Finance

As U.S. Treasury rates increased and investors’ concerns about the possibility of U.S. trade penalties increased, the Canadian dollar marginally declined versus its U.S. counterpart on Wednesday. After fluctuating between 1.4340 and 1.4409, the loonie traded 0.2% lower at 1.4390 to the US dollar, or 69.49 US cents. The Federal Reserve’s hawkish stance and the

President-elect Donald Trump said that DAMAC Properties, an Emirati business run by billionaire Hussain Sajwani, will spend a substantial $20 billion on US data centers. This action shows Trump’s ability to draw significant funding for ambitious initiatives. The news comes after Japanese businessman Masayoshi Son had pledged to invest $100 billion in the United States.

According to Donald Trump, the US won’t accept Canadian vehicles or farm products in exchange since it defends Canada, has trade imbalances, and doesn’t get them. Citing worries about US military aid and trade imbalances, US President-elect Donald Trump suggested use “economic force” to coerce Canada into becoming the 51st state. He reaffirmed his intention

Donald Trump’s pledge to raise tariffs upon taking office as president of the United States in less than two weeks has already sent global markets into a tailspin, from China to Europe, Canada to Mexico. Trade experts warn Trump’s proposed tariffs, which include up to 10% on international imports, 60% on Chinese goods, and a

Firefighters warned that circumstances would deteriorate overnight as a fast-moving wildfire tore through a wealthy neighborhood of Los Angeles, burning houses and forcing hundreds to escape. The Palisades Fire burns homes in Affluent Los Angeles District: On Tuesday, a brush fire that broke out in the Pacific Palisades enclave caused fear and traffic jams, forcing

Due to Chinese debt agreements and the fact that U.S. interest rate reduction makes it more cost-effective for businesses to issue dollar bonds rather than local currency debt, Asian dollar bond issuance is predicted to increase by around 20% in 2025 compared to the previous year. According to LSEG statistics and term sheets examined by

California’s Food Stamp program, CalFresh, is a lifeline for many low-income individuals and families, offering vital resources to buy wholesome food. CalFresh benefits are disbursed by the California Department of Social Services using an Electronic Benefits Transfer (EBT) card accepted at farmers’ markets and supermarkets around the state. A recertification process must be finished by

Thanks to the most recent cost-of-living adjustment (COLA), the 2025 VA disability pay rates now include a verified 2.5% increase that will take effect on December 1, 2024. Veterans and their families will continue to receive equitable compensation for service-connected impairments thanks to these new rates, which provide individualized financial support. Veterans with a Spouse

This year and the following, Florida minimum wage workers will increase their wages to $15 per hour. The 2020 amendment that raised wages gradually—from $8.65 to $10 in 2021 and then by another dollar annually until they reach $15 per hour for non-tipped employees and $10.98 for tipped employees—is responsible for this. It’s a component