Business

U.S. bond rout is driving worry in world markets

U.S. Treasuries, the bedrock of the global financial system, were hit by fresh selling pressure on Wednesday in a sign investors were dumping…

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Trade war escalates as China raises its retaliatory tariff on the U.S. to 84%, effective Thursday

U.S. stock index futures fell sharply on Wednesday after China announced more levies on U.S. goods, striking back against President…

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A global recession is coming, economists warn

The escalating trade war between the U.S. and nearly every single one of its major trading partners has sparked a…

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Apparel brands grappling with ‘tariff hell,’ says Canadian industry group

Canadian fashion brands are grappling with the impact of Washington’s steep new tariffs on garment-making hubs like China, India and…

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Markets calmer to begin trading day, but U.S.-China threats loom large

World markets won a reprieve on Tuesday after three days of heavy selling that wiped trillions of dollars off the…

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As tariffs roil the markets, here’s why some sectors are faring worse than others

Stock markets sank for the third day Monday after U.S. President Donald Trump announced sweeping global tariffs last week, and no…

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Trade uncertainty taking a toll on business and consumer confidence: Bank of Canada reports

A pair of reports from the Bank of Canada pointed to declining business and consumer sentiment in the first quarter…

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Stock market drops again after brief rise as Trump remains committed to tariffs

Stocks swung down, up, then down again on Wall Street as markets try to assess the potential damage from U.S.…

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Trump calls his tariffs economic ‘medicine’ after trillions wiped out from U.S. stock market

U.S. President Donald Trump on Sunday said foreign governments would have to pay “a lot of money” to lift sweeping…

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Why Canada is on the cusp of a housing construction crisis

Housing is about to get a lot more expensive in the next decade if the federal government does not revamp…

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