Wednesday, May 1, 2024

U.S. Federal Reserve holds interest rate, saying it will take 'longer than expected' to start cutting

Federal Reserve chair Jerome Powell is shown.

The U.S. Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning toward eventual reductions in borrowing costs, but that cuts could be delayed as recent inflation numbers have strayed further from its two per cent target.



source https://www.cbc.ca/news/business/us-federal-reserve-interest-rates-1.7190790?cmp=rss

Trump, Republicans try to equate campus protests to Jan. 6 riot, Charlottesville rally

An older clean shaven man in a suit and tie is shown standing and speaking toward cameras that are not shown.

Donald Trump on Tuesday lamented the possibility that Columbia University's pro-Palestinian protesters could be treated more leniently than the rioters who stormed the U.S. Capitol on Jan. 6, 2021. Experts say comparisons to the Capitol riot, or an infamous 2017 Charlottesville rally, are strained.



source https://www.cbc.ca/news/world/campus-protests-capitol-riot-charlottesville-1.7190268?cmp=rss

What Canada can learn from Maine's approach to the lucrative baby eel fishery

2 men wearing headlamps dump a bucket of baby eels into a net.

Authorities in Maine say they have figured out how to regulate a fishery that is so out of control in Canada, the federal government has shut it down this year — the third shutdown in five years — putting 1,100 people out of work.



source https://www.cbc.ca/news/canada/nova-scotia/baby-eels-elvers-maine-regulations-fisheries-1.7189776?cmp=rss

WATCH | King Charles visits cancer centre in 1st appearance since treatment

King Charles has returned to public duties for the first time since his cancer diagnosis. While meeting patients and families at a central London cancer centre, the monarch talked about his own treatment.



source https://www.cbc.ca/news/thenational/king-charles-visits-cancer-centre-in-1st-appearance-since-treatment-1.7190189?cmp=rss