Powell said the tariffs are “significantly larger than expected” and that their inflationary effect could be "persistent”
Countries scramble to respond with countermeasures, negotiations and industry support amid sweeping U.S. trade restrictions
Biggest job decline since 2022 brought the unemployment rate for March to 6.7%
In a world where U.S. policy shifts like the wind, diversification is a must
In addition to a baseline 10% tariff on goods from most countries, about 60 nations will be subject to higher levies
Softer energy prices drive trend, as food, core inflation stable
Investment banking fees down in first quarter, as activity softens
PM says he's working on a "framework" for auto producers to get relief from the countertariffs as Stellantis Windsor plant pauses production
Transport costs are a barrier to diversifying, while moving factories to the U.S. would add closure, labour costs
The result compares with a $3.1 billion surplus in January
Jobless claims fell by 6,000 to 219,000 for the week ending March 29
Australian PM was harshly critical: "This is not the act of a friend"
Trump is going ahead with previously announced 25% tariffs on automobile imports
The U.S. president excluded Canada and Mexico from his remarks, leading to speculation that the two countries have been exempted from direct tariffs
Manufacturers don't have enough workers as it is, and labour force growth projections are soft
JP Morgan tops underwriter rankings, BMO leads in mortgage-backed securities
Pause on 25% blanket tariffs on Canadian goods to be lifted Wednesday; details on auto tariffs still fuzzy
White House trade adviser Peter Navarro suggested the new tariffs would raise US$600B a year, making it the largest tax increase since the Second World…
Goldman Sachs leads global league tables, Canada too
Recession to drive higher loan losses, weaker earnings, Fitch says
Rebound in China helps offset decline in U.S. activity
Hiring slows from January, but job market remains healthy
DBRS examines the prospect for the Euro giant to compete with the Big Six
Trump’s grievances against U.S. trading partners come at a time when the country is outperforming the world’s other advanced economies
Uncertainty looms over timing of levies, and their impact on trade, jobs and markets