The stock market took a nosedive on a Thursday, with the S&P 500 officially entering a correction territory. The Dow Jones Industrial Average dropped by 537 points, or 1. 3%, while the S&P 500 fell by 1. 39% and the Nasdaq Composite declined by 1. 96%. What caused this sudden plunge? President Trum
The auto industry is facing a tough time due to new tariffs on steel and aluminum. These metals are crucial for car manufacturing, and the increased tariffs will make them more expensive. The U. S. government has imposed a 25% tariff on steel and raised the aluminum tariff from 10% to 25%. This move
The United States is set to impose hefty tariffs on steel and aluminum imports. This move, led by the president, aims to protect domestic metal producers. The tariffs, set at 25% for steel and aluminum, could significantly impact American companies that rely on these metals. Automakers, construction
China is facing a serious problem. Its birth rates are dropping fast. This means fewer babies are being born each year. The country's leaders are worried. They see this as a big threat to their economy. The reason is simple. Fewer young people means fewer workers. This could slow down China's econom
In a bold move, Ontario has slapped a 25% surcharge on power exports to the US. This decision comes as a retaliation against recent tariffs imposed by the US. The impact will be felt by 1. 5 million homes and businesses in Michigan, Minnesota, and New York. Families and businesses in these states co
Canada has been in a whirlwind of trade policy chaos. The U. S. has been playing a game of tariff ping-pong. One moment, tariffs are on; the next, they're off. This back-and-forth has left businesses scrambling, markets uncertain, and governments frustrated. Canadian manufacturers had to rush to rev
Lockdowns were a big deal during the COVID-19 pandemic. They were put in place to stop the spread of the virus. But, they had a lot of other effects too. People's feelings about politics, the economy, and even healthcare got worse. This was a big problem for everyone, including the people making the
Imagine a world where weather warnings are no longer reliable. That's a real possibility if funding cuts continue to hit the National Weather Service (NWS). The NWS, part of the National Oceanic and Atmospheric Administration (NOAA), has recently seen significant job losses. Hundreds of employees we
The recent announcement of tariffs on Canadian goods by the U. S. has left many wondering what the future holds for British Columbia's economy. On March 5, Finance Minister Brenda Bailey addressed a gathering of business leaders at the Hotel Grand Pacific. She acknowledged the tough times ahead, wit
Avocados have become a hot topic. Why? Because the U. S. relies heavily on imports, mostly from Mexico. This makes them vulnerable to tariffs. These tariffs are a new challenge for the food supply chain. The U. S. has recently imposed a 25% tariff on imports from Canada and Mexico. This includes av
