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Bank of Canada ready to cut faster — or slower — if it needs to, Macklem says

OTTAWA — The Bank of Canada may adjust the pace of interest rate cuts if warranted, governor Tiff Macklem said on Wednesday after announcing...

Giller Prize releases long list, drops Scotiabank from name

TORONTO — The group of authors in contention for this year’s $100,000 Giller Prize has been whittled down to 12, but one name is...

Atlanta Fed’s Bostic: The central bank can’t wait for inflation to get to 2% to cut rates

Atlanta Fed president Raphael Bostic said Wednesday he believes the central bank cannot wait until inflation hits 2% to begin cutting interest rates —...

Reports of dollar’s demise are greatly exaggerated, JPMorgan says

By Marc JonesLONDON (Reuters) - Suggestions that the dollar's dominance of the global financial system is ending are wide of the mark, JPMorgan said...

US job openings fall as demand for workers weakens

WASHINGTON (AP) — America's employers posted fewer job openings in July than they had the previous month, a sign that hiring could cool in...

Maui wildfire report details how communities can reduce the risk of similar disasters

A new report on the deadliest U.S. wildfire in a century details steps communities can take to reduce the likelihood that grassland wildfires will...

Nordstrom family offers to take department store private for $3.76 billion with Mexican retail group

NEW YORK (AP) — Members of the Nordstrom family with the help of a Mexican retail group are offering to take the century-old department...

Nvidia, chip stocks waver after previous day’s sell-off

(Reuters) - Chip companies led by market cap leader Nvidia were set to extend losses on Wednesday after a bruising sell-off in the previous...

Nordstrom founders offer $23 per shaare to take the department store private

(Reuters) - Nordstrom's founding family has made a bid to take the department store chain private by offering $23 per share in cash for...

Volvo Cars scales back electric vehicle ambition

STOCKHOLM (Reuters) - Swedish automaker Volvo Cars said on Wednesday it had abandoned is ambition of selling only fully electric cars in 2030, and...

Lyft to sell some bike, scooter assets

(Reuters) -Ride-sharing platform Lyft said on Wednesday it will sell some assets related to bikes and scooters as part of a restructuring plan to...

Cybersecurity firm Zscaler’s shares fall on dour annual forecasts

(Reuters) - Zscaler shares tumbled 15.2% in premarket trading on Wednesday following the cybersecurity firm's downbeat annual forecasts.The forecast comes after peers Palo Alto...

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