Business

Canada’s prime minister announces supports for lumber, steel sectors hit by U.S. tariffs

Canada’s prime minister announces supports for lumber, steel sectors hit by U.S. tariffs

TORONTO (AP) — Canadian Prime Minister Mark Carney announced Wednesday new supports for the steel and lumber industries hit hard by U.S. tariffs. U.S. President Donald Trump has imposed 50% tariff...

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A space for more: Co-op kitchens are helping Minnesota food producers to get creative

A space for more: Co-op kitchens are helping Minnesota food producers to get creative

From potatoes to peppers to tomatoes, the food grown by farmers near the western Minnesota town of Detroit Lakes will soon be put to more and better use. Potatoes grown in the Red River Valley cou...

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Brazil’s Lula sanctions an increase in tax exemptions for low-income people

Brazil’s Lula sanctions an increase in tax exemptions for low-income people

RIO DE JANEIRO (AP) — Brazilian President Luiz Inácio Lula da Silva on Wednesday sanctioned a bill that exempts people earning up to 5,000 reais ($940) a month from income taxes, more than doublin...

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Trump administration touts lower prices for 15 Medicare drugs

Trump administration touts lower prices for 15 Medicare drugs

NEW YORK (AP) — Pharmaceutical companies have agreed to slash the Medicare prices for 15 prescription drugs after months of negotiations, reductions that are expected to produce billions in saving...

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Average US long-term mortgage rate falls to 6.23%, ending a three-week climb

Average US long-term mortgage rate falls to 6.23%, ending a three-week climb

The average rate on a 30-year U.S. mortgage ended a three-week streak of increases, reflecting a pullback in long-term U.S. Treasury bond yields. The average long-term mortgage rate fell to 6.23% ...

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Mexico unveils plan for what it claims will be Latin America’s most powerful supercomputer

Mexico unveils plan for what it claims will be Latin America’s most powerful supercomputer

MEXICO CITY (AP) — Mexico unveiled plans Wednesday to build what it claims will be Latin America’s most powerful supercomputer — a project the government says will help the country capitalize on t...

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