Cs news

Democratic oversight measures for NI Brexit rules are ‘insufficient’, peers find

Democratic oversight measures for NI Brexit rules are ‘insufficient’, peers find

A House of Lords committee said the measures were “insufficient” and called for “urgent action” from the Government to address the concerns. The Northern Ireland Scrutiny Committee examined the scrutiny and engagement arrangements included in the Windsor Framework – the joint EU/UK accord that sets out post-Brexit rules for Northern Ireland. Peers examined the effectiveness…

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Subprime Auto Lender Collapse Is a Warning, Says Dimon

Subprime Auto Lender Collapse Is a Warning, Says Dimon

The recent collapse of subprime auto-lenders Tricolor Holdings and debt-heavy auto-parts company First Brands has raised questions about the health of the credit market. JPMorgan’s CEO Jamie Dimon voiced caution over the high-profile crack-ups, saying his “antenna” is up. “When you see one cockroach, there’s probably more,” Dimon said on the bank’s third-quarter earnings call…

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Furniture tariffs take effect as consumers and businesses share costs

Furniture tariffs take effect as consumers and businesses share costs

The Trump administration’s new tariffs on imported furniture, kitchen cabinets and other housewares, along with lumber, took effect Tuesday, added costs that economists say could push up prices for consumers.  Mr. Trump announced the trade measures on Sept. 29, saying the levies are intended to prevent such products manufactured abroad from “flooding” the U.S. “It…

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Is the end looming for Canada’s border pre-clearance program with the United States?

Is the end looming for Canada’s border pre-clearance program with the United States?

At a testy meeting in Banff recently, the American ambassador to Canada, Pete Hoekstra, mused about the future of pre-clearance in Canada. Cross-border travel numbers are down, he complained, which makes the cost of the program less appealing to Americans. Hoekstra’s comments came across as a threat — almost a demand that Canadians resume travelling…

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