Tag: Economy
U.S. Supreme Court denies request to quickly hear Trump tariff challenge
The Supreme Court denied a request by one of the plaintiffs in the case to expedite a review of the dispute while a lower court considers the Trump administration's appeal.
Americans say transportation costs are getting harder to afford
America's affordability crisis is getting worse. Average Americans are struggling to afford rent, groceries and transportation. Elise Preston reports on the economic struggle many face to even leave their home.
What are the stakes in Strait of Hormuz if Iran-Israel conflict worsens?
Tensions are flaring up in the Middle-East and there are already knock-on effects impacting economies globally, including with higher prices for gasoline at the pumps.
G7 leaders agree on AI adoption, critical minerals, but not Ukraine
The seven world leaders wrapped up their summit in Alberta Tuesday without a unified communique on shared views, which has been the standard after past gatherings.
G7 leaders ‘vigilant’ for energy impacts from Iran-Israel conflict
In the statement, the G7 leaders said they affirm Israel has a right to defend itself and reiterated their support for the country.
Sikh separatists stage Calgary protest against Indian prime minister’s visit to G7
It was another day of protests in Calgary as world leaders attended the G7 summit in nearby Kananaskis, with the biggest crowd made up of about 30 Sikh separatists.
Why have gas prices gone up recently, and will they keep climbing?
Prices have spiked in recent weeks for crude oil, as well as fuels like gasoline at pumps, and although tensions in the Middle East are a big factor, there is more to the equation.
Hundreds of protesters rally in downtown Calgary ahead of G7 summit
As world leaders attending the G7 summit in Kananaskis began to arrive, hundreds of protesters gathered in downtown Calgary on Sunday, hoping to send a message.
Oil prices leap amid worries about crude market due to Middle East conflict
Fears of a wider Middle East conflict sent oil prices higher and global stock markets lower on Friday morning, following Israel's overnight attacks on Iran.
Protests at G7 summit in Alberta set to be largely peaceful, targeting Trump policies
Canadian researchers say the protests expected to take place during the upcoming G7 summit in Kananaskis, Alta. are likely to be much more peaceful than recent protests in the U.S.
Why are people having fewer children? ‘Financial limitations’ a top barrier
A new report is shedding light on why birth rates are falling around the world and suggests it's not from people choosing to have fewer children.
US depends on Canadian oil, despite Trump’s comments, Cenovus CEO says
The CEO of Cenovus Energy said the economies of Canada and the U.S. are inextricably linked, despite President Trump's claims the U.S. doesn't need to import anything from Canada.
OPEC secretary-general takes aim at net-zero targets calling them ‘detached from reality’
The Secretary General of OPEC told the Global Energy Show in Calgary that energy demand is expected to increase by 24 per cent by the year 2050.
World Bank lowers global growth forecast, citing trade war ‘turbulence’
Citing 'trade barriers,' the World Bank downgraded the global economic growth forecast to 2.3 per cent this year from 2.8 in 2024, with the U.S. expanding 1.4 per cent.
Kudlow says China is bearing the brunt of escalating trade war
Larry Kudlow, director of the White House's National Economic Council, joins Margaret Brennan to discuss the ongoing trade war with China.