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The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signalled that it expects to reduce rates next year more slowly than previously thought, with inflation still well above the central bank’s two per cent target. CBC | World News
Read More »Tag Archives: U.S.
U.S. Supreme Court agrees to hear TikTok bid to halt ban
The U.S. Supreme Court decided on Wednesday to hear a bid by TikTok and its China-based parent company ByteDance to block a law intended to force the sale of the short-video app by Jan. 19 or face a ban on national security grounds. CBC | World News
Read More »TikTok asks U.S. Supreme Court for emergency order to block upcoming ban
TikTok on Monday asked the U.S. Supreme Court to step in on an emergency basis to block the federal law that would ban the popular platform in the United States unless its China-based parent company agreed to sell it. CBC | World News
Read More »SoftBank to make $100B US investment in the U.S., Trump announces with CEO by his side
U.S. president-elect Donald Trump, with SoftBank Group CEO Masayoshi Son at his side, announced on Monday that Tokyo-based SoftBank would invest $ 100 billion US in the country over the next four years in what they said would be a boost to its economy. CBC | World News
Read More »New program means U.S. golfers will now be paid to play in Ryder Cup
Americans will be paid to play in the Ryder Cup for the first time under a PGA of America program that gives each player a $ 200,000 US stipend and $ 300,000 to distribute to charity. CBC | Sports News
Read More »U.S. defeats Canada to win Para Cup gold medal
Josh Pauls scored twice and the powerhouse United States scored three unanswered goals in the third period to defeat Canada 4-1 on Saturday in the Para Cup hockey tournament’s gold-medal game at Bell Aliant Centre in Charlottetown. CBC | Sports News
Read More »Former U.S. House Speaker Nancy Pelosi undergoes hip replacement after injury
Former U.S. House of Representatives Speaker Nancy Pelosi underwent a successful hip replacement surgery in Luxembourg and is “well on the mend,” her office said in a statement. CBC | World News
Read More »U.S. appeals court denies TikTok’s request to halt sale order
A U.S. federal appeals court on Friday left in place a mid-January deadline for TikTok to be sold or face a ban in the United States, rejecting the company’s request for a delay until the Supreme Court reviews its challenge. CBC | World News
Read More »Former U.S. House speaker Nancy Pelosi injured after falling at an event in Luxembourg
Former House Speaker Nancy Pelosi has been hospitalized after she “sustained an injury” during an official engagement in Luxembourg, according to a spokesperson. CBC | World News
Read More »UnitedHealth CEO says he understands frustration at ‘patchwork’ U.S. system after exec’s killing
UnitedHealth Group CEO Andrew Witty mourned the killing of executive Brian Thompson and said he understood public frustrations with the “flawed” U.S. health-care system. CBC | World News
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