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Wall Street tumbles, and S&P 500 drops 2% on worries about weaker economy, higher inflation

Wall Street tumbles, and S&P 500 drops 2% on worries about weaker economy, higher inflation

NEW YORK (AP) — Another wipeout is slamming Wall Street Friday as worries build about a potentially toxic mix of worsening inflation and a U.S. economy slowing because of households afraid to spend given uncertainty about the global trade war .
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Canada, U.S. to negotiate new economic, security relationship after election: Carney

Canada, U.S. to negotiate new economic, security relationship after election: Carney

OTTAWA — Prime Minister Mark Carney says Canada and the U.S. will begin comprehensive negotiations for a "new economic and security relationship" immediately after the Canadian election. But Carney also told U.S.
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Snow, freezing rain hitting much of Canada causing crashes, road closures

Snow, freezing rain hitting much of Canada causing crashes, road closures

Old Man Winter is proving to be a resilient cuss, slamming through parts of Canada with a wallop of heavy snow and freezing rain and turning roads into a smash-up derby.
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Hudson's Bay is liquidating most of its stores. Here's what you need to know

Hudson's Bay is liquidating most of its stores. Here's what you need to know

Hudson's Bay has begun liquidating all but six of its stores after the company filed for creditor protection earlier this month.
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Canada's economy 'sprinting into a wall' to start 2025 as tariff hit looms

Canada's economy 'sprinting into a wall' to start 2025 as tariff hit looms

OTTAWA — The Canadian economy was off to a solid start in January but early signs suggest growth stalled in February amid harsh winter weather and the looming threat of tariffs. Statistics Canada said Friday that real gross domestic product rose 0.
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Deed tax increase won't hurt demand for Nova Scotia recreational properties: Realtor

Deed tax increase won't hurt demand for Nova Scotia recreational properties: Realtor

HALIFAX — Demand for cottages and recreational properties in Nova Scotia should remain strong despite the doubling of the province’s deed transfer tax, says an executive with a major real estate agency.
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Poilievre, Singh hit campaign trail as Carney speaks with Trump, premiers on tariffs

Poilievre, Singh hit campaign trail as Carney speaks with Trump, premiers on tariffs

OTTAWA — Conservative Leader Pierre Poilievre and NDP Leader Jagmeet Singh are on the campaign trail, proposing ideas on housing and crime as Liberal Leader Mark Carney deals with U.S. President Donald Trump's tariff threats.
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Noted economist honored by Trump warns his 25% tariffs could add $4,711 to the cost of a vehicle

Noted economist honored by Trump warns his 25% tariffs could add $4,711 to the cost of a vehicle

WASHINGTON (AP) — Noted economist Arthur Laffer warns in a new analysis that President Donald Trump's 25% tariffs on auto imports could add $4,711 to the cost of a vehicle and says the proposed taxes could weaken the ability of U.S.
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Premier Moe heads to Europe for trade show, London Stock Exchange address

Premier Moe heads to Europe for trade show, London Stock Exchange address

REGINA — Saskatchewan Premier Scott Moe is travelling to Europe to promote the province's agricultural, energy and manufacturing industries.
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TSX down more than 250 points on Friday morning, as U.S. stocks also fall

TSX down more than 250 points on Friday morning, as U.S. stocks also fall

TORONTO — Canada's main stock index was down more than 250 points in late-morning trading on Friday amid broad-based losses, while U.S. stock markets also plunged. The S&P/TSX composite index was down 261.77 points at 24,899.29.
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