Business

Canada strikes back at US with retaliatory tariffs as trade war escalates

TORONTO (AP) — Canada struck back at the United States on Tuesday with retaliatory tariffs on about $20 billion worth of American goods, including steel, dairy products, appliances and farm equipment, as the trade war between the once-friendly neighbors escalated sharply. The confrontation ...

Mexican ranchers prepare to resume livestock sales to US

HERMOSILLO, Mexico (AP) — At daybreak, rancher Martín Alfonso Ibarra takes advantage of the cooler hours in northern Mexico's desert to oversee the milking of his cows and tend to 16 prized calves. Soon, he hopes, they will be headed north to the United States as a yearlong ban on Mexican ...

US stocks rise, even as the bond market applies more pressure

NEW YORK (AP) — U.S. stocks rose Friday and trimmed their losses from a shaky week. That was even though the bond market, which has been the center of Wall Street's action, remained jumpy and continued to add pressure. The S&P 500 rose 0.4% for just its second gain in the six days since ...

US unemployment claims dropped to 206,000 last week with layoffs still sparse

WASHINGTON (AP) — Fewer people applied for U.S. unemployment benefits last week, another sign that layoffs remain low and that most Americans enjoy job security. The Labor Department reported Thursday that jobless claims dropped to 206,000 last week from a revised 212,000 the week before. ...