Carney Calls Trump's Fed Pick Warsh 'Fantastic'
Former Bank of Canada Governor Mark Carney praises the selection of Kevin Warsh as U.S. Federal Reserve chair, highlighting their past collaboration and economic expertise.
Category : Banking Finance
Silver Hits Record Highs as Gold Rally Spills Over
Silver bullion prices have surged to unprecedented levels, mirroring gold's recent rally, driven by economic uncertainty and strong investor demand for precious metals.
Atlantic Pawn Shops See Precious Metal Demand Spike
Pawn shops across Atlantic Canada are experiencing heightened demand for gold and silver transactions as precious metal prices reach unprecedented levels, with experts analyzing market trends.
Trump's Fed Nominee Sparks Debate on Appearance Comments
Donald Trump nominated Kevin Warsh as Federal Reserve chair while praising his looks, reigniting discussion about how leaders' focus on appearance affects society and mental health.
Trump Picks Kevin Warsh for Fed Chair, Faces Senate Hurdle
U.S. President Donald Trump nominates Kevin Warsh to replace Jerome Powell as Federal Reserve chair in May 2026, but faces immediate opposition from Republican Senator Thom Tillis over an ongoing DOJ probe.
Kevin Warsh, Former Fed Hawk, Aligns with Trump on Rates
Kevin Warsh, once a Federal Reserve inflation hawk, has shifted his stance to align with Donald Trump's push for aggressive rate cuts, positioning him as the leading candidate for a key Fed appointment amid political tensions.
Trump Nominates Kevin Warsh as Federal Reserve Chair
Former President Donald Trump announces nomination of Kevin Warsh to lead U.S. Federal Reserve, succeeding Jay Powell at critical economic juncture with inflation and independence concerns.
SoFi Profit Jumps on Strong Fee-Based Business Growth
Fintech leader SoFi Technologies Inc. announces a significant profit increase for its latest quarter, fueled by substantial expansion in its fee-generating financial services and lending operations.
Trump Names Warsh as Next Federal Reserve Chair
In a significant economic policy move, former President Donald Trump has appointed ex-Federal Reserve governor Kevin Warsh to lead the central bank, replacing Jerome Powell.
Trump Nominates Kevin Warsh for Federal Reserve Chair
President Donald Trump announced his nomination of Kevin Warsh as the next Federal Reserve chair, praising him as potentially the 'best' ever. The move comes amid tensions with current chair Jerome Powell.
Trump Sues IRS, Treasury for $10B Over Tax Leak
Former President Donald Trump has initiated a massive $10 billion lawsuit against the IRS and U.S. Treasury Department, alleging damages from the leak of his tax returns. The legal action adds to ongoing political and financial controversies.
Gold Prices Climb Following Record 2025
Gold prices are continuing their ascent in early 2026, building on a record-setting year. Market analysts and local jewelers discuss the factors driving this sustained precious metal rally.
U.S. Dollar Sinks to Four-Year Low as Markets Watch Trump
The U.S. dollar's decline to its lowest level since 2022 has global markets on edge, with concerns over Trump's policies and potential U.S.-Japan currency intervention driving volatility.
RBC Hiring Spree to Boost Equities Trading Division
Royal Bank of Canada is aggressively expanding its equities trading division, hiring at least eight new professionals from European rivals to capitalize on booming demand for stock derivatives.
StatsCan: Income, Wealth Gap Widened in Q3 2025
New data from Statistics Canada reveals a concerning expansion of economic inequality, with income and wealth disparities growing in the third quarter of 2025.
CRA Denies Hearing Loss Disability Tax Credit Claim
The Canada Revenue Agency rejected a disability tax credit claim from a hard of hearing taxpayer, highlighting strict eligibility criteria for the valuable credit that can exceed $3,200 annually.
Shell Joins Scene+ Loyalty Program for Gas Points
Shell PLC is integrating with the Scene+ rewards program, offering members points on fuel purchases starting this spring. The partnership expands loyalty options for Canadian consumers.
Canada's November Trade Deficit Hits $2.2 Billion
Statistics Canada reveals a $2.2 billion merchandise trade deficit for November 2025, driven by increased imports of vehicles and other goods, highlighting ongoing economic pressures.
Bank of Canada Warns of Potential Economic Shock from Trade
Bank of Canada Governor Tiff Macklem highlights unusual potential for new economic shocks, linking concerns to CUSMA renegotiations and global trade tensions impacting future interest rate decisions.
BoC Governor Warns of Trump Tariff Economic Shock Risk
Bank of Canada Governor Tiff Macklem cautions that potential new U.S. tariffs under a Trump administration could create unusual economic vulnerability for Canada.
Gold Jumps, Stocks Mixed After Fed Holds Rates Steady
Global financial markets showed a mixed response as the U.S. Federal Reserve kept interest rates unchanged, with gold prices climbing sharply while stock indices traded unevenly.
Bessent's Trump Accounts Gift Idea Draws Social Media Fury
Treasury Secretary Scott Bessent faces criticism after suggesting families contribute to Trump Accounts instead of buying toys for children, with critics calling the remarks out of touch.
National Bank Leaders Call for Stronger Investment Policies
National Bank of Canada's CEO and chief economist are pressing the federal government to implement more robust measures to attract investment, highlighting the need for competitive economic strategies.
Economist: Growing Case for Bank of Canada Rate Cuts
Royce Mendes of Desjardins Group analyzes the Bank of Canada's decision to hold interest rates steady while monitoring economic risks, suggesting a potential shift toward easing.
Emerging Currencies Mixed After Fed Holds Rates Steady
Emerging market currencies traded with mixed results after the U.S. Federal Reserve maintained interest rates, with Asian currencies gaining while others declined amid dollar volatility.
Stolen Cards Used at Stratford Store, Police Seek Suspect
Stratford Police are investigating after stolen credit cards were fraudulently used at a local retail store. Surveillance images of a suspect have been released to the public.
Economists React to Bank of Canada's Interest Rate Hold
The Bank of Canada maintains its key interest rate at 2.25% amid economic uncertainty, with experts discussing inflation risks and potential future rate cuts.
Fed Holds Rates Steady, Points to Economic Gains
The U.S. Federal Reserve maintains interest rates at 3.5%-3.75%, highlighting labor market stabilization and solid growth while signaling cautious future approach.
Canadian Pension Fund Recommends Yen, Franc, Gold Over USD
Investment Management Corp. of Ontario suggests Swiss franc, Japanese yen, and gold as alternatives to the U.S. dollar amid Trump policy concerns, highlighting infrastructure and AI assets.
BoC Holds Rate at 2.25%, Real Estate Optimism Grows
The Bank of Canada maintains its key interest rate at 2.25%, citing economic uncertainty. This steady policy is seen as a positive signal for real estate investors and the broader housing market.
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