April 23, 2025, 10:21 am
Wall Street breathed a sigh of relief when former President Trump clarified there was no plan to fire Fed Chair Jerome Powell, sending markets soaring. Investors seized the moment to replace political drama with bullish calculations—a reminder that sometimes unexpected reassurances can spark an economic rally.
Bluesky: @winnipegfreepress.com
Stock markets on Wall Street and worldwide started the trading day on solid ground after Trump walked back comments about trying to fire Fed Chair Jerome Powell over interest rates
Stock markets in Canada and the U.S. soared in early trading after U.S. President Donald Trump said he would not attempt to fire the head of the Federal Reserve. Trump said Tuesday he had no intention of firing Jerome Powell. The U.S. president had previously insinuated otherwise as he said he...
TORONTO — Stock markets in Canada and the U.S. soared in early trading after U.S. President Donald Trump said he would not attempt to fire the head of the Federal Reserve. Trump said Tuesday he had no intention of firing Jerome Powell. The U.S. president had previously insinuated otherwise as he...
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President Trump has suggested that the current 25% tariff on Canadian auto imports could be raised further, hinting at additional punitive measures despite ongoing deal talks. The comments underscore a hardline trade stance that continues to unsettle Canadian industries already bracing for cost escalations. More...
In the final days before the polls, federal party leaders engaged in pointed verbal jousting, exchanging barbed critiques that underscore deep divisions. The heated exchanges reflect the intense political climate and mounting pressure as Canadians prepare for a showdown at the ballot box. More...
In a bold diplomatic overture, China has announced its willingness to partner with Canada in order to push back against alleged American bullying. Beijing’s proposal, designed to galvanize global opposition to U.S. dominance, underscores an assertive approach to international relations with just a touch of theatrical defiance. More...
Amid a solemn yet politically charged atmosphere, Canada’s top officials are making alternative arrangements for Pope Francis’s funeral. With the Prime Minister absent due to election commitments, Gov. Gen. Mary Simon and other notable leaders—including a Canadian Bishops’ representative and a Métis leader—are set to represent the nation at the Vatican. More...
Canada’s oldest retailer appears to be losing its retail magic as court filings confirm the liquidation of its last six stores. With hopes of a buyer dimming faster than holiday sales, Hudson’s Bay must now clear its shelves—truly a relic in a tough market with a touch of corporate irony. More...
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