News/Business (Page 7)

Business Both of the China-founded sites say U.S. customers will see higher prices starting next week, and industry data shows they’re pulling back on U.S. advertising, too. Both sites say U.S. customers will see higher prices starting next weekThe Associated Press · Posted: Apr 17, 2025 9:20 AM EDT |Continue Reading

Business The Bank of Canada on Wednesday held its key policy rate at 2.75 per cent, its first pause after seven consecutive cuts, and said the uncertainty around U.S. tariffs made it impossible to issue regular economic forecasts. In pausing consecutive cuts, bank said it would ensure inflation stays under controlThomson Reuters ·Continue Reading

After months of trade war back-and-forth, the impact of tariffs is starting to make its way onto our dining room tables, according to experts working in the Canadian food and grocery industry. Small grocers in particular have been paying more for the products that line their shelves, said Gary Sands,Continue Reading

Business StatCan said gas prices fell 1.6 per cent year-over-year in March, coming off a hike of 5.1 per cent in February Rate was down from 2.6% in FebruaryThe Canadian Press · Posted: Apr 15, 2025 8:39 AM EDT | Last Updated: April 15 Motorists fuel up at an ONrouteContinue Reading

Business The U.S. Federal Trade Commission claims that by acquiring WhatsApp and Instagram, Meta aimed to eliminate competitors who could threaten Facebook’s status as the go-to social media platform. FTC claims that in acquiring the two platforms, Meta aimed to eliminate competitorsThomson Reuters · Posted: Apr 14, 2025 11:35 AM EDT |Continue Reading

Business Growing recession risks to Canada from the U.S.-led trade war will push the Bank of Canada to cut interest rates at least twice more this year, although a majority of economists said policymakers will leave them unchanged on Wednesday. As chances of a global economic downturn rise, Canada isContinue Reading

Miss something this week? Don’t panic. CBC’s Marketplace rounds up the consumer and health news you need. Want this in your inbox? Get the Marketplace newsletter every Friday. Are you paying more than before to buy Canadian? Experts say it’s complicated Grocery products that are made in Canada are pictured on shelves at a supermarketContinue Reading

Business Stock markets spiked on Wednesday following U.S. President Donald Trump’s announcement of a 90-day pause in “reciprocal” tariffs. Six Democrats say that timing raises questions. Move comes after stock markets surged following announcement to pause tariffs Abby Hughes · CBC News · Posted: Apr 11, 2025 3:17 PM EDTContinue Reading

Business Stock markets including the Dow Jones Industrial Average, S&P 500 and Nasdaq were all up Friday after a week of massive fluctuations in response to tariff news. Dow Jones Industrial Average, S&P 500 and Nasdaq closed the week up a per cent or two eachThe Associated Press · Posted:Continue Reading