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Powell says Fed 'well positioned' for the 'risks and uncertainties' that lie ahead

Powell says Fed 'well positioned' for the 'risks and uncertainties' that lie ahead

WASHINGTON (AP) — The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job market is solid, Chair Jerome Powell said Tuesday on the first of a two-day appearance before Congress.
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Here's the latest as Canada faces steel and aluminum tariffs from the United States

Here's the latest as Canada faces steel and aluminum tariffs from the United States

OTTAWA — U.S. President Donald Trump has announced that he will impose 25 per cent tariffs on all aluminum and steel imports to the U.S., including those from Canada, on March 12. Here's the latest news: ——— 9 a.m.
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Premiers make diplomatic push in Washington after Trump issues new tariff threat

Premiers make diplomatic push in Washington after Trump issues new tariff threat

WASHINGTON — Canadian premiers are taking up the Team Canada mantle in Washington this week on a joint mission to convince U.S. President Donald Trump to drop his tariff threats for good.
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EU vows countermeasures to US tariffs. Bourbon, jeans, peanut butter, motorcycles are easy targets

EU vows countermeasures to US tariffs. Bourbon, jeans, peanut butter, motorcycles are easy targets

BRUSSELS (AP) — U.S. tariffs on steel and aluminum “will not go unanswered,” European Union chief Ursula von der Leyen vowed on Tuesday, adding that they will trigger tough countermeasures from the 27-nation bloc. It means iconic U.S.
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Spending more after getting that big pay increase? How to avoid lifestyle creep

Spending more after getting that big pay increase? How to avoid lifestyle creep

Choosing to shop at a specialty farmers market over a discount grocery chain or taking a cab instead of public transit are some of the subtle ways your spending can climb as your income goes up.
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'SNL' at 50: Loverboy's Mike Reno remembers working weekend shift with Jerry Lewis

'SNL' at 50: Loverboy's Mike Reno remembers working weekend shift with Jerry Lewis

As “Saturday Night Live” marks its 50th anniversary, The Canadian Press is looking back at some of the sketch comedy show’s most notable Canadian musical performances.
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Stock market today: Wall Street falls as Trump imposes new tariffs on steel and aluminum imports

Stock market today: Wall Street falls as Trump imposes new tariffs on steel and aluminum imports

NEW YORK (AP) — U.S. stocks are slipping following President Donald Trump’s latest escalation against the United States’ trading partners with tariffs. The S&P 500 was 0.3% lower in early trading Tuesday in the U.S.
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Shopify reports US$1.29B Q4 net income, revenue up 31 per cent from year ago

Shopify reports US$1.29B Q4 net income, revenue up 31 per cent from year ago

OTTAWA — Shopify Inc. reported a fourth-quarter net income of US$1.29 billion, up from US$657 million a year ago, as its revenue rose more than 30 per cent. The e-commerce software company, which keeps its books in U.S.
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JD Vance rails against 'excessive regulation' of AI at Paris summit in rebuke to European efforts

JD Vance rails against 'excessive regulation' of AI at Paris summit in rebuke to European efforts

PARIS (AP) — U.S. Vice President JD Vance on Tuesday warned global leaders and tech industry executives that “excessive regulation” could cripple the rapidly growing artificial intelligence industry in a rebuke to European efforts to curb AI’s risks.
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Trudeau says Canada will push back on U.S. tariffs with Trump administration

Trudeau says Canada will push back on U.S. tariffs with Trump administration

PARIS — Prime Minister Justin Trudeau said Tuesday Ottawa will work to convince U.S. President Donald Trump that his "unacceptable" steel and aluminum tariffs will hurt both countries. A senior government official said that Trudeau spoke with U.S.
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