Latest in Bank of Canada warns Trump’s tariffs will ‘dramatically’ hit growth
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World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - Dec. 3 -
United Airlines CEO talks flight junk fees, Trump's potential tariffs
United Airlines CEO Scott Kirby speaks to "CBS Mornings" about the potential impact of new trade tariffs on fares as U.S. airports saw a record number of flyers at the end of Thanksgiving weekend, ...CBS News - Dec. 3 -
The Memo: Democrats hit Biden for pardon that they see as gift to Trump
President Biden is facing blowback from his own party for his dramatic Sunday evening pardon of his son, Hunter Biden. A growing chorus of Democrats have raised their voices to object to the ...The Hill - Dec. 3 -
Trump reportedly jokes Canada could be 51st U.S. state if tariffs wreck economy
Trump outlined his plans to place 25% tariffs on all Canadian goods imported into the U.S., in a meeting with Trudeau at Mar-a-LagoMarketWatch - Dec. 3 -
Three climbers from the U.S. and Canada are missing on New Zealand’s tallest peak
Three mountain climbers from the U.S. and Canada are missing after they did not return from their planned summit of New Zealand’s tallest mountain, Aoraki.NBC News - Dec. 3 -
Three climbers from the US and Canada are missing on New Zealand's highest peak
Three mountain climbers from the U.S. and Canada are missing after they failed to return from a planned ascent of New Zealand’s highest peak, AorakiABC News - Dec. 3 -
Radical planning reform needed to hit 1.5m housebuilding target in England, Labour warned
Thinktank urges government to be ‘much more ambitious’ as actions so far are not enough to fulfil manifesto pledge. Labour will miss its manifesto target of building 1.5m homes in England before ...The Guardian - Dec. 3 -
Trump threatens 100% tariffs on BRICS nations over effort to replace dollar
President-elect Donald Trump is vowing to impose 100% tariffs on BRICS nations unless they commit to not developing a new currency. CBS News MoneyWatch correspondent Kelly O'Grady joins to explain ...CBS News - Dec. 2 -
Trudeau told Trump Americans would also suffer if tariffs are imposed, a Canadian minister says
Prime Minister Justin Trudeau has told Donald Trump that Americans would also suffer if the president-elect follows through on a plan to impose sweeping tariffs on Canadian productsABC News - Dec. 2 -
What to know about the Smoot-Hawley tariffs and their role in the Great Depression
The measure helped worsen the Great Depression, experts said.ABC News - Dec. 2 -
Dollar climbs after Trump’s Brics tariff threat and French political woes
Currency on course for biggest daily rise since November 5 US presidential electionFinancial Times - Dec. 2 -
Trump warns of ‘hell to pay’ if Israeli hostages not released by January
US president-elect’s comments come as Gaza ceasefire talks fail to make progressFinancial Times - Dec. 2 -
Why is Trump threatening a 100% tariff on the BRICS nations?
Donald Trump said the U.S. would hit Brazil, Russia and six other countries with a crushing tariff if they sought to challenge the dollar.CBS News - Dec. 2 -
2- through 10-year yields finish higher after new Trump tariff threat
Most U.S. government debt sold off on Monday, lifting 2- and 10-year yields off their October lows, after a new tariff threat from President-elect Donald Trump reignited worries over inflation.MarketWatch - Dec. 2 -
Trump warns of 'hell to pay' if Hamas doesn't release hostages
President-elect Trump on Monday threatened to unleash “hell” in the Middle East if hostages held by Hamas in the Gaza Strip are not released before his inauguration Jan. 20, underscoring urgency to ...The Hill - Dec. 2 -
Ontario’s ad campaign seeks to counter Trump tariffs threat
Canadian province is US’s third-biggest trade partner and its automotive industry is intertwined with that of its southern neighbourFinancial Times - Dec. 2 -
Trump's tariff threats create division between Canada and Mexico over security at borders
Threats by President-elect Donald Trump to impose U.S. tariffs on its immediate neighbors appear to have created a split between Canada and Mexico, after Canadian officials said problems with the ...ABC News - Dec. 2 -
Lawmakers warn against Trump's Kash Patel pick for FBI director
Democrats in Congress are decrying President-elect Donald Trump's pick for FBI director. Trump announced he wants Kash Patel to take over the job but current FBI director Christopher Wray is still ...CBS News - Dec. 2 -
Trump Tariff Threat Spurs Malaysian Warning to China Not to ‘Rebadge’ Products There
A senior trade official cautions Chinese companies to not invest there if they only want to mask their merchandise’s country of origin.Inc. - Dec. 2 -
Huge sinkhole is still growing, council leader warns
It could be months until evacuated residents are able to return to their homes, one homeowner says.BBC News - Dec. 2 -
Tensions Rise Among Russia’s Elite as Economic Growth Slows
The slowdown is worrying for the Kremlin but not serious enough to significantly hobble its war effort.The New York Times - Dec. 2 -
How the EU should deal with Trump’s tariff threat
Brussels must try to ensure its response to the US does not trample on trade rulesFinancial Times - Dec. 2 -
Bipartisan bill would study AI's impact on banking, housing
A new bill with bipartisan support would commission studies on the use of artificial intelligence (AI) in the banking and housing sectors, where lawmakers have been sounding an alarm about ...The Hill - Dec. 2