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Fed's Powell faces a puzzling crisis with no simple solution
WASHINGTON - Jerome Powell is confronting his stiffest test yet as head of the Federal Reserve in an atmosphere vastly altered from what his predecessors faced. It makes an uncertain situation even mo...
Mar 05, 2020

Asian stocks mixed after Wall Street sinks despite rate cut
BEIJING - Asian stock markets were mixed Wednesday after Wall Street sank despite an emergency U.S. interest cut aimed at defusing fears a virus outbreak might depress global economic activity. Benchm...
Mar 05, 2020

A record low on average 30-year fixed mortgage: 3.29%
WASHINGTON - The average rate on a 30-year fixed mortgage has hit a record low of 3.29%, driven down by investors shifting money into the safety of U.S. Treasurys as the viral outbreak deepens. Mortga...
Mar 05, 2020

Coronavirus fears prompt new federal warning against travel to Iran
OTTAWA - The federal government is now warning against all travel to Iran over concerns about the novel coronavirus. Global Affairs Canada posted a new alert this morning, upgrading an advisory agains...
Mar 05, 2020

Former UAW President Gary Jones charged with corruption
DETROIT - Federal prosecutors on Thursday charged the former president of the United Auto Workers with corruption, alleging he conspired with others at the union to embezzle more than $1 million. Gary...
Mar 05, 2020

PM promises resources for provinces fighting novel coronavirus
HALIFAX - Prime Minister Justin Trudeau says provincial health authorities won't be alone in their fight against the novel coronavirus because the federal government will ensure they have the resource...
Mar 05, 2020

Global markets slide again on enduring concern over virus
NEW YORK - And back down goes the U.S. stock market. The S&P 500 sank more than 2% in early trading Thursday as the market swung back to fear about the effects of a fast-spreading virus in its lat...
Mar 05, 2020

U of L track and field athletes competing at U SPORTS Championships
LETHBRIDGE, AB - University of Lethbridge Pronghorns track & field athletes are in Edmonton.They're competing in the U SPORTS Championships today (Thursday, March 5) through Saturday, March 7. In ...
Mar 05, 2020 Pronghorns athletes will be competing at the track and field U SPORTS Championships March 5-7, 2020 (Photo courtesy University of Lethbridge Pronghorns Athletics)

Yukon adopts permanent daylight time as consultation wins overwhelming support
WHITEHORSE - Once Yukon residents spring their clocks forward this weekend, there will be no turning back. The Yukon government says the territory will end the practice of seasonal time changes a...
Mar 05, 2020

Starbucks halts use of reusable cups to prevent spread of novel coronavirus
SEATTLE - Starbucks is stopping the use of reuseable cups and is halting business travel to combat the spread of the novel coronavirus. The coffee chain is also ramping u...
Mar 05, 2020