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S&P/TSX composite down, U.S. stock markets also lower after Fed cuts interest rates

S&P/TSX composite down, U.S. stock markets also lower after Fed cuts interest rates

TORONTO 鈥 Canada's main stock index slipped on Wednesday, while U.S. stock markets also posted small losses after the U.S. Federal Reserve announced a highly anticipated outsized cut to its key interest rate.
Stock market today: Most of Wall Street edges lower after Fed delivers a big cut to rates

Stock market today: Most of Wall Street edges lower after Fed delivers a big cut to rates

NEW YORK (AP) 鈥 U.S. stock indexes edged lower Wednesday after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates. The S&P 500 slipped 0.3% to pull 0.
Canada ambassador to China says relations at 'yellow light' but not adversarial

Canada ambassador to China says relations at 'yellow light' but not adversarial

OTTAWA 鈥 Canada's ambassador to China says Ottawa's "complex" relationship with Beijing means some facets of the relationship are speeding along while others are in reverse.
Premier Smith blames fate of Calgary Green Line on lack of 'political oversight'

Premier Smith blames fate of Calgary Green Line on lack of 'political oversight'

CALGARY 鈥 Alberta Premier Danielle Smith says a lack of "political oversight" undermined Calgary's Green Line light rail transit project, but says her government will not take it over.
Airports to be equipped with CT scanners to detect explosives, other threats

Airports to be equipped with CT scanners to detect explosives, other threats

OTTAWA 鈥 At one Canadian airport, removing laptops and liquids from your carry-on at security is a thing of the past, thanks to a fresh use of half-century-old technology.
Teamsters union declines to endorse Trump or Harris for president

Teamsters union declines to endorse Trump or Harris for president

WASHINGTON (AP) 鈥 The International Brotherhood of Teamsters declined Wednesday to endorse Kamala Harris or Donald Trump for president, saying neither candidate had sufficient support from the 1.3 million-member union.
Nova Scotia NDP accuse government of prioritizing landlord profits over renters

Nova Scotia NDP accuse government of prioritizing landlord profits over renters

HALIFAX 鈥 Nova Scotia鈥檚 NDP are accusing the government of prioritizing landlords over residents who need an affordable place to live, as the opposition party tables a bill aimed at addressing the housing crisis.
What the MLSE deal could mean for Toronto fans as Rogers expands its sports empire

What the MLSE deal could mean for Toronto fans as Rogers expands its sports empire

TORONTO 鈥 Rogers Communications Inc.'s landmark deal to acquire rival telecom BCE Inc.'s share of Maple Leaf Sports & Entertainment could lead to better 鈥 but pricier 鈥 fan experiences, says one sports business expert. The $4.
Boeing CEO says the company will furlough employees soon to preserve cash during labor strike

Boeing CEO says the company will furlough employees soon to preserve cash during labor strike

Boeing鈥檚 CEO said Wednesday that the company will begin furloughing 鈥渁 large number鈥 of employees to conserve cash during the strike by union machinists that began last week.
BoC sees growing risk that high rates may push inflation below 2%, summary suggests

BoC sees growing risk that high rates may push inflation below 2%, summary suggests

OTTAWA 鈥 Some members of the Bank of Canada's governing council are growing concerned that high interest rates may bring down inflation by more than necessary.