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Economy, Law & Politics

US stocks fall sharply and Dow tumbles 1,100 points after the Fed hints at just 2 rate cuts for 2025

US stocks fall sharply and Dow tumbles 1,100 points after the Fed hints at just 2 rate cuts for 2025

NEW YORK (AP) — U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday it may deliver fewer shots of adrenaline for the U.S. economy in 2025 than earlier thought. The S&P 500 fell 2.
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Can stock markets sustain 2024 bull run into 2025?

Can stock markets sustain 2024 bull run into 2025?

Year in Review: Indices have in recent years outperformed Vancouver real estate, other investments
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Trudeau weighs his options as his path to stay on as prime minister narrows

Trudeau weighs his options as his path to stay on as prime minister narrows

A Liberal source with knowledge of the situation, but who was not authorized to speak publicly about the discussions, confirmed that the prime minister is reflecting with his inner circle on what to do next.
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B.C. lawyer ordered to return $71K executor fee after misconduct finding

B.C. lawyer ordered to return $71K executor fee after misconduct finding

A Law Society of BC hearing panel determined Vernon-based lawyer Leonard Marriott committed professional misconduct by improperly handling a will and pre-paying himself a 'substantial' executor fee.
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What is a trade deficit — and does it matter to the economy?

What is a trade deficit — and does it matter to the economy?

In a post on Truth Social early Wednesday, Donald Trump claimed his country is financially supporting its northern neighbour. The U.S.
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TSX, U.S. markets sink as Fed forecasts fewer interest rate cuts ahead

TSX, U.S. markets sink as Fed forecasts fewer interest rate cuts ahead

TORONTO — Markets on both sides of the border fell sharply Wednesday afternoon after the U.S.
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Metro Vancouver says population growth is accelerating and will hit 4 million by 2045

Metro Vancouver says population growth is accelerating and will hit 4 million by 2045

VANCOUVER — Metro Vancouver's projected population growth is accelerating, with an average of 50,000 new residents expected per year.
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Tributes pour in for late FNMPC CEO Niilo Edwards

Tributes pour in for late FNMPC CEO Niilo Edwards

Head of FNMPC helped drive important vehicle for economic reconciliation in Canada
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Rob Shaw: Eby’s rosy economic claims crumble under grim fiscal reality

Rob Shaw: Eby’s rosy economic claims crumble under grim fiscal reality

Finance Minister Bailey defends record deficit amid slumping revenues, over-budget projects
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Order of Canada goes to advocates, athletes, scientists and Deadpool

Order of Canada goes to advocates, athletes, scientists and Deadpool

More than 40 years after being told she was a threat to Canada because of her sexuality, Diane Pitre is being given one of the country's top honours.
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