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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 day of a two-day appearance before Congress.
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.
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.
Salman Rushdie testifies against the man charged with stabbing him on stage in 2022

Salman Rushdie testifies against the man charged with stabbing him on stage in 2022

Author Salman Rushdie took the stand in a New York courtroom Tuesday to testify against the man charged with stabbing him in a frenzied knife attack.
'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.
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.
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.
After waiting 30 years, Aurora retiree scores his first big lottery win of $75K

After waiting 30 years, Aurora retiree scores his first big lottery win of $75K

Martin Britton plans to travel to Europe and save the rest for a rainy day
Australia soccer star Sam Kerr found not guilty of racially aggravated harassment

Australia soccer star Sam Kerr found not guilty of racially aggravated harassment

LONDON (AP) — Sam Kerr, one of the world’s top female soccer players, was found not guilty of the racially aggravated harassment of a police officer, Britain's Press Association reported Tuesday.
Australia soccer star Sam Kerr found not guilty of racially aggravated harassment

Australia soccer star Sam Kerr found not guilty of racially aggravated harassment

LONDON (AP) — Sam Kerr, one of the world’s top female soccer players, was found not guilty of the racially aggravated harassment of a police officer, Britain's Press Association reported Tuesday.