Tag: government policy

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...

Top Fed official backs new rate cuts even if Trump tariffs materialize

WASHINGTON -- A top policymaker at the U.S. Federal Reserve said Wednesday that he still supports cutting interest rates this year, despite elevated...

US rejection of Nippon Steel's bid for US Steel rankles Washington's key ally in Asia

BANGKOK -- U.S. President Joe Biden’s decision to reject a bid by Nippon Steel to acquire U.S. Steel on national security grounds isn’t...