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S&P/TSX composite up as BoC cuts key rate, U.S. stock markets dip as Fed holds
TORONTO — Canada's main stock index closed higher Wednesday as the Bank of Canada cut its key lending rate, while U.S. stock markets dipped as the U.S. Federal Reserve kept its rate unchanged.
Jan 29, 2025 1:53 PM
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Senate confirms Zeldin to lead Environmental Protection Agency as Trump vows to cut climate rules
WASHINGTON (AP) — The Republican-controlled Senate on Wednesday confirmed Lee Zeldin to lead the Environmental Protection Agency, a key role to help President Donald Trump fulfill his pledge to roll back major environmental regulations, including tho
Jan 29, 2025 1:48 PM
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Bank of Canada cuts rates to 3% as U.S. tariff threat clouds outlook
OTTAWA — The potential for U.S. tariffs is clouding the economic outlook for the Bank of Canada as it delivered another interest rate cut, reducing its policy rate by a quarter-percentage point to three per cent.
Jan 29, 2025 1:42 PM
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Canada-U.S. interest rate gap widens, but BoC more focused on tariffs: experts
The gap in interest rate policies between Canada and the U.S. widened further as the Bank of Canada cut its key lending rate by a quarter-point on Wednesday, while the U.S. Federal Reserve held rates steady.
Jan 29, 2025 1:42 PM
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Senate confirms Zeldin to lead Environmental Protection Agency as Trump vows to cut climate rules
WASHINGTON (AP) — The Republican-controlled Senate on Wednesday confirmed Lee Zeldin to lead the Environmental Protection Agency, a key role to help President Donald Trump fulfill his pledge to roll back major environmental regulations, including tho
Jan 29, 2025 1:31 PM
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Nova Scotia's largest ever increase to the minimum wage is inadequate: advocacy group
HALIFAX — The Nova Scotia government says workers will benefit from the province's largest ever increase to the minimum wage later this year, but an advocacy group says $16.50 an hour doesn't come close to being a living wage.
Jan 29, 2025 1:15 PM
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Hawaii wildfire victims spared from testifying after last-minute deal over $4B settlement
HONOLULU (AP) — Lawyers representing victims of a deadly Hawaii wildfire reached a last-minute deal averting a trial Wednesday to determine how to split a $4 billion settlement .
Jan 29, 2025 1:05 PM
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Stock market today: Wall Street slips after the Fed keeps interest rates steady
NEW YORK (AP) — U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in September. The S&P 500 fell 0.5% Wednesday. The Dow Jones Industrial Average dipped 0.
Jan 29, 2025 1:05 PM
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Damages in Jasper wildfire rise to $1.2B, goal to clear rubble for May construction
JASPER, ALTA. — The Insurance Bureau of Canada says last year's wildfire in Jasper, Alta., which destroyed one-third of the town's homes and buildings, is the second costliest fire disaster in the country's history.
Jan 29, 2025 11:51 AM
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20 killed when a Chinese oil company's flight crashes in South Sudan
JUBA, South Sudan (AP) — A small plane chartered by a Chinese oil company crashed Wednesday in a remote part of South Sudan, killing 20 people, authorities said. One passenger survived. The flight chartered by Greater Pioneer Operating Co.
Jan 29, 2025 9:03 AM
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