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US and China extend trade truce another 90 days, easing tension between world's largest economies

US and China extend trade truce another 90 days, easing tension between world's largest economies

WASHINGTON (AP) — President Donald Trump extended a trade truce with China for another 90 days Monday, at least delaying once again a dangerous showdown between the world’s two biggest economies.
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Australia's central bank cuts interest rate for third time this year to 3.6%

Australia's central bank cuts interest rate for third time this year to 3.6%

MELBOURNE, Australia (AP) — Australia’s central bank on Tuesday reduced its benchmark interest rate by a quarter percentage point for a third time this year to 3.6%, with inflation tamed and economic growth stalling.
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Explosion at US Steel plant in Pennsylvania leaves 2 dead, 10 injured

Explosion at US Steel plant in Pennsylvania leaves 2 dead, 10 injured

CLAIRTON, Pa. (AP) — An explosion at a U.S. Steel plant near Pittsburgh left two dead and sent at least 10 to hospitals Monday and heavily damaged the sprawling facility, officials said.
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B.C. court squelches Vancouver bylaw that forced ride-hailing firms to pay fees

B.C. court squelches Vancouver bylaw that forced ride-hailing firms to pay fees

VANCOUVER — The B.C. Supreme Court has invalidated a bylaw passed by the City of Vancouver that imposed a fee on ride-hailing companies working on city streets during peak hours.
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New federal entity to prioritize Canadian-made, affordable housing projects

New federal entity to prioritize Canadian-made, affordable housing projects

OTTAWA — Prime Minister Mark Carney's promised new entity to spur massive amounts of housing construction will prioritize the building of affordable housing and the use of Canadian materials, says a consultation document published by the government o
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S&P/TSX composite closes slightly higher, U.S. markets slip ahead of inflation data

S&P/TSX composite closes slightly higher, U.S. markets slip ahead of inflation data

TORONTO — Strength in consumer cyclical stocks helped Canada's main stock index finish slightly higher on Monday, while U.S. markets lost ground as investors await U.S. inflation data. The S&P/TSX composite index was up 16.55 points at 27,775.23.
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Air Canada flight attendants picket at 4 major airports as bargaining continues

Air Canada flight attendants picket at 4 major airports as bargaining continues

TORONTO — Air Canada flight attendants gathered for simultaneous demonstrations outside airports in some major Canadian cities Monday as the clock ticked down toward a possible strike that could begin as soon as this weekend.
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Planning to fly Air Canada? What you need to know about a potential strike looming

Planning to fly Air Canada? What you need to know about a potential strike looming

A potential strike looms as contract talks carry on between Air Canada and the union representing 10,000 of its flight attendants. The outcome of negotiations this week could be critical for summer travellers worried about their upcoming flights.
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US stocks slip as Wall Street braces for an update on inflation

US stocks slip as Wall Street braces for an update on inflation

NEW YORK (AP) — U.S. stocks slipped below their record heights as Wall Street waits for an upcoming update on inflation. The S&P 500 fell 0.2% Monday and is just below its all-time high set two weeks ago.
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Ottawa Senators, NCC finalize land deal for new arena at LeBreton Flats

Ottawa Senators, NCC finalize land deal for new arena at LeBreton Flats

OTTAWA — The Ottawa Senators are one step closer to having a new arena in the city's downtown core. The Senators and the National Capital Commission have agreed on the sale of 4.5 hectares (11 acres) of land at LeBreton Flats for the project.
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