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ECB cuts benchmark interest rate by quarter point as Trump tariffs threaten economy
FRANKFURT, Germany (AP) — The European Central Bank cut its benchmark interest rate for an eighth time, aiming to support businesses and consumers with more affordable borrowing as U.S.
Jun 5, 2025 12:24 PM
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BMO Financial Group makes executive changes including U.S. leadership
TORONTO — BMO Financial Group has made changes to its senior executive ranks including new leadership in its U.S. division as it looks to boost operations in the country.
Jun 5, 2025 12:22 PM
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The number of Americans filing for jobless benefits last week rises to highest level in eight months
WASHINGTON (AP) — Filings for U.S. unemployment benefits rose to their highest level in eight months last week but remain historically low despite growing uncertainty about how tariffs could impact the broader economy.
Jun 5, 2025 12:07 PM
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Bank of Canada hearing less ‘catastrophic’ tariff talk from businesses
OTTAWA — Trade-sensitive businesses are telling the Bank of Canada that they’re broadly less worried about their “worst-case tariff scenarios” coming true compared to earlier in the year, a senior central bank official said Thursday.
Jun 5, 2025 11:35 AM
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B.C. First Nation builds small island, fisheries officials check for habitat damage
VICTORIA — A British Columbia First Nation has built up a small artificial island in the tidal shallows of Coles Bay off Vancouver Island, triggering an investigation by fisheries officials into whether it involved habitat destruction and if authoriz
Jun 5, 2025 11:05 AM
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Canadians divided on whether U.S. is an 'ally' or 'enemy' country: Poll
OTTAWA — Faced with a trade war they didn't start, Canadians are divided on whether they see the United States as an "enemy" or an "ally," a new poll suggests.
Jun 5, 2025 10:53 AM
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Trump says after Xi call that US and China will resume trade talks
WASHINGTON (AP) — President Donald Trump said Thursday that his first call with Chinese leader Xi Jinping since returning to office was “very positive,” announcing that the two countries will hold trade talks in hopes of breaking an impasse over tari
Jun 5, 2025 10:49 AM
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Got extra cash? Here's when experts say it's best to make a lump-sum mortgage payment
If you can afford it, financial experts say making additional lump-sum payments can help speed your path to being debt free.
Jun 5, 2025 9:57 AM
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Supreme Court blocks Mexico’s $10B lawsuit alleging US gunmakers have fueled cartel violence
WASHINGTON (AP) — The Supreme Court on Thursday blocked a $10 billion lawsuit Mexico filed against top firearm manufacturers in the U.S. alleging the companies’ business practices have fueled tremendous cartel violence and bloodshed.
Jun 5, 2025 9:48 AM
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Supreme Court makes it easier to claim 'reverse discrimination' in employment, in a case from Ohio
WASHINGTON (AP) — A unanimous Supreme Court made it easier Thursday to bring lawsuits over so-called reverse discrimination, siding with an Ohio woman who claims she didn’t get a job and then was demoted because she is straight.
Jun 5, 2025 9:39 AM
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