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U.S. Federal Reserve says it will leave climate change organization
The U.S. Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how…
Four Canadian banks quit global banking alliance aimed at meeting climate goals
Four of Canada’s big banks have quit a global alliance of financial institutions set up to meet climate goals, joining…
Canada’s auto industry braces for ‘extremely problematic’ threat of Trump tariffs
The Canadian automaking industry warns incoming U.S. president Donald Trump’s plan to impose tariffs of 25 per cent on all…
Calendar: Jan 20 – Jan 24, 2025
Monday January 20U.S. markets closed (Martin Luther King Jr. Day)World Economic Forum in Davos (through Friday)Japan core machine orders and…
In first look at 2026, OPEC forecasts global oil demand to rise at similar rate to this year
OPEC forecast on Wednesday world oil demand in 2026 will rise at a similar rate to this year, while reducing…
Canadian manufacturing sales up 0.8% to $71.5-billion in November
Statistics Canada says manufacturing sales rose 0.8 per cent to $71.5-billion in November, helped by higher sales in the aerospace…
Trump’s new SEC leadership poised to kick start crypto overhaul
Top Republican officials at the U.S. Securities and Exchange Commission are poised to begin overhauling the agency’s cryptocurrency policies potentially…
JPMorgan Chase posts record profit as the bank’s massive scale pays off
JPMorgan Chase on Wednesday topped estimates for fourth-quarter revenue and profit. The bank was helped by better-than-expected net interest income…
USA: Here’s the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024. That’s up from 2.7%…