Bank of Canada Raises Rates Declares Pause to Assess Economic Impact
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How climate change is impacting seasonal allergies
Millions of Americans who suffer seasonal allergies are seeing their symptoms start earlier and last longer. Dave Malkoff takes a look at what's causing the change and how people are dealing with it.CBS News - Top stories - Climate -
How cruises are impacted by Baltimore bridge collapse
After the collapse of the Francis Scott Key Bridge, the harbor has been closed to marine traffic causing Carnival Cruise Line to reroute some ships.CBS News - Top stories -
The Fed Stays the Course on Rates
Markets are cheering the central bank’s forecast for three interest rate cuts this year. But Fed policymakers are divided on the issue.The New York Times - Business - Federal Reserve -
Rates need to calm down
They’re being too loudFinancial Times - World -
Beware of 'bank jugging' this tax season, police warn
Police are warning the public about "bank jugging" this tax season.The Hill - Politics -
Australia bank CEOs call for a fix to housing shortage
Yahoo News - World - Australia -
China Merchants Bank Gains on Dividend Surprise
China Merchants Bank’s shares rose after the lender surprised with a boost in its dividend ratio while annual earnings came in largely as expected.The Wall Street Journal - World - China -
Inflation Requires Caution for Brazil's Central Bank
Brazil’s central bank may have room to keep easing monetary policy gradually, but “core-services inflation underlying dynamics merit attention,” Goldman Sachs’ Alberto Ramos says.The Wall Street Journal - World - Inflation -
Treasury staff worked at bank linked to China state
The Treasury says the secondment scheme deepens ties with Asia and boosts British business.BBC News - Top stories - China -
China’s property turmoil hits midsized bank Everbright
Regional lender’s shares fall after profits miss estimates due to investment losses and increase in cash set aside for bad debtsFinancial Times - World - China -
Two bodies recovered from vehicle underwater at Francis Scott Key Bridge collapse site
Maryland State Police Colonel Roland Butler said divers located two men around 10 a.m. in about 25 feet of water at the middle span of the bridge.CBS News - Top stories -
Search paused after 2 bodies found in Baltimore bridge collapse, focus turns to clearing debris
The Francis Scott Key Bridge collapsed after was struck by a cargo ship early Tuesday morning. After two days of searching for six missing people and finding the bodies of two, attention has turned to clearing the waterway.CBS News - Top stories -
Malawi follows Zambia in declaring drought disaster as El Niño brings hunger to southern Africa
The southern African nation of Malawi has declared a state of disaster over drought in 23 of its 28 districtsABC News - World -
BoE rate-setter warns against rushing to cut interest rates
Comments come after governor Andrew Bailey last week said interest rate cuts were ‘in play’Financial Times - World -
Why Biden Is Vowing to Raise Taxes
A “yes, new taxes” campaign violates every principle of American politics. But it’s the right choice for this moment.The New York Times - Top stories - Joe Biden -
Canada holds a state funeral to honor Brian Mulroney, one of its most consequential prime ministers
Politicians, dignitaries and celebrities joined members of the public at a state funeral to honor Brian MulroneyABC News - World -
Orca stranded off Canada’s west coast dies despite efforts to save her
Residents and marine officials in British Columbia hope a changing tide will save her orphaned calf. A killer whale stranded off Canada’s west coast has died despite efforts to rescue her, but residents and marine officials hope a changing tide ...The Guardian - World -
Canada Goose to cut 17% of its corporate workforce, following string of retail layoffs
Canada Goose said Tuesday that it will cut about 17% of its corporate workforce as consumers continue to pull back on discretionary spending.CNBC - Business -
Canada to tighten foreign investment rules in AI, space technology sectors, Bloomberg reports
Yahoo News - World -
Canada Had Designs on Being a Hydro Superpower. Now Its Rivers and Lakes Are Drying Up.
About 70% of the country is suffering from abnormally dry or drought conditions, forcing it to start up power plants fueled by gas or coal to meet mushrooming demand.The Wall Street Journal - World -
UK car exports to Canada face 6% tariffs within days as trade dispute deepens
Allies in stand-off on how much EU content can be in vehicles as post-Brexit deal runs outFinancial Times - Business - United Kingdom -
Canada school boards accuse social media firms of ‘rewiring’ how kids think
District education authorities launch multibillion-dollar lawsuit against Meta, Snap Inc and ByteDance. Four of Canada’s largest school boards have launched a multibillion-dollar lawsuit against the social media companies Meta, Snap Inc and ...The Guardian - World -
The right way to neutralize China’s unfair economic advantage on climate
China, despite having grown into the world’s second largest economy and largest exporter, is still classified by the United Nations as a developing nation under several important environmental treaties.The Hill - Politics - Climate -
Week Ahead for FX, Bonds in Asia-Pacific: Focus Turns to Economic Data
After a week of multiple central-bank decisions around the globe, focus now turns to economic data as investors seek clues as to their next moves.The Wall Street Journal - World -
Americans pay a steep economic price for Washington’s failure to confront Russia and Iran
Long-term consequences from short-sighted policies in Europe, the Middle East and China.MarketWatch - Business - Iran