Strange sell-off in the U.S. dollar raises the specter of investors losing trust in the U.S. under Trump
Among the threats tariffs pose to the U.S. economy, none may be as strange as the sell-off in the dollar.
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Among the threats tariffs pose to the U.S. economy, none may be as strange as the sell-off in the dollar.
U.S. stocks linked to rare earth metals and other critical minerals gained this week, getting a boost from signs that the Trump administration will favor a sector that’s become a flashpoint in the trade standoff between the U.S. and China.
Canada’s main stock index was up nearly 100 points, helped higher by strength in the energy, telecommunication and utility sectors, while U.S. stock markets were mixed in late-morning trading.
Most U.S. stocks climbed Thursday, but the worst drop for UnitedHealth Group in a quarter of a century kept Wall Street in check.
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Canadians poured a record amount into U.S. equities in February, even as a movement to boycott U.S. products and vacations gained momentum.
Ontario is set to table legislation that it says will speed up the development of mines.
Brookfield Asset Management Ltd. hired Morgan Stanley veteran Alper Daglioglu to run a new unit focused on developing multi-asset portfolios for institutional investors and wealthy individuals.
The Canada Pension Plan Investment Board says it has sold a portfolio of 25 private equity fund interests in North American and European buyout funds.
Cannabis company Tilray Brands Inc. is proposing a reverse stock split for its shares.
Alcoa Corp., the largest U.S. aluminum producer, said U.S. President Donald Trump’s 25 per cent tariff on metal imports has cost the company US$20 million since the duties went into effect.
BHP Group Ltd. is warning U.S. President Donald Trump’s tariff spree could trigger a global economic slowdown and challenge trade flows, as the world’s biggest miner posted a solid quarterly production performance for key commodities including copper and iron ore.
The Ontario Municipal Employees Retirement System bought up stocks last week after Donald Trump’s tariff program pummeled global markets.
The Quebec government has made a move it hopes will lower the price of gas in the province — but observers say consumers are unlikely to benefit at the pump.
Foreign holdings of U.S. Treasuries surged in February by the most since June 2021, with Canada and Japan among the biggest net buyers during a month that preceded the bond market’s recent turmoil.