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U.S. stocks jump and the bond market swings to cap Wall Street’s chaotic and historic week

U.S. stocks jumped in another manic day on Wall Street, but the falling value of the U.S. dollar and other swings in financial markets suggest worries about U.S. President Donald Trump’s trade war remain high.

Canadian, U.S. markets close higher, capping off topsy turvy week

Canadian and U.S. stocks closed higher today, capping off a tumultuous week that saw nausea-inducing drops and spikes driven largely by tariff headlines out of the United States.

BMO defends climate efforts as investors push for more disclosure

The head of BMO defended the bank’s climate efforts as it faced shareholder resolutions at its annual general meeting that called for more clarity on its plans.

Hudson’s Bay sale now using protocol designed to handle insider bid: document

A new document circulated to lawyers involved in Hudson’s Bay’s creditor protection case is raising suspicion that a company insider may be exploring a bid for the retailer’s assets or leases.

Freak sell-off of ‘safe haven’ U.S. bonds has Wall Street rattled

The upheaval in stocks has been grabbing all the headlines, but there is a bigger problem looming in another corner of the financial markets that rarely gets headlines: Investors are dumping U.S. government bonds.

China hits back at U.S. and will raise tariffs on American goods from 84% to 125%

China announced Friday that it will raise tariffs on U.S. goods from 84 per cent to 125 per cent, the latest salvo in an escalating trade war between the world’s two largest economies that has rattled markets and raised fears of a global slowdown.

In response to U.S. tariffs, New Brunswick looking at selling government-owned Teslas

The New Brunswick government says it plans to sell the 11 Teslas it owns, in response to United States tariffs and the prominent role that the carmaker’s CEO plays in the Donald Trump administration.

‘It’s very grim’: Duty-free shops see sales plummet as travellers shun U.S.

A group of duty-free shop owners says sales are plunging as Canadian travellers steer clear of the U.S. amid anger over tariffs and annexation threats.

Corus Entertainment sees potential ad revenue bump from ‘buy Canadian’ trend

Corus Entertainment Inc. reported a loss in its second quarter as its revenue fell 10 per cent compared with a year ago.

MTY Food Group reports Q1 profit down on foreign exchange losses, revenue up

MTY Food Group Inc. reported its first-quarter profit fell compared with a year ago as it was hit by foreign exchange losses taken primarily on intercompany loans.

Publishers Clearing House, known for its ‘Prize Patrol’ sweepstakes, files for bankruptcy

Publishers Clearing House, a decades-old company known for doling out large “Prize Patrol” checks, has filed for Chapter 11 bankruptcy protection.

Investors in high anxiety mode after painful week

Trillions of dollars in market prices alternately have been wiped off and added back to portfolios, leading to high anxiety among investors.

Tesla launches in Saudi Arabia with its first showroom and service center in Riyadh

Tesla officially launched in Saudi Arabia on Thursday, marking a new chapter in the company’s global expansion after Elon Musk ’s troubled relationship with the kingdom — but the Middle East country’s extreme heat could pose a challenge for its electric vehicle performance and battery efficiency.

Tariffs could spell end of the line for some smaller Canadian food makers: experts

As tariffs on Canadian goods and retaliatory levies filter through supply chains, industry insiders say some smaller Canadian food manufacturers may not be able to weather the storm much longer.

As Trump alienates allies with U.S. tariffs, China is poised to exploit the gaps

As U.S. President Donald Trump tries to turn his global trade war into a one-on-one showdown with China, he is finding that he has alienated some key U.S. partners who could boost America’s position in a fight between the world’s largest and second-largest economies.