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TSX, U.S. markets continue to sell off Thursday after latest Trump tariff threat
TORONTO — Canadian and U.S. markets continued their sell-off Thursday as U.S. President Donald Trump's tariff streak continued, taking the S&P 500 into its first correction since 2023.
Mar 13, 2025 1:57 PM
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Wall Street tumbles 10% below its record for first 'correction' since 2023 on Trump's trade war
NEW YORK (AP) — Wall Street’s sell-off hit a new low Thursday after President Donald Trump’s escalating trade war dragged the S&P 500 more than 10% below its record , which was set just last month.
Mar 13, 2025 1:49 PM
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Sales of U.S. products 'dropping' at Empire-owned grocers amid tariff uncertainty
Empire Co. Ltd.'s CEO says the grocer is seeing sales of products from the U.S. "rapidly dropping" as shoppers look to support the Canadian economy and avoid the potential effects of tariffs.
Mar 13, 2025 1:47 PM
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U.S. tariffs push Ottawa to invest more in Canadian steel, aluminum projects
OTTAWA — Industry Minister François-Philippe Champagne directed his department on Wednesday to prioritize investments in projects that primarily use Canadian steel and aluminum — part of Ottawa's reply to the Trump administration's trade war.
Mar 13, 2025 1:25 PM
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Canadians’ travel appetite still big, but desire to visit U.S. fading: Transat CEO
MONTREAL — The head of Transat A.T. Inc. says Canadians' appetite for travel remains unsated — at least for overseas trips — even as pocketbook worries grow amid a trade war with the United States.
Mar 13, 2025 1:20 PM
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Algoma Steel foresees challenges, opportunity from trade war as it works to cut costs
The chief executive of one of Canada's largest steel producers says the company is in discussions with federal and provincial leaders to determine what government support might be available to help offset the Trump administration's tariffs.
Mar 13, 2025 1:03 PM
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Tools, electronics, sports equipment from the U.S. hit with Canadian counter-tariffs
OTTAWA — Many consumer goods could be up to 25 per cent more expensive in Canada due to retaliatory tariffs against the U.S. — including the kitchen sink. Matching 25 per cent tariffs on $29.
Mar 13, 2025 9:23 AM
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February US wholesale prices unchanged showing inflation easing, though trade wars threaten trend
WASHINGTON (AP) — U.S. wholesale inflation decelerated last month, suggesting that price pressures are easing for now. But the progress may not last as President Trump intensifies his trade wars .
Mar 13, 2025 8:49 AM
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Belgian prosecutors arrest suspects in Huawei bribery probe targeting EU Parliament
BRUSSELS (AP) — Belgian federal prosecutors on Thursday announced the arrests of several people in a corruption probe linked to the European Parliament and the Chinese company Huawei, which is suspected of bribing EU lawmakers.
Mar 13, 2025 8:44 AM
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New Cohere AI model's performance rivals latest versions of DeepSeek, ChatGPT
TORONTO — Cohere Inc. says it has released a new enterprise generative artificial intelligence model that is "on par or better than" GPT-4o and DeepSeek-V3.
Mar 13, 2025 7:50 AM
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