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‘At times, the pain is unbearable’: My daughter cut me out of her life. I’m
“I scrimped, saved, invested and worked multiple jobs my entire adult life so my children would never have to pay my senior-care medical expenses.”
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China makes request to WTO in its dispute over Canadian EV and steel
China has submitted a request to Canada for consultation at the World Trade Organization on additional tariffs it has imposed on Chinese electric vehicles as well as steel and aluminum products, the Commerce Ministry said on Friday."On…
The stock market is stumbling because investors suspect a Fed mistake
Investors fear, but don’t know for sure, if a long-awaited Federal Reserve rate cut has been left too long.
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Canada’s unemployment rate rose in August amid tough summer job market
Canada's unemployment rate increased to 6.6 per cent in August as students continued to face a difficult summer hiring season.Statistics Canada's labour force survey on Friday showed the economy added a modest 22,000 jobs last month,…
Women just broke a job-market record. That may be a warning sign.
Friday’s jobs report showed a cooling labor market. But hiding in the data was one record-breaking stat about women in the workforce.
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Canada’s unemployment rate rises to 6.6%, sparking concerns
Canada's unemployment rate is just the latest economic indicator flashing red. It climbed to 6.6 per cent last month. Excluding the volatile swings of the COVID era, that's the highest it's been since 2017.And economists say the malaise…
Why Republicans ‘don’t have the votes’ to pass Trump’s tax plan
Republicans don’t have the appetite for their presidential candidate’s desired deficit spending, analyst says.
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Interest rates are dropping. What, if anything, will get cheaper?
Interest rates in Canada are finally coming down. The Bank of Canada trimmed its key policy rate for the third consecutive time on Wednesday, to 4.25 per cent, continuing an easing cycle that started in June. If you're wondering what…
Fed’s Goolsbee says trend of economic data justifies multiple Fed rate
The longer-run trend of labor-market and inflation data justify the Federal Reserve easing interest-rate policy soon, and then steadily over the next year, Chicago Fed President Austan Goolsbee said Thursday, in an exclusive interview…
Muslim countries’ local sodas see boost amid Coke and Pepsi boycott over
Coca-Cola and rival PepsiCo spent hundreds of millions of dollars over decades building demand for their soft drinks in Muslim-majority countries including Egypt to Pakistan.Now, both face a challenge from local sodas in those countries…