National Business

WASHINGTON (AP) — The Senate passed legislation Tuesday that would regulate a form of cryptocurrency known as stablecoins, the first of what the industry hopes will be a wave of bills to bolster its legitimacy and reassure consumers.

HALIFAX — After at least two Nova Scotia municipalities voted in favour of asking the provincial government to slow down on its uranium exploration plans, their offices received several-page-long letters from Premier Tim Houston saying the province n

TORONTO — Canada's main stock index closed down despite strength in the energy sector, while U.S. markets also moved lower over rising fears that the conflict between Israel and Iran could escalate.

NEW YORK (AP) — U.S. stocks slumped under the weight of a jump for the price of oil. The S&P 500 fell 0.8% Tuesday following signals that Israel’s conflict with Iran may be worsening and that one of the U.S. economy’s main engines is weakening.

OTTAWA — New meeting records show the Bank of Canada's top decisionmakers were weighing an interest rate cut earlier this month but didn't feel like they knew enough about how the tariff dispute with the United States would unfold to pull the trigger

DHL Express Canada plans to shut down operations across the country this week amid a strike and lockout involving 2,100 truck drivers and other workers, adding to turmoil in the parcel market.

WASHINGTON (AP) — Retail sales fell sharply in May as consumers pulled back from a spending surge early this year to get ahead of President Donald Trump’s sweeping tariffs on nearly all imports. Sales at retail stores and restaurants dropped 0.

MONTREAL — The City of Montreal is investing $100,000 to lure scientists and researchers who want to leave the United States. In a news release, Mayor Valérie Plante says the "current situation" in the U.S.

OTTAWA — Outgoing Conservative MP Damien Kurek is looking to leave his mark in Parliament by pushing for the adoption of a national livestock brand as one of Canada's symbols.

WASHINGTON (AP) — An Illinois toy company challenged President Donald Trump’s tariffs in front of the Supreme Court on Tuesday in a long shot bid to press the justices to quickly decide whether they are legal. Learning Resources Inc.