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Bank of Nova Scotia BNS-T +0.07%increase reported lower second-quarter profit that missed analysts’ estimates as the lender set aside more provisions for loan defaults as the U.S. trade war puts pressure on consumers and businesses. Scotiabank earned $2.03-billion,…

The Conference Board released a report on Monday showing its reading on leading U.S. economic indicators slumped by more than expected in the month of April. The report said the leading economic index tumbled by…

Australia’s central bank lowered its benchmark rate by a quarter-point for the second time this year as risks to inflation became more balanced, while uncertainties regarding economic outlook increased due to trade protectionism measures. The…

The People’s Bank of China reduced its benchmark interest rate for the first time in seven months to stimulate consumption and support the property market amid soothing trade tensions. The central bank lowered its one-year…

The end of the consumer carbon price at the start of April drove inflation down sharply, Statistics Canada said Tuesday, but there were signs of pressure building at the grocery store. The annual pace of…

Canada Post says it has received strike notices from the union representing 55,000 postal workers.   The Crown corporation says the notices state that employees plan to hit the picket line starting Friday at midnight.

https://www.cnbc.com/2025/05/16/consumer-sentiment-may-inflation-expectations-tariffs.html

Japan’s Honda Motor HMC-N forecast a 59-per-cent profit decrease in the current financial year and said it would put on hold a plan to build an EV supply chain in Canada, amid the uncertainty stemming…

The Nova Scotia government made waves earlier this year when it introduced legislation that would remove red tape on out-of-province goods and make it easier for Canadians from other jurisdictions to work there. But the…