Canada weighs stronger trade retaliation as U.S. steel and aluminum imports face 50% tariffs, industry braces for impact OTTAWA: Canada may impose higher counter-tariffs on U.S. steel and aluminum imports if negotiations with the Trump administration fail to yield a…
The Federal Reserve (Fed) held interest rates steady Wednesday, maintaining its target range of 4.25%-4.5% amid concerns over inflation and slowing economic growth. Despite expectations for two rate cuts later in 2025, officials scaled back their projections for reductions in…
Stocks reverse losses after president temporarily eases trade war measures U.S. stocks staged a dramatic rebound Wednesday after President Trump announced a temporary easing of trade tariffs, sparking the biggest single-day rally in months. The Dow Jones Industrial Average rocketed…