Latest News
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U.S. inflation rises less than expected in August; consumer spending surges
U.S. inflation increased less than expected in August, which could see financial markets further reduce the odds of another interest rate increase from the Federal Reserve next month. The Personal Consumption Expenditures Price Index rose…
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GOLDSTEIN: OECD downgrades Canada’s economic growth as Carney moves away from U.S.
Prime Minister Mark Carney warned that pivoting our economy away from the U.S. would come at a cost to Canadians and the latest numbers show that’s true. An Organization for Economic Co-operation and Development (OECD)…
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‘Not in the public interest’: Liberals won’t try to recoup $34 million paid by ‘green slush fund’ to ineligible projects
OTTAWA — The Liberal government says it will not try to recover any of the at least $34 million in ineligible funding paid out by the so-called “green slush fund,” saying such efforts would not…
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Stelco to lay off 350 workers at Hamilton steel plant: union
Employees at the Hamilton steel plant run by Stelco Holdings Inc. will be laid off as the company plans to idle its finishing operations in the city. Stelco said in a statement to Global News…
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Trump unveils plans for a $15 billion steel mill in Iowa
President Donald Trump on Monday announced a plan for a $15 billion steel mill in Iowa. “This steel will be mined, melted and made right here in the USA, which is something very unusual,” Trump…
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America’s Canadian import restrictions come into force. Here are the products barred from entry
The White House banned imports of some Canadian vehicles, dairy and alcohol products on Tuesday, as officials sent mixed signals on the prospect of a trade deal. The long list of impacted goods includes motorcycles…
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US: Consumer optimism slides sharply as fears escalate over rising prices and jobs
https://www.cnbc.com/2026/09/29/consumer-optimism-slides-sharply-as-fears-escalate-over-rising-prices-and-jobs.html
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AMD acquires World Labs in $8.2-billion deal to boost AI systems strategy
Advanced Micro Devices AMD-T +1.34%increase said on Monday it would acquire Fei-Fei Li’s AI startup World Labs in an all-stock deal valued at US$8.2-billion, giving the chipmaker deeper access to research on AI systems that…
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Economic growth flattens in July after second-quarter bump
Statistics Canada said gross domestic product growth was essentially unchanged in July, coming down from a strong second quarter for the economy. The agency said the result came despite a 1.3-per-cent gain for the construction…
