: Fed's independence from politics is vital to its interest rate decisions

Powell: Fed's independence from politics is vital to its interest rate decisions

WASHINGTON (AP) — Chair Jerome Powell said Wednesday that the Federal Reserve's ability to set interest rates free of political interference is necessary for it to make decisions to serve “all Americans” rather than a political party or a specific ou
French lawmakers vote to oust prime minister in the first successful no-confidence vote since 1962

French lawmakers vote to oust prime minister in the first successful no-confidence vote since 1962

PARIS (AP) — France’s far-right and left-wing lawmakers joined together to vote Wednesday a no-confidence motion prompted by budget disputes that forces Prime Minister Michel Barnier to resign. The National Assembly approved the motion by 331 votes.
OpenAI's Sam Altman 'not that worried' about rival Elon Musk's influence in the Trump administration

OpenAI's Sam Altman 'not that worried' about rival Elon Musk's influence in the Trump administration

OpenAI CEO Sam Altman, who is in a legal dispute with rival Elon Musk, said he is “not that worried” about Musk's influence in the incoming Trump administration.
National Bank of Canada reports rise in profits as it looks to closing CWB deal

National Bank of Canada reports rise in profits as it looks to closing CWB deal

MONTREAL — National Bank reported a rise in its fourth-quarter profit and raised its dividend as it looks to a transformational year ahead with the likely closing of its acquisition of Canadian Western Bank.
Trump nominates cryptocurrency advocate Paul Atkins as SEC chair

Trump nominates cryptocurrency advocate Paul Atkins as SEC chair

WASHINGTON (AP) — President-elect Donald Trump announced Wednesday that he intends to nominate cryptocurrency advocate Paul Atkins to chair the Securities and Exchange Commission.
First Nations want Impact Assessment Act review for Pathways Alliance project

First Nations want Impact Assessment Act review for Pathways Alliance project

CALGARY — Eight First Nations in Alberta are asking that the $16.5-billion carbon capture and storage project proposed by a consortium of oilsands companies be reviewed under the federal Impact Assessment Act.
'The Sticky' taps real-life maple syrup heist for series about unseen side of Quebec

'The Sticky' taps real-life maple syrup heist for series about unseen side of Quebec

TORONTO — Toronto-born actor Chris Diamantopoulos says he always seeks projects that are shot and set in Canada but has often been put off by the way his country is portrayed on American TV.