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Top Fed official backs more rate cuts even if Trump tariffs materialize

Top Fed official backs more rate cuts even if Trump tariffs materialize

WASHINGTON (AP) — A top policymaker at the U.S. Federal Reserve said Wednesday that he still supports cutting interest rates this year, despite elevated inflation and the prospect of widespread tariffs under the incoming Trump administration.
Austrian Foreign Minister Alexander Schallenberg to serve as the country's interim leader

Austrian Foreign Minister Alexander Schallenberg to serve as the country's interim leader

VIENNA (AP) — Austrian Foreign Minister Alexander Schallenberg will serve as the country's interim leader while the far-right Freedom Party attempts to put together a new coalition government, the president's office said Wednesday.
Austrian foreign minister Schallenberg to serve as the country's interim leader

Austrian foreign minister Schallenberg to serve as the country's interim leader

VIENNA (AP) — Austrian Foreign Minister Alexander Schallenberg will serve as the country's interim leader while the far-right Freedom Party attempts to put together a new coalition government, the president's office said Wednesday.
Is Donald Trump kidding? Americans in Canada react to tariff, annexation threats

Is Donald Trump kidding? Americans in Canada react to tariff, annexation threats

Incoming U.S. president Donald Trump has been courting controversy in Canada since his election victory, with threats to impose whopping tariffs on Canadian goods and musings about the country becoming "the 51st state.
Not a 'snowball's chance in hell' of Canada becoming 51st state: Trudeau

Not a 'snowball's chance in hell' of Canada becoming 51st state: Trudeau

WASHINGTON — Prime Minister Justin Trudeau clapped back Tuesday at Donald Trump's escalating claims that Canada would be better off if it became the 51st state, and has called for an in-person meeting with premiers in Ottawa next week to address this
Biden administration withdraws old growth forest plan after getting pushback from industry and GOP

Biden administration withdraws old growth forest plan after getting pushback from industry and GOP

BILLINGS, Mont. (AP) — The Biden administration on Tuesday abruptly dropped its nascent plan to protect old growth forests after getting pushback from Republicans and the timber industry. The move was announced by U.S.
Biden administration withdraws old growth forest plan after getting pushback from industry and GOP

Biden administration withdraws old growth forest plan after getting pushback from industry and GOP

BILLINGS, Mont. (AP) — The Biden administration on Tuesday abruptly dropped its nascent plan to protect old growth forests after getting pushback from Republicans and the timber industry. The move was announced by U.S.
David Eby among premiers heading to Washington to tamp down Trump tariff threat

David Eby among premiers heading to Washington to tamp down Trump tariff threat

VANCOUVER — The "state of the federal government" following the announcement that Prime Minister Justin Trudeau would resign means Canada's premiers are taking the lead in the fight against threatened tariffs from U.S.
Ontario launching rebates for energy efficient home renovations and upgrades

Ontario launching rebates for energy efficient home renovations and upgrades

TORONTO — Ontario is introducing two new energy efficiency programs, including one offering rebates for certain home improvements. The Home Renovation Savings Program, launching Jan.
S&P/TSX composite down Tuesday, U.S. stock markets fall after new economic data

S&P/TSX composite down Tuesday, U.S. stock markets fall after new economic data

TORONTO — Canada's main stock index moved lower Tuesday, led by losses in technology, while the sector led U.S. markets to erase Monday's gains. The S&P/TSX composite index closed down 69.90 points at 24,929.89.
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