NEW YORK — Less than two weeks before his 100th birthday, former President Jimmy Carter is receiving a lifetime achievement award from the Dayton Literary Peace Prize Foundation, which has set aside its longstanding rule that the winner accept the honor in person. The Ohio-based foundation announced Thursday that Carter was this year’s winner of … Read more
Federal Transport Minister Pablo Rodriguez is expected to resign from cabinet to seek the leadership of the Quebec Liberal Party. A federal Liberal source, who was not authorized to speak publicly, confirmed the news to The Canadian Press. It was first reported by La Presse. Rodriguez, who is also Prime Minister Justin Trudeau’s Quebec lieutenant, is expected … Read more
Federal Reserve Chairman Jerome Powell speaks during a news conference following the September meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Building on September 18, 2024 in Washington, DC. Anna Moneymaker | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC … Read more
A legal faceoff between TikTok and the U.S. government over a law that could ban the social media platform in the country is pitting two major principles against each other: national security versus free speech. In a more than two-hour appearance before a federal appeals court in Washington earlier this week, TikTok argued the U.S. … Read more
Federal Reserve Chairman Jerome Powell speaks during a news conference following the September meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Building on September 18, 2024 in Washington, DC. Anna Moneymaker | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our … Read more
Treasurer Jim Chalmers has denied he took the “wrong approach” and was “too slow” on tackling inflation, following the announcement on Thursday the US Federal Reserve will cut interest rates by half a percentage point. The US Federal Reserve is kicking off what is expected to be a steady easing of monetary policy with a … Read more
Alberta Premier Danielle Smith says her government’s $8.6-billion plan to fast-track building new schools will include a pilot project to incentivize private ones. Smith said the ultimate goal is to create thousands of new spaces for an exploding number of new students at a reduced cost to taxpayers. “We want to put all of the … Read more
A man who was driving while fatigued and taking “poor man’s meth” tablets when he killed a mine worker in a head-on collision has been jailed for seven years. Nathan Brian Teraki, 41, faced Queensland District Court in Brisbane on Wednesday and pleaded guilty to dangerous operation of a vehicle causing death while affected by … Read more
Ray Dalio said the 2024 U.S. elections will likely be the most important of his lifetime and he thinks the country needs a “strong leader of the middle.” Speaking to CNBC’s “Squawk Box Asia” on Thursday, the founder of Bridgewater Associates explained that the U.S. should aim to reach “broad-based prosperity” and the presidential election … Read more
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 — but notes China is not viewed as an adversary. “The analogy I constantly use while advising Canadian companies looking to do business in China is that of the yellow light,” … Read more
