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…
Though Canada’s election began in earnest only late last month, public opinion polls have captured a gripping political narrative that has been unfolding since the start of the year. Between President Trump’s trade war, his threats of annexation and the resignation of Canada’s last prime minister, a lot happened in the run-up to this race…
Two main architects of protests that gridlocked Canada’s capital for weeks were found guilty on Thursday in one of the last legal cases stemming from the demonstrations that convulsed the country and disrupted billions of dollars in trade with the United States. A judge convicted the protest’s top organizers, Tamara Lich and Chris Barber, in…
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…
[Listen to “The Daily”: Elbows Up: Canada’s Response to Trump’s Trade War] What’s next: Mr. Ford, along with Dominic LeBlanc, the new international trade minister, and François-Philippe Champagne, the new finance minister, met with their counterparts in Washington: Howard Lutnick, the U.S. commerce secretary, and Jamieson Greer, the U.S. trade representative. The message they received,…
With a trade war brewing, President Trump gave the Mexican president a sign of grudging respect: “You’re tough,” he told her in a phone call last month, according to four people with knowledge of the exchange. By their most recent conversation, the two leaders were trading compliments and carving out a reprieve from some tariffs…