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Fed Chair Powell says the US economy is in 'solid shape' with more rate cuts coming

Fed Chair Powell says the US economy is in 'solid shape' with more rate cuts coming

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell signaled Monday that more interest rate cuts are in the pipeline, though their size and speed will depend on the evolution of the economy.
Fed Chair Powell says the US economy is in 'solid shape' with more rate cuts coming

Fed Chair Powell says the US economy is in 'solid shape' with more rate cuts coming

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell signaled Monday that more interest rate cuts are in the pipeline, though their size and speed would depend on the evolution of the economy.
Carmaker Stellantis slashes forecasts as it faces industry slump and Chinese competition

Carmaker Stellantis slashes forecasts as it faces industry slump and Chinese competition

MILAN (AP) — Carmaker Stellantis, the world’s fourth largest carmaker , slashed its earnings forecast on Monday, citing investments to turn around its U.S. operations amid a wider industry slump and increased Chinese competition.
Indigenous-related capital markets activity set to grow significantly, report says

Indigenous-related capital markets activity set to grow significantly, report says

TORONTO — Canada is poised to see significant growth in Indigenous-related project financing, international credit rating agency Morningstar DBRS said Monday.
Controlling interest in owner of hockey brand Bauer to be sold to Fairfax affiliates

Controlling interest in owner of hockey brand Bauer to be sold to Fairfax affiliates

The owner of Bauer Hockey says affiliates of Fairfax Financial Holdings Ltd. will acquire controlling interest in its overall business. Peak Achievement Athletics Inc.
CDPQ increases stake in dairy company Saputo with $378M share purchase

CDPQ increases stake in dairy company Saputo with $378M share purchase

MONTREAL — The Caisse de dépôt et placement du Québec has increased its stake in dairy company Saputo Inc. The Quebec investment manager says it has acquired 13.5 million shares at a price of $27.96 per share for a total of about $378 million.
DirecTV will buy rival Dish to create massive pay-TV company after yearslong pursuit

DirecTV will buy rival Dish to create massive pay-TV company after yearslong pursuit

DirecTV is buying Dish and Sling as the company, a deal it has sought to complete for years, as seeks to better compete against streaming services that have become dominant.
AT&T exits showbiz, sells remaining stake in DirecTV to private equity firm TPG for $7.6 billion

AT&T exits showbiz, sells remaining stake in DirecTV to private equity firm TPG for $7.6 billion

AT&T is selling its majority stake in DirecTV to private equity firm TPG Partners for $7.6 billion, ending the communication giant's remaining ties to the entertainment industry.
AI companies could be more transparent to help users make informed choices: Meta VP

AI companies could be more transparent to help users make informed choices: Meta VP

TORONTO — Ask Meta Platforms Inc.'s head of artificial intelligence research how the technology could be made safer and she takes inspiration from an unlikely place: the grocery store.
Eby says more than 90 per cent of British Columbians to benefit from tax cut promise

Eby says more than 90 per cent of British Columbians to benefit from tax cut promise

SURREY, СÀ¶ÊÓƵ — New Democrat Leader David Eby, speaking before his largest crowd of the provincial election campaign, says he's making a tax relief election promise that will benefit more than 90 per cent of people in British Columbia.
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