Trump’s tariffs lead to record revenues, but U.S. deficit still climbed 20%
.Even as Trump talks about America becoming rich because of his import tax hikes, federal spending keeps outpacing the revenues collected by the U.S. government.
Lotto 6/49 and Lotto Max winning numbers for Friday and Saturday
Here are the winning numbers in the Saturday, Aug. 9 Lotto 6/49 draw for an estimated $5 million and the winning numbers in Friday's Lotto Max draw for an estimated…
Stocks sink on Bay and Wall Streets, but loonie rises following new tariffs
Global stock markets, including those on Wall Street and the TSX in Canada saw steep losses through the Friday trading day as new tariffs take effect.
Canada’s economy ‘treading water’ after GDP dropped for 2nd straight month
One of the factors that helped boost the arts, entertainment and recreation sector? The NHL playoffs, which had three Canadian teams, Statistics Canada said.
Bank of Canada holds interest rates, citing ‘clouded’ economic outlook
The Bank of Canada updated its monetary policy Wednesday, and held its key lending rate at 2.75 per cent for the third straight meeting.
Provinces’ deficits could shrink in coming years despite trade war: report
Most provinces have put up contingency funds in this year's budgets to support workers and critical industries through the tariff dispute.
Will the Bank of Canada and U.S. Fed cut interest rates this week?
Monetary policy announcements from central banks in Canada and the United States are scheduled for July 30, and most economists are expecting no changes to borrowing costs.
Will Bank of Canada cut rates next week? How new data factors into the call
Most business owners are feeling less pessimistic about a potential recession than earlier this year, but still say they're feeling 'subdued.'
U.S. House passes cryptocurrency bill, sends to Trump’s desk
The United States is moving closer towards the easing of regulations in cryptocurrency industry with one of several bills passed by the House moving next to Trump's desk.
Wall Street rides roller-coaster after Trump walks back talk of firing Powell
Stock markets in North America, especially in the U.S., are riding a roller-coaster Wednesday as President Trump floats the idea of firing Federal Reserve Chair Jerome Powell.