Containers at the Port of Vancouver in Vancouver, British Columbia, Canada, Feb. 28, 2025.Ethan Cairns/Bloomberg via Getty ImagesChina on Saturday announced retaliatory tariffs on some Canadian agricultural goods, hitting back after Ottawa slapped import duties on Chinese-made electric vehicles and steel and aluminum products.Beijing said a 100% tariff would be imposed on Canadian rapeseed oil, oil cakes and peas, while a 25% levy would be placed on aquatic products and pork originating in Canada.The tariffs are scheduled to come into force from March 20, according to a statement from China’s Customs Tariff Commission of the State Council. The measures come…
Author: usaeverydaylife
After President Trump imposed tariffs on Canada on Tuesday, Prime Minister Justin Trudeau made an extraordinary statement that was largely lost in the fray of the moment. “The excuse that he’s giving for these tariffs today of fentanyl is completely bogus, completely unjustified, completely false,” Mr. Trudeau told the news media in Ottawa. “What he wants is to see a total collapse of the Canadian economy, because that’ll make it easier to annex us,” he added.This is the story of how Mr. Trudeau went from thinking Mr. Trump was joking when he referred to him as “governor” and Canada as…
The ‘Fast Money’ traders talk the down week for the market and what they are keeping an eye on next week. Source link
A video protest sign on a truck paid for by the Patriotic Millionaires drives past a mansion owned by Amazon founder Jeff Bezos as part of a federal tax filing day protest to demand he pay his fair share of taxes, in Washington, May 17, 2021.Jonathan Ernst | ReutersMost workers can expect to see Social Security payroll taxes taken from their paychecks throughout the year.But high earners with $1 million in gross annual wage income have already stopped paying into the program as of March 6, according to the Center for Economic and Policy Research.In 2025, workers are subject to…
The protester leaped on to the stage, lunged at Chrystia Freeland and screamed within inches of her face.She didn’t flinch.Her January campaign launch for leadership of the Liberal Party, and by extension Canada, was disrupted, but the encounter made a point no stump speech could have landed as effectively: She’s unflappable.Ms. Freeland, a career journalist from Alberta who rose through elite institutions to become a top politician, is now running to replace the man who brought her into politics, Justin Trudeau.On Sunday, Canada’s Liberal Party will announce the results of its election for a new leader, chosen by 400,000 members.…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyTorsten Slok, Apollo chief economist, joins ‘Fast Money’ to talk the impact of lagging economic indicators on the markets.04:205 hours ago Source link
Shares of DoorDash, Williams-Sonoma, Expand Energy, and TKO Group rose in extended trade on Friday after an announcement they would join the S&P 500.The four companies will join Wall Street’s most widely followed stock benchmark before the start of trading on Monday, March 24, S&P Dow Jones Indices said in a news release.DoorDash jumped 7.5%, Williams-Sonoma rose 2.4%, Expand Energy added 1.5% and TKO Group gained 2.6%.They will replace Borgwarner, Teleflex Inc, Celanese Corp and FMC Corp.Index funds that track the S&P 500 are among the most popular investment tools in the U.S. stock market, and those funds will have to purchase shares of the…
It was the summer of 2007. Deep inside Canada’s finance ministry, high-ranking officials were staring down the barrel of a global financial meltdown.They weren’t sure exactly when, or how, the market would crash, but as Mark Carney tells it, “We knew that the thing was going to fall apart.”It was a turning point for Mr. Carney, then a senior public servant, and began the next chapter of his career managing economic crises as the governor of national banks in Canada and Britain.It was also a transformative moment in Mr. Carney’s political evolution: He saw the financial crisis as the catalyst…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailRick Heitzmann, FirstMark Capital founder & partner, joins ‘Fast Money’ to talk Big Tech’s market struggle this week and why more pain may be on the horizon. Source link
Kelly Ortberg, CEO of Boeing, speaking on CNBC’s Squawk Box on Jan. 28th, 2025.CNBCAnnual bonuses for more than 100,000 Boeing employees this year will be tied to company-wide performance, rather than by business unit, as in previous years.Eighty percent of the bonuses are tied to Boeing’s financial performance, with the remaining 20% tied to progress on improving safety and quality, and program execution, according to the 2025 proxy statement filed on Friday with the U.S. Securities and Exchange Commission.The announced changes come two days after CEO Kelly Ortberg told employees the company’s myriad business units have to work together as part of a…
