Economy, Law & Politics

NEW YORK (AP) — U.S. stocks are rallying after financial markets worldwide got a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from the biggest U.S. banks are also helping send indexes higher.

OTTAWA — Canada's premiers are set to meet with Prime Minister Justin Trudeau and members of his cabinet today to talk about U.S. president-elect Donald Trump's vow to impose steep tariffs.

Amir-Atae Taeb is charged with fraud over $5,000 in connection with Olympia Trust Company incidents.

OTTAWA — The federal Liberals are running their first leadership race in more than a decade to replace the departing Justin Trudeau. Candidates must declare by Jan. 23 and pay a $350,000 fee to enter the race. The winner will be named on March 9.

OTTAWA — The decision Tuesday by a third Liberal cabinet minister from Quebec not to seek the Liberal leadership is casting a spotlight on the party's ability to organize support in a province that has long been crucial to its electoral success.

Ontario Premier Doug Ford said Tuesday he's now convinced the federal government has a "phenomenal" plan to secure the Canada-U. S. border in response to Donald Trump's tariff threat — although he didn't offer up any details of that plan.

Plaintiff argued company should have warned guests about impacts of strike, which ended last week

TORONTO — Canada's main stock index rose Tuesday, while U.S. markets were mixed after a bumpy day of trading that nevertheless saw most stocks rise even as a few big names dragged. The S&P/TSX composite index closed up 52.26 points at 24,588.58.

NEW YORK (AP) — Most U.S. stocks rose following an encouraging update on inflation, but drops for Eli Lilly and some other influential stocks kept indexes in check. The S&P 500 edged up 0.