National Business

TEHRAN, Iran (AP) — Iran ’s rial currency traded Saturday at a record low against the U.S.

Rain and localized flooding in parts of Ontario could slow restoration efforts this weekend to thousands of homes and businesses still without power after a series of punishing spring storms.

JASPER, ALTA. — Every summer for 61 years, tourists have piled onto Jasper’s SkyTram to see the boomerang-shaped town nestled inside the sprawling Rocky Mountains. It'll happen again this summer, but the view will be different.

DETROIT — Glenn Stevens Jr. can look out his office window in downtown Detroit and see Canada.

WASHINGTON (AP) — President Donald Trump on Friday said he is signing an executive order to keep TikTok running in the U.S.

Steep U.S. tariffs on all imported vehicles are set to drive prices, already high in part because of pandemic-related disruptions, higher still for both new and used cars, experts say.

ORILLIA — Prolonged power outages after spring storms could extend into next week in some Ontario communities, officials said Friday, as one Orillia-area resident described the aftermath of last weekend's ice storm as a "war zone.

NEW YORK (AP) — Wall Street’s worst crisis since COVID slammed into a higher gear Friday. The S&P 500 lost 6% after China matched President Donald Trump’s big raise in tariffs announced earlier this week.

CALGARY — Fears of a tariff-driven recession have led to a steep drop in the price of crude oil, walloping Canadian energy stocks and stoking worry about the sector's outlook should the weakness persist. West Texas Intermediate crude, the key U.S.

WEST PALM BEACH, Fla. (AP) — President Donald Trump on Friday said he is signing an executive order to keep TikTok running in the U.S.