Family of Tyre Nichols pleads for calm as U.S. confronts ‘horrifying’ video evidence

Family of Tyre Nichols pleads for calm as U.S. confronts ‘horrifying’ video evidence

Note: This article contains graphic descriptions, photos and videos that may be disturbing to some viewers. WASHINGTON – The grieving family of Tire Nichols called for calm across the United States on Friday as a country racked by racial and cultural divisions witnessed for itself visceral new video evidence of another young Black man enduring … Read more

Music, exercise, gray hair: Pandemic practices that live on

Music, exercise, gray hair: Pandemic practices that live on

NEW YORK (AP) — Dusting off old musical instruments, appreciating the outdoors more meaningfully, dumping the hair dye and letting the gray fly forever. The pandemic disrupted our traditions, practices and pursuits, how we mark milestones, what we do with our time, what’s important in routines. It replaced old with new, a kind of new … Read more

Canadian dollar slides 1% as economic data spooks Wall Street

Canadian dollar slides 1% as economic data spooks Wall Street

The Canadian dollar CADUSD weakened to a six-day low against its US counterpart on Monday, as investors worried that signs of US economic resilience would extend the length of the Federal Reserve’s campaign to raise interest rates. The loonie was trading 1% lower at 1.3601 to the greenback, or 73.52 US cents, its weakest level … Read more

Canadian dollar gives back weekly gain as bond yields rebound

Canadian dollar gives back weekly gain as bond yields rebound

The Canadian dollar CADUSD weakened against its US counterpart on Friday, with the currency giving back its gains from earlier in the week as global bond yields rebounded and investors eyed Black Friday sales for clues on the health of the US economy. The loonie was trading 0.4 per cent lower at 1.3390 to the … Read more

Canadian dollar steadies as investors cheer U.S. Federal Reserve’s dovish signal

Canadian dollar steadies as investors cheer U.S. Federal Reserve’s dovish signal

The Canadian dollar CADUSD was little changed against its broadly weaker US counterpart on Thursday as lower oil prices offset a dovish signal on the pace of interest rate hikes from the US Federal Reserve. World shares touched a two-month high and the US dollar swooped towards a three-month low against a basket of major … Read more

Montreal businessman Alvin Segal introduced the ‘engineered suit’ to Canada

Montreal businessman Alvin Segal introduced the ‘engineered suit’ to Canada

Alvin Segal in the Peerless Clothing factory in Montreal. Mr. Segal introduced what he called the ‘engineered suit’ to Canada, mimicking European manufacturers.Courtesy of Peerless Clothing It was 1951 and Alvin Segal was finishing high school in Montreal a few years after moving to the city with his widowed mother and two sisters from New … Read more

Canadian dollar hits 11-day low as greenback notches broadbased gains

Canadian dollar hits 11-day low as greenback notches broadbased gains

The Canadian CADUSD dollar weakened to its lowest level in 11 days against its US counterpart on Monday as rising COVID-19 cases in China weighed on investor sentiment and speculation that OPEC would increase output led to volatility in the price of oil. The loonie was trading 0.4% lower at 1.3440 to the greenback, or … Read more

Canadian dollar rises as October flash economic estimates show gains

Canadian dollar rises as October flash economic estimates show gains

The Canadian dollar CADUSD rose against its US counterpart on Tuesday as investor risk appetite picked up and preliminary domestic data showed retail sales climbing in October, while investors awaited comments by a senior Bank of Canada policy-maker. Canadian retail sales fell by 0.5 per cent in September from August, matching estimates, weighted by lower … Read more

Hope for U.S. Federal Reserve pivot help Canadian dollar extend weekly gain

Hope for U.S. Federal Reserve pivot help Canadian dollar extend weekly gain

The Canadian dollar CADUSD strengthened against its US counterpart on Friday, adding to this week’s gains, after suspected Bank of Japan intervention and as investors weighed prospects of the US Federal Reserve dialing back the pace of interest rate hikes. The Canadian dollar was up 0.7% at 1.3670 to the greenback, or 73.15 US cents, … Read more

Canadian dollar pares decline as hot inflation bolsters rate hike bets

Canadian dollar pares decline as hot inflation bolsters rate hike bets

The Canadian dollar CADUSD weakened against its US counterpart on Wednesday as investor sentiment soured, but the currency’s decline was capped as hot domestic inflation data led to raised bets on another jumbo interest rate hike by the Bank of Canada. Canada’s annual inflation rate inched down to 6.9 per cent in September, Statistics Canada … Read more