Breaking News

Canada and US close to trade deal to avoid tariffs

WASHINGTON (AP) — Canada and the United States moved closer Wednesday to finalizing a trade agreement that would avert threatened 50% U.S. tariffs, with a senior Canadian official calling the emerging terms “a very good deal for Canada” while cautioning that negotiations were not ...

Bond market worries knock US stocks lower

NEW YORK (AP) — The relief that swept the bond market just a day earlier disappeared on Thursday as oil prices, worries about high inflation and the U.S. government's debt kept rising. That helped knock the U.S. stock market to its worst day in three weeks, and Walmart led the way on concerns about its upcoming profits. The S&P 500 fell 0.9% for its fourth loss in the five days since setting its all-time high last week. The Dow Jones Industrial Average dropped 703 points, or 1.3%, and the Nasdaq composite sank 1%. The bond market remains the center of the action after yields ...

Amazon to expand drone delivery of lightweight packages

Millions more people may be able to get smaller, lightweight Amazon packages delivered by drones by the end of the year under a plan the company announced Wednesday to expand the airborne shipping to suburban areas in nearly 500 U.S. cities. Customers could receive the drone deliveries in ...