Tag: Economic policy
China's economy expands 5% in 2024, hitting target helped by strong exports, stimulus measures
HONG KONG -- China's economy expanded at a 5% annual pace in 2024, slower than the year before but in line with Beijing’s...
How major US stock indexes fared Thursday, 1/16/2025
U.S. stock indexes drifted lower following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies. The S&P...
Jack Daniels' parent Brown-Forman is cutting its workforce and closing its barrel-making plant
LOUISVILLE, Ky. -- Spirits giant Brown-Forman Corp. said Tuesday it's reducing its global workforce by about 12% and closing its hometown barrel-making plant...
Canada's Trudeau urges US consumers to consider the harm of Trump's tariff threats
VANCOUVER, British Columbia -- Canada's outgoing Prime Minister Justin Trudeau on Sunday suggested that President-elect Donald Trump's remarks about Canada becoming America's “51st...
Orange juice, steel will be on Canada's list for retaliation if Trump imposes tariffs
TORONTO -- Canada is looking at putting retaliatory tariffs on American orange juice, toilets and some steel products if U.S. President-elect Donald Trump...
Federal Reserve officials at December meeting expected slower pace of rate cuts ahead
WASHINGTON -- Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in...