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Economy, Law & Politics

Tech stocks shake as a Chinese competitor threatens to topple their AI domination; Nvidia down 14%

Tech stocks shake as a Chinese competitor threatens to topple their AI domination; Nvidia down 14%

NEW YORK (AP) — Wall Street’s superstars are tumbling Monday as a competitor from China threatens to upend the artificial-intelligence frenzy that’s created a spending bonanza. The S&P 500 was down 1.
Rob Shaw: BC NDP left tiptoeing as Vancouver mayor redraws DTES playbook

Rob Shaw: BC NDP left tiptoeing as Vancouver mayor redraws DTES playbook

With little to show for its own promises, provincial government is treading lightly on Ken Sim’s Downtown Eastside strategy
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Metro results Metro Inc. is expected to release its first-quarter results on Tuesday and hold its annual meeting of shareholders.
Canada and U.S. stock markets slide in early trading as tech stocks fall

Canada and U.S. stock markets slide in early trading as tech stocks fall

TORONTO — Stock markets in Canada and the U.S. fell in early trading as technology stocks tumbled after Chinese artificial intelligence startup DeepSeek demonstrated a chatbot that it says rivals the top U.S. versions for a fraction of the cost.
Economists expecting sixth straight — but more modest — rate cut from Bank of Canada

Economists expecting sixth straight — but more modest — rate cut from Bank of Canada

TORONTO — Economic forecasts suggest the Bank of Canada will likely lower its key policy rate by a quarter of a percentage point on Wednesday in light of recent inflation and jobs data, bringing it down to three per cent.
Former trade rep says Alberta undermined Canada as Trump warns of failed-state status

Former trade rep says Alberta undermined Canada as Trump warns of failed-state status

OTTAWA — Ottawa's former chief trade negotiator Steve Verheul says Alberta is undermining Canada's attempts to prevent the U.S. from levying damaging tariffs — a measure U.S.
Dix in Delta to talk about US tariffs, BC food security

Dix in Delta to talk about US tariffs, BC food security

It’s more important than ever to support BC producers and build out capacity wherever possible, said Dix
Metro Vancouver director blasts media amid budget talks

Metro Vancouver director blasts media amid budget talks

A special Metro Vancouver meeting lasting three hours produced more back and forth discussion and direction to staff to examine the impact of cutting certain services.
Tech stocks help S&P/TSX composite climb as Trump tariff threats fail to shake market

Tech stocks help S&P/TSX composite climb as Trump tariff threats fail to shake market

TORONTO — Canada’s main stock index continued to climb Friday amid tech and financial gains, extending a nearly two-week run as markets bank on averting trauma from tariffs threatened by President Donald Trump.
Stock market today: Wall Street edges back from its record

Stock market today: Wall Street edges back from its record

NEW YORK (AP) — U.S. stocks edged back from their all-time high as they closed out a second straight winning week. The S&P 500 fell 0.3% on Friday, a day after setting a record. The Dow Jones Industrial Average dropped 0.
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