Skip to content

National Business

S&P/TSX composite rises Tuesday, U.S. stock markets also higher

S&P/TSX composite rises Tuesday, U.S. stock markets also higher

TORONTO — Canada's main stock index rose Tuesday, helped by gains in base metal stocks, while U.S. markets were also higher, holding onto the gains from Monday's rally as the next deadline for U.S. tariffs looms in just over a week.
Read more >
Stock market today: Wall Street drifts and Trump Media jumps despite souring moods for US consumers

Stock market today: Wall Street drifts and Trump Media jumps despite souring moods for US consumers

NEW YORK (AP) — Wall Street followed up one of its best days of the last year with a quiet performance. The S&P 500 rose 0.2% Tuesday after jumping 1.8% Monday on hopes that President Donald Trump’s tariffs may not be as sweeping as feared.
Read more >
Hudson's Bay is liquidating most of its stores. Here's what you need to know

Hudson's Bay is liquidating most of its stores. Here's what you need to know

Hudson's Bay has begun liquidating all but six of its stores after the company filed for creditor protection earlier this month.
Read more >
Trump downplays national security team texting military operation plan on Signal as a minor 'glitch'

Trump downplays national security team texting military operation plan on Signal as a minor 'glitch'

WASHINGTON (AP) — President Donald Trump on Tuesday downplayed the texting of sensitive plans for a military strike against Yemen's Houthis this month to a group chat that included a journalist, saying it was “the only glitch in two months” of his ad
Read more >
Consumer confidence is sliding as Americans' view of their financial futures slumps to a 12-year low

Consumer confidence is sliding as Americans' view of their financial futures slumps to a 12-year low

WASHINGTON (AP) — U.S. consumer confidence continued its sharp 2025 decline as Americans’ views about their financial futures slumped to a 12-year low, driven by rising anxiety over tariffs and inflation .
Read more >
Hudson's Bay likely to find lots of buyers for assets like leases, stripes: experts

Hudson's Bay likely to find lots of buyers for assets like leases, stripes: experts

Canada’s oldest company, which is on the brink of failure as it liquidates all but six stores and hunts for a way to stay alive, was scheduled to start seeking buyers for its most prized possessions this week.
Read more >
Trump downplays national security team texting military operation plan on Signal as a minor 'glitch'

Trump downplays national security team texting military operation plan on Signal as a minor 'glitch'

WASHINGTON (AP) — President Donald Trump on Tuesday downplayed the texting of sensitive plans for a military strike against Yemen's Houthis this month to a group chat that included a journalist, saying it was “the only glitch in two months” of his ad
Read more >
Small businesses prefer 'minor' adjustments over layoffs to deal with tariffs: poll

Small businesses prefer 'minor' adjustments over layoffs to deal with tariffs: poll

TORONTO — Small and medium business leaders say they could have to make minor adjustments to their operations in the short term to cope with widespread U.S. tariffs on Canadian goods, but more drastic measures may be needed later on.
Read more >
7-Eleven owner says Couche-Tard understates antitrust risk in takeover proposal

7-Eleven owner says Couche-Tard understates antitrust risk in takeover proposal

MONTREAL — The Japanese parent company of 7-Eleven says Alimentation Couche-Tard Inc. is understating the antitrust risk related to its takeover offer for the company. In a pair of documents, Seven & i Holdings Co. Ltd.
Read more >
Israeli legislators pass budget in a move that shores up Netanyahu's government

Israeli legislators pass budget in a move that shores up Netanyahu's government

TEL AVIV, Israel (AP) — Israel’s parliament on Tuesday passed a state budget, a move that shores up Prime Minister Benjamin Netanyahu’s governing coalition even as the embattled leader faces mounting public pressure over the war in Gaza and the hosta
Read more >