Financial Insights That Matter “The ideology guiding this U.S. administration will not be swayed by facts, by jumping through hoops on the alleged reasons for tariffs,” says Scotia economist Derek Holt. (REUTERS/Kevin Lamarque) · REUTERS / Reuters Canada needs to “take the fight” over tariffs directly to U.S. consumers and businesses and forget about “hopelessly […]
Financial Insights That Matter (Bloomberg) — Fast-changing news on tariffs flummoxed traders across asset classes Friday, shattering the calm spurred earlier by receding anxieties around the tech sector. A White House assertion that President Donald Trump plans to impose levies on China, Mexico and Canada this weekend sent the dollar up as stocks got hit. […]
Financial Insights That Matter President Donald Trump said Friday that a first round of tariffs on Canada, Mexico, and China will begin on his self-imposed deadline Feb. 1 but that some duties on oil and gas may be limited. “We’re not looking for a concession,” Trump said about the state of negotiations, signaling that nothing […]
Financial Insights That Matter NEW YORK (Reuters) – Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as those coming in from Mexico and Canada. Refiners are awaiting clarity and preparing for U.S. President Donald Trump’s threatened tariffs on crude imports from Canada and Mexico. […]
Financial Insights That Matter cnythzl / Getty Images/iStockphoto Budgeting during retirement is not easy, nor is it simple. That said, millions of Americans do it every year. GOBankingRates spoke with Diane P., a 68-year-old retired teacher who’s learning to live comfortably on a fixed income. After 32 years in the classroom, she’s sharing her real […]
Financial Insights That Matter (Reuters) -Bill Ackman, the owner of investment firm Pershing Square, said on Saturday that he is reincorporating his management company in Nevada. “We are reincorporating our management company in Nevada…,” the billionaire investor said in response to a post on X, adding that top law firms are recommending Nevada and Texas […]
Financial Insights That Matter WASHINGTON (Reuters) – Negotiators reached a phased deal on Wednesday to end the war in Gaza between Israel and Hamas, the U.S. and Qatar said, after 15 months of bloodshed that has killed tens of thousands of Palestinians and inflamed the Middle East. The complex accord outlines a six-week initial ceasefire […]
Financial Insights That Matter By David Ljunggren and Promit Mukherjee OTTAWA (Reuters) – Canada could impose countermeasures on up to C$150 billion ($105 billion) worth of U.S. imports if President-elect Donald Trump puts tariffs on Canadian goods and services, a source familiar with the matter said on Wednesday. Canada has drawn up a list of […]
Financial Insights That Matter (Bloomberg) — Canada has drawn up an initial list of C$150 billion ($105 billion) of US-manufactured items that it would hit with tariffs if President-elect Donald Trump decides to levy tariffs against Canadian goods, according to an official familiar with the matter. Most Read from Bloomberg The list is a draft […]
Financial Insights That Matter Ssense, the Montreal-based multibrand retailer of designer fashion and streetwear, has promoted three executives within its marketing, customer and supply chain departments Christine Sio has been promoted to chief customer officer, overseeing global demand generation, conversion and customer loyalty. She succeeds Dan Habashi. More from WWD Most recently, Sio was vice […]