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Most US stocks slump, but Nvidia nudges Nasdaq to another record

Most US stocks slump, but Nvidia nudges Nasdaq to another record

NEW YORK (AP) — Most U.S. stocks fell after an update on inflation hurt Wall Street’s hopes for lower interest rates. The S&P 500 fell 0.4% Tuesday, and the Dow Jones Industrial Average lost 1%.
Looking to AI for a financial plan? Take it more as guidance than gospel, experts say

Looking to AI for a financial plan? Take it more as guidance than gospel, experts say

As Canadians increasingly turn to AI chatbots for help with everyday tasks like meal planning, workout routines and even mapping out vacation itineraries, some are also using it to help manage their money.
The tariff-driven inflation that economists feared begins to emerge

The tariff-driven inflation that economists feared begins to emerge

WASHINGTON (AP) — Inflation rose last month to its highest level since February as President Donald Trump's sweeping tariffs push up the cost of everything from groceries and clothes to furniture and appliances. Consumer prices rose 2.
CRTC to look into improving Canada’s public alerting system in new consultation

CRTC to look into improving Canada’s public alerting system in new consultation

GATINEAU — Canada's telecommunications regulator is launching a consultation aimed at improving the national public alerting system that is used to warn Canadians about emergency situations such as severe weather and other concerns to public safety.
Rogers launches satellite-to-mobile text messaging beta trial

Rogers launches satellite-to-mobile text messaging beta trial

TORONTO — Rogers Communications Inc.
Porter signs sale-leaseback deal for four Embraer jets with Fortress and GOAL

Porter signs sale-leaseback deal for four Embraer jets with Fortress and GOAL

TORONTO — Porter Airlines has signed a sale-and-leaseback agreement for four Embraer E195-E2 aircraft.
Manufacturers report less tariff impact in May compared to April: StatCan

Manufacturers report less tariff impact in May compared to April: StatCan

OTTAWA — Statistics Canada says fewer manufacturers report being affected by tariffs in May than in April. The agency says total manufacturing sales were down 0.9 per cent to $68.7 billion in May, marking the lowest level since January 2022.
Iraqi oil field on fire after drone strike during attacks in Kurdish region

Iraqi oil field on fire after drone strike during attacks in Kurdish region

BAGHDAD (AP) — An oil field in Iraq 's Dohuk province was set ablaze Tuesday after being struck by a drone. It is the latest in a series of similar attacks launched recently against oil facilities in northern Iraq's semi-autonomous Kurdish region .
After meeting with Trump, Nvidia CEO says the sale of AI chip is back on in China

After meeting with Trump, Nvidia CEO says the sale of AI chip is back on in China

BANGKOK (AP) — Nvidia’s CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China.
China's economy grows at a robust pace as trade truce eases pressure from US tariffs

China's economy grows at a robust pace as trade truce eases pressure from US tariffs

BANGKOK (AP) — China's economy slowed slightly in the last quarter as President Donald Trump’s trade war escalated, but it still expanded at a robust 5.2% pace, the government said Tuesday. That compares with 5.4% annual growth in January-March.