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14 result(s) for “United States”

Business News · Oct 29, 2026

Bank of Canada raises policy rate to 2.5 percent, signalling tighter costs for businesses and households

The Bank of Canada increased its overnight policy rate by 25 basis points to 2.5 percent on October 28, 2026, its first hike since 2023. The central bank cited stronger inflationary pressures driven by higher energy prices and warned further increases could be necessary, a move that will raise borrowing costs for Canadian firms and households and reshape investment and mortgage decisions ahead.

Business News · Oct 12, 2026

Ottawa and Cleveland-Cliffs Head Toward Legal Showdown as Stelco Layoffs Begin

The federal government has given Cleveland-Cliffs five days to explain how it will meet employment commitments tied to its 2024 purchase of Stelco, after the U.S. owner pressed ahead with layoffs at the Hamilton steelworks. The company’s CEO said he is prepared to fight in court, raising the prospect of a high stakes legal and political battle over foreign investment commitments and Canadian industrial policy.

Chinese President Xi Jinping speaking at a state event in Washington, with delegates in the background
Technology & Innovation · Sep 26, 2026

Xi Jinping’s White House Message Reframes China’s AI Strategy as a Call for Shared Safety and Human Control

During his state visit to Washington this week, Chinese president Xi Jinping urged joint US China action to keep artificial intelligence under human control. The comments, issued as Chinese state media published his remarks on September 26, highlight Beijing’s push to shape global AI rules while advancing domestic industry and security priorities.