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S&P/TSX composite down, U.S. stocks also lower on fears of conflict escalation

S&P/TSX composite down, U.S. stocks also lower on fears of conflict escalation

TORONTO — Canada's main stock index closed down despite strength in the energy sector, while U.S. markets also moved lower over rising fears that the conflict between Israel and Iran could escalate.
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Dow drops nearly 300 after oil prices jump as Trump urges Iran's unconditional surrender

Dow drops nearly 300 after oil prices jump as Trump urges Iran's unconditional surrender

NEW YORK (AP) — U.S. stocks slumped under the weight of a jump for the price of oil. The S&P 500 fell 0.8% Tuesday following signals that Israel’s conflict with Iran may be worsening and that one of the U.S. economy’s main engines is weakening.
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Bank of Canada weighed June rate cut — but trade uncertainty kept it on hold

Bank of Canada weighed June rate cut — but trade uncertainty kept it on hold

OTTAWA — New meeting records show the Bank of Canada's top decisionmakers were weighing an interest rate cut earlier this month but didn't feel like they knew enough about how the tariff dispute with the United States would unfold to pull the trigger
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DHL Express to suspend operations countrywide amid strike, lockout

DHL Express to suspend operations countrywide amid strike, lockout

DHL Express Canada plans to shut down operations across the country this week amid a strike and lockout involving 2,100 truck drivers and other workers, adding to turmoil in the parcel market.
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Americans turn cautious and retail sales slide after a spring rush to beat tariffs

Americans turn cautious and retail sales slide after a spring rush to beat tariffs

WASHINGTON (AP) — Retail sales fell sharply in May as consumers pulled back from a spending surge early this year to get ahead of President Donald Trump’s sweeping tariffs on nearly all imports. Sales at retail stores and restaurants dropped 0.
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Montreal invests $100K to lure research talent seeking to escape United States

Montreal invests $100K to lure research talent seeking to escape United States

MONTREAL — The City of Montreal is investing $100,000 to lure scientists and researchers who want to leave the United States. In a news release, Mayor Valérie Plante says the "current situation" in the U.S.
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Kurek looks to leave mark on Canada with bill to add a new national symbol

Kurek looks to leave mark on Canada with bill to add a new national symbol

OTTAWA — Outgoing Conservative MP Damien Kurek is looking to leave his mark in Parliament by pushing for the adoption of a national livestock brand as one of Canada's symbols.
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Toy company challenges Trump’s tariffs before the Supreme Court in long shot bid for quick decision

Toy company challenges Trump’s tariffs before the Supreme Court in long shot bid for quick decision

WASHINGTON (AP) — An Illinois toy company challenged President Donald Trump’s tariffs in front of the Supreme Court on Tuesday in a long shot bid to press the justices to quickly decide whether they are legal. Learning Resources Inc.
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Brazil auctions off several Amazon oil sites despite environmentalists and Indigenous protests

Brazil auctions off several Amazon oil sites despite environmentalists and Indigenous protests

BRASILANDIA, Brazil (AP) — Brazil auctioned off several land and offshore potential oil sites near the Amazon River on Tuesday as it aims to expand production in untapped regions despite protests from environmental and Indigenous groups .
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Brazil auctions off several Amazon oil sites despite environmentalists and Indigenous protests

Brazil auctions off several Amazon oil sites despite environmentalists and Indigenous protests

BRASILANDIA, Brazil (AP) — Brazil auctioned off several land and offshore potential oil sites near the Amazon River on Tuesday as it aims to expand production in untapped regions despite protests from environmental and Indigenous groups .
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