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Wall Street Futures Rise on Bank Earnings and Rate-Cut Optimism

U.S. stock futures climbed Wednesday as strong bank earnings and renewed hopes for Federal Reserve rate cuts helped ease investor concerns over U.S.-China tensions. The Dow Jones Industrial Average gained over 200 points in premarket trading, while the S&P 500 and Nasdaq 100 also advanced, buoyed by optimism surrounding the start of earnings season. Bank of America reported a 23% jump in profit, joining other major lenders in posting robust results that reassured markets about the financial sector’s resilience. Investors are also betting on potential interest-rate cuts as the Federal Reserve faces mounting pressure to support growth amid trade frictions and a prolonged U.S. government shutdown. The combination of strong corporate performance and policy optimism has lifted sentiment after a volatile session earlier in the week. Global markets mirrored the upbeat tone, with Asian and European equities edging higher, while the dollar weakened and gold prices steadied. Analysts ...
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Ontario Bets on Reagan’s Legacy in $75M U.S. Anti-Tariff Campaign

                         Ontario Premier Doug Ford says the ad aims to show Americans that tariffs will end up hurting them.     


Ontario Premier Doug Ford has unveiled a $75-million advertising blitz in the United States aimed at swaying Republican voters against tariffs. The campaign features excerpts from a 1987 speech by former U.S. President Ronald Reagan, in which he denounced tariffs as harmful to innovation, job growth, and consumer prices.

The ads will air on major American networks including Fox, NBC, CBS, and Newsmax, with a particular focus on Republican-held districts. Ford described Reagan as a figure who resonates strongly with U.S. conservatives, making him an ideal messenger for Ontario’s case against protectionist trade policies.

“High tariffs inevitably lead to retaliation by foreign countries and the triggering of fierce trade wars,” Reagan warns in the ad, echoing concerns that Ontario officials say remain relevant today.

The campaign, which will run through January, is Ontario’s latest effort to highlight the province’s role as a key economic partner to the U.S. and to push back against policies that could disrupt cross-border trade.


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