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Economy, Law & Politics

Federal Reserve signals end to inflation fight with a sizable half-point rate cut

Federal Reserve signals end to inflation fight with a sizable half-point rate cut

WASHINGTON (AP) — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for A
Some BC NDP voters considering a switch political leanings as priorities shift, says poll

Some BC NDP voters considering a switch political leanings as priorities shift, says poll

Provincial race continues to tighten at the top, as voters veer towards lower taxes, greater public safety and economic growth, says B.C. Chamber of Commerce
New finance model needed to build B.C. health care projects, local politicians say

New finance model needed to build B.C. health care projects, local politicians say

UBCM delegates ask Victoria to acknowledge relying on civic property taxes to build hospitals is unsustainable
B.C. CFO suspended after being charged with sharing non-public information

B.C. CFO suspended after being charged with sharing non-public information

Westhaven Gold has suspended Shaun Pollard pending outcome of charges
Canada has become 'playground' for foreign interference, Tory MP Chong tells inquiry

Canada has become 'playground' for foreign interference, Tory MP Chong tells inquiry

OTTAWA — A Conservative MP who was targeted by Beijing told a federal inquiry Wednesday that Canada has become "a playground" for foreign interference.
B.C. commission fines illegal Caymen Islands-based crypto exchange $500K

B.C. commission fines illegal Caymen Islands-based crypto exchange $500K

Decision provides another example of how provincial commissions attempting to regulate crypto exchanges
Bloc Québécois won't support Pierre Poilievre's non-confidence motion

Bloc Québécois won't support Pierre Poilievre's non-confidence motion

OTTAWA — The Bloc Québécois is ruling out the possibility that Canadians will be plunged into an early election next week, signalling Wednesday their intention to vote against a Conservative motion of non-confidence in the government.
Union workers stage lunchtime rally by Coquitlam auto facility

Union workers stage lunchtime rally by Coquitlam auto facility

The 36 members with the United Steelworks Workers’ Local 2009 stood outside the Uni-Select, Bumper to Bumper, auto parts distribution centre on Glacier Street today, Sept. 18, 2024, to demand “fair wages” from the employer.
Nurse-patient ratios at B.C. hospitals set to expand in fall, says health minister

Nurse-patient ratios at B.C. hospitals set to expand in fall, says health minister

VANCOUVER — British Columbia Health Minister Adrian Dix says minimum nurse-to-patient ratios meant to improve care and strengthen the health-care system have now been established for most hospital settings.
Stock market today: Most of Wall Street edges lower after Fed delivers a big cut to rates

Stock market today: Most of Wall Street edges lower after Fed delivers a big cut to rates

NEW YORK (AP) — U.S. stock indexes edged lower Wednesday after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates. The S&P 500 slipped 0.3% to pull 0.