The Federal Reserve’s interest rate decisions can influence the trajectory of the U.S. economy. “The U.S. economy’s stature is one of the key drivers of the importance of the Fed,” said Gregory Daco, chief economist at EY-Parthenon. “The [U.S.] economy remains one of the largest economies in the world, and certainly of late, one of … Read more
A boss is copping an epic backlash after a message he sent to an employee while on holidays went viral. UK workplace expert Ben Askins shared on TikTok a text message from a man named Tom, who had received the message from his unnamed boss while on holidays. The video posted by Askins has garnered … Read more
The organization representing Canada’s doctors has issued a formal apology for the harms the medical profession has caused Indigenous Peoples. The Canadian Medical Association (CMA) made the apology Wednesday at a ceremony in Victoria, attended by representatives of First Nations, Metis and Inuit peoples. CMA president Dr. Joss Reimer said the organization was “deeply ashamed” … Read more
The International Brotherhood of Teamsters on Wednesday announced it will not formally endorse a candidate in the 2024 presidential election, ending months of speculation about whether the labor union would back Republican Donald Trump or Democrat Kamala Harris. The union’s general executive board said in a statement that its member polling showed no majority support … Read more
PHILADELPHIA — The Philadelphia 76ers have a new teammate in their bid to build a new $1.3 billion arena downtown. Mayor Cherelle Parker announced Wednesday that she has forged a deal with team owners to keep the NBA franchise in town and will send it to city council. The decision comes despite objections from nearby … Read more
The U.S., Canada and Australia hit a group of Iranian officials with sanctions Wednesday for their participation in suppressing protests and detaining people in relation to the death of Mahsa Amini, an Iranian woman who died in the custody of Iran’s morality police two years ago for improperly wearing a mandatory headscarf. Amini, 22, died … Read more
Republican presidential nominee and former U.S. President Donald Trump looks down on the day he attends a press conference at Trump National Golf Club in Rancho Palos Verdes, California, on Sept. 13, 2024. David Swanson | Reuters Shares of Trump Media closed Wednesday at a new post-merger low, on the eve of the expiration of … Read more
Conservatives have initiated the process to find the business partner of cabinet minister Randy Boissonnault in contempt of Parliament. In a report tabled on Tuesday, parliamentary ethics committee chair John Brassard wrote that Stephen Anderson, the chief operating officer of Global Health Imports, failed to comply with committee orders. The report states Anderson failed to … Read more
Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., September 18, 2024. Tom Brenner | Reuters Federal Reserve Chair Jerome Powell suggested that Wednesday’s larger-than-expected interest rate cut may have a limited effect on the presidential race … Read more
Democratic presidential candidate Vice President Kamala Harris speaks at a campaign rally at the Bojangles Coliseum in Charlotte, North Carolina, on Sept. 12, 2024. Jim Watson | AFP | Getty Images More than 100 Republican former lawmakers and officials endorsed Democratic presidential nominee Vice President Kamala Harris in a letter, while warning that their own … Read more
