National Business

WASHINGTON (AP) — Chair Jerome Powell reinforced his belief Wednesday that the Federal Reserve will cut its key interest rate this year but said it first wants to see more evidence that inflation is falling sustainably back to the Fed’s 2% target.

WASHINGTON (AP) — The U.S.

DUBAI, United Arab Emirates (AP) — A missile attack by Yemen's Houthi rebels on a commercial ship in the Gulf of Aden killed two of its crew members and forced survivors to abandon the vessel on Wednesday, authorities said, the first fatal strike in

CAIRO (AP) — Egypt on Wednesday floated its currency and announced a deal with the International Monetary Fund to increase its bailout loan from $3 billion to $8 billion, moving to shore up an economy hit by a staggering shortage of foreign currency

WASHINGTON (AP) — U.S. job openings barely changed in January but remained elevated, suggesting that the American job market remains healthy. The Labor Department reported Wednesday that U.S. employers posted 8.

OTTAWA — The Bank of Canada kept its key interest rate target on hold at five per cent on Wednesday.

NEW YORK (AP) — Stocks are recovering much of their sharp losses from the day before, which was Wall Street’s worst in three weeks. The S&P 500 was 0.7% higher early Wednesday. The Dow rose 240 points, and the Nasdaq composite was 1% higher.

SASKATOON — The Canada Infrastructure Bank has signed a $100-million deal with the First Nations Bank of Canada to help Indigenous communities borrow money to build infrastructure.

LONDON (AP) — British Treasury chief Jeremy Hunt is seeking to bolster spirits within his Conservative Party ranks with a series of tax cuts that he hopes can turn the political dial ahead of a general election this year.

As a young girl, Shania Twain says she used to make her own dolls, modelled after Barbie. Her family couldn't afford to buy her the real deal, Twain says, so she took matters into her own hands.