• Reuters

    Dollar nurses losses after another set of soft jobs data

    The U.S. dollar had a soft tone in early Asian trading on Friday after losing ground overnight to the euro and sterling on the back of U.S. data showing further signs of a cooling labour market and hence higher odds of Fed rate cuts this year. Against the Japanese yen, the dollar was trading at 155.39 yen, down from highs of 155.95 hit in the previous session. The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, was flat at 105.25.

  • The Canadian Press

    Senate passes bill improving air safety and service for travelers, a day before FAA law expires

    WASHINGTON (AP) — The Senate has passed a $105 billion bill designed to improve air safety and customer service for air travelers, a day before the law governing the Federal Aviation Administration expires. The bipartisan bill, which comes after a series of close calls between planes at the nation’s airports, would boost the number of air traffic controllers, improve safety standards and make it easier for customers to get refunds after flights are delayed or canceled. It passed the Senate 88-4.

  • The Canadian Press

    Broadcaster and commentator Rex Murphy dead at 77: National Post

    The National Post is reporting that Rex Murphy, the pundit and columnist who hosted a national call-in radio show for decades, has died. The newspaper, where he worked as a columnist, says in an obituary on its website that Murphy died at age 77 following a battle with cancer. He was born outside of St. John's, N.L., and graduated from Memorial University before attending Oxford University as a Rhodes Scholar. Murphy hosted CBC Radio's "Cross Country Checkup" for more than two decades, before re