Business

IMF warns Trump’s tariffs will slow U.S., global economies as we enter ‘a new era’

The U.S. and global economies will likely slow significantly in the wake of U.S. President Donald Trump’s tariffs and the…

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U.S. auto industry warns new auto parts tariffs will hike prices, cut sales

A coalition of U.S. auto industry groups urged President Donald Trump on Tuesday not to impose 25 per cent tariffs on…

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EU fines Apple 500M euros, Meta 200M euros for breaking competition rules

European Union watchdogs fined Apple and Meta hundreds of millions of euros on Wednesday in two separate cases as they stepped…

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Air Canada ordered to pay passengers $10M in damages after class action over ticket prices

The Quebec Court of Appeal is ordering Air Canada to pay passengers more than $10 million in damages in a…

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Montreal-based retailer Frank and Oak to close all stores, sell intellectual property

Clothing retailer Frank and Oak is closing all 14 of its stores in the coming weeks and selling its intellectual…

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Tesla investors react positively to Musk pledge to step back from U.S. government role

Tesla shares surged about five per cent in premarket trading on Wednesday after Elon Musk said he would spend less time…

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Could Trump actually fire head of the U.S. central bank, Jerome Powell?

U.S. President Donald Trump on Monday kept up his verbal attacks on Federal Reserve Chair Jerome Powell over the Fed’s refusal for…

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Did TikTok tell you to buy luxury goods straight from China? Experts say proceed with caution

Think you’ve found a great deal on TikTok to buy Lululemon or Louis Vuitton directly from the factory? Experts say you…

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Stock markets tumble as investors pull back from American assets

Wall Street weakened Monday as investors worldwide became more skeptical about American investments, something many economists suggest is due to U.S.…

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Canadian airlines revamp offerings as travellers ditch U.S. vacations

A steep decline in Canadian travel to the U.S. has dealt a blow to airlines that usually cash in on…

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