Open this photo in gallery: Financial news plays in the background as traders work on the floor of the New York Stock Exchange during morning trading, on April 21, in New York City.Michael M. Santiago/Getty Images U.S. President Donald Trump roiled markets by reigniting his public tirade against Federal Reserve chair Jerome Powell, sending everything…
John Rapley is a contributing columnist for The Globe and Mail. He is an author and academic whose books include Why Empires Fall and Twilight of the Money Gods. Open this photo in gallery: Traders work on the floor of the New York Stock Exchange, on April 17.Richard Drew/The Associated Press Following the wild gyrations…
Back in 2008, the stock markets welcomed young investors of the millennial generation with a peak-to-trough decline of close to 50 per cent. Lessons about the downside of stocks came regularly after that. The S&P/TSX composite index lost money in 2011, 2015, 2018 and 2022. Obscured by a quick rebound was the 37-per-cent peak-to-trough fall…
Open this photo in gallery: Employees work on a production line of caps that will be exported to the United States at a factory in Suqian, in eastern China’s Jiangsu province on April 7.STR/Getty Images Countries around the world scrambled to contain the fallout of U.S. tariffs on Monday as Donald Trump threatened higher levies…
Open this photo in gallery: U.S. President Donald Trump walks though the Hall of Nations during a tour at the John F. Kennedy Center for the Performing Arts where he also lead a board meeting on March 17, in Washington, DC.Chip Somodevilla/Getty Images Dimitry Anastakis is the Wilson-Currie Chair in Canadian Business History at the…
Open this photo in gallery: Chinese President Xi Jinping speaks during an international business meeting at The Great Hall Of The People, in Beijing, on March 28.Pool/Getty Images China’s President Xi Jinping urged a gathering of multinational CEOs on Friday to protect global industry and supply chains, as Beijing seeks to assuage foreign firms’ concerns…
By David Ljunggren OTTAWA (Reuters) -Canada will soon respond to new tariffs on imported vehicles announced by U.S. President Donald Trump and could impose retaliatory measures against the United States, Prime Minister Mark Carney said on Wednesday. Carney said Trump’s move was “a direct attack” and told reporters he would be convening a high-level cabinet…
Justin Trudeau met with new Liberal leader and prime minister-designate Mark Carney on Monday to start the transition of power after Carney’s landslide win at the Sunday party election. After the meeting Carney told reporters on Parliament Hill that the transition is expected to be “seamless” and “quick.” Meanwhile Trudeau has started the process to…
Open this photo in gallery: Liverpool’s Harvey Elliott scores the opening goal during the Champions League round of 16 first leg soccer match between Paris Saint-Germain and Liverpool at the Parc des Princes in Paris ON March 5, 2025.Aurelien Morissard/The Associated Press Harvey Elliott scored less than a minute after coming on as a late…
I recently read The Anxious Generation, a book by social psychologist Jonathan Haidt about the negative effects of smartphones and social media on teenagers, primarily young girls. There’s already plenty to be anxious about as a parent, from your kids’ health and well-being to the impact of a potential trade war on the economy and…