Economic News
-
Alberta's premier responds to Trump's trolling by saying Canada's oil helps make America wealthy
Alberta’s premier responded to President-elect Donald Trump’s trolling of Canada by saying the trade deficit with the country is due to billions of raw materials being sent south which creates trillions of wealth in America
-
Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year
The Federal Reserve cut its key interest rate by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, mostly because of still-elevated inflation
-
Fashion influencer Matilda Djerf apologizes following report she created a toxic workplace
A popular social media influencer has issued an apology after a Swedish tabloid published a report saying she created a work environment filled with fear and psychological pressure at her fashion brand
-
Ontario's premier says Trump's tariffs would be a disaster for US markets
The premier of Canada’s most populous province says President-elect Donald Trump’s plan to impose sweeping 25% tariffs on all Canadian products would be a “disaster” that would hurt U.S. stock markets
-
Iran's rial hits a record low, battered by regional tensions and an energy crisis
The Iranian rial has fallen to its lowest level in history, losing more than 10% of value since Donald Trump won the U.S. presidential election in November
-
Nigerians press for solar jobs and electricity, with little success
In Nigeria, roughly 85 million people do not have access to electricity
-
UK inflation increase solidifies expectations interest rates will be kept on hold
Inflation in the U.K. has risen to its highest level since March
-
Stellantis pledges invest $2.1 million in Italian production in 2025 during talks with government
The Stellantis automaker has pledged to invest 2 billion euros or $2.1 billion in Italian production next year and spend another 6 billion euros or $6.3 billion in the supply chain
-
Event promoters, hotels and lodging sites soon will have to disclose extra fees up front
The Federal Trade Commission says it will soon require hotels, vacation rental platforms and live event promoters to disclose any fees up front when they list prices
-
Canada's finance minister resigns as unpopular Trudeau faces biggest test of his political career
Canadian Prime Minister Justin Trudeau is facing the biggest test of his political career following the resignation of Finance Minister Chrystia Freeland, long one of his most powerful and loyal ministers
- More Economic News »