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Trump's tariffs would devastate auto sector, raise consumer costs: industry leaders
Auto industry leaders say U.S. president-elect Donald Trump's threat of tariffs on Canadian goods would have devastating effects for the sector, forcing both Canadian and U.S. consumers to pay higher vehicle prices.
Nov 27, 2024 4:14 PM
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Stock market today: Losses for Big Tech pull US indexes lower
Losses for big technology stocks pulled major indexes lower on Wall Street. The S&P 500 fell 0.4% Wednesday. The Dow Jones Industrial Average slipped 0.3% from its record high a day earlier, and the Nasdaq composite lost 0.6%.
Nov 27, 2024 4:06 PM
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Ontario eyes new electricity generation sites, possibly including nuclear
TORONTO — Ontario is eyeing three sites across the province for new electricity generation facilities, including the possibility of large-scale nuclear plants, in order to meet soaring power demands.
Nov 27, 2024 2:25 PM
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Trump's tariffs in his first term did little to alter the economy, but this time could be different
WASHINGTON (AP) — Donald Trump loved to use tariffs on foreign goods during his first presidency. But their impact was barely noticeable in the overall economy, even if their aftershocks were clear in specific industries.
Nov 27, 2024 1:36 PM
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US consumer price increases accelerated last month with inflation pressures resilient
WASHINGTON (AP) — Consumer price increases accelerated last month, the latest sign that inflation's steady decline over the past two years has stalled in recent months.
Nov 27, 2024 11:58 AM
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Fake ride-share driver charged in three sexual assaults: Peel police
Peel police say a 22-year-old man has been arrested after he allegedly posed as a ride-share driver in a series of violent sexual assaults.
Nov 27, 2024 10:44 AM
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US inflation gauge ticks higher with price pressures still stubborn
WASHINGTON (AP) — Consumer price increases accelerated last month, the latest sign that inflation's steady decline over the past two years has stalled. According to the Federal Reserve's preferred inflation gauge, consumer prices rose 2.
Nov 27, 2024 10:13 AM
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Fewer people intend to buy an EV amid price, driving range concerns: EY report
TORONTO — A new survey finds fewer drivers intend to make their next car purchase an electric vehicle.
Nov 27, 2024 9:53 AM
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Number of Americans filing for jobless benefits falls again and hovers near 7-month lows
The number of Americans applying for unemployment benefits fell last week, remaining near seven-month lows. Jobless claim applications fell by 2,000 to 213,000 for the week of Nov. 23, the Labor Department reported Wednesday.
Nov 27, 2024 9:32 AM
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Intact Financial signs partnership deal with women's pro hockey league
TORONTO — Property and casualty insurance company Intact Financial Corp. has signed a multi-year partnership deal with the Professional Women's Hockey League.
Nov 27, 2024 9:17 AM
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