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Stock market today: Wall Street drifts on signals US economy remains solid, for now at least
NEW YORK (AP) — U.S. stock indexes edged lower Thursday following another reminder that big, unsettling policy changes are underway because of President Donald Trump, along with more signals suggesting the U.S. economy remains solid for now. The S&P 500 slipped 0.2% after flipping between modest gains and losses through the day. The Dow Jones Industrial Average dipped […]
Furniture manufacturer shuts down Canadian operations, moves production to N.Carolina
DELTA, British Columbia — Canadian ready-to-assemble furniture supplier Prepac has reportedly shut down its manufacturing operations in Delta, British Columbia, shifting all production to its facility in North Carolina instead. According to Unifor, the union that represents Prepac’s workers, tariffs are to blame. More than 170 workers will be laid off. “Our union has been […]
US trade war could raise prices, economists say
Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau managed to separately negotiate a monthlong pause on Monday with U.S. President Donald J. Trump on a trade war that was scheduled to begin on midnight Tuesday. However, as of late Monday afternoon, the Trump administration was still prepared to impose a 10% tariff on […]
