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1 day ago | bnnbloomberg.ca | Rachel Aiello

Prime Minister Mark Carney will not explicitly say whether he trusts U.S. President Donald Trump, and says when he called his American counterpart “transformational” during their Oval Office sit-down, he meant it in both a good and bad way. Amid Trump’s tariffs on Canadian products and persisting threats to Canadian sovereignty — and after Carney ran a campaign centred on his pitch as the best placed leader to take it all on — the prime minister said simply that he will negotiate with him.

1 day ago | bnnbloomberg.ca | Ilena Peng |Gerson Freitas Jr.

(Bloomberg) -- Egg prices pulled back 18 per cent from a record high last month, offering some relief as supplies recovered from bird flu shock, though tariffs risk higher costs ahead. Shoppers paid $5.122 per dozen for large eggs on average in April, dropping from two straight months of record highs, the U.S. Bureau of Labor Statistics said Tuesday. The monthly decline helped drive a softer-than-forecast rise in U.S. consumer prices in April.

1 day ago | bnnbloomberg.ca | Terry Cain

Here are five things you need to know this morningCarney set to unveil cabinet: Prime Minister Mark Carney is set to unveil his cabinet today… and the group is expected to include several new faces. CTV News has confirmed more than half of its members will be new. The Prime Minister’s office says Carney’s cabinet will be a more focused roster, and while the core slate of cabinet ministers is expected to stay under 30 people, he’ll also be appointing up to 10 secretaries of state.

1 day ago | bnnbloomberg.ca | Aisha Counts

MrBeast, the YouTube star with more than 390 million followers, is partnering with Link Snacks Inc. to create a line of jerky and meat sticks and extend the entertainer’s foray into food products. The Beast Packs will be co-branded with the Jack Link’s and MrBeast names, the companies said Tuesday in a statement. Closely held Link Snacks, based in Minong, Wisconsin, sells a variety of dried meat products including jerky and beef sticks, along with drink mixes and gear.

2 days ago | bnnbloomberg.ca | Larry Berman

This week we get U.S. inflation and retail sales updates for April. We know high frequency data like credit card billings and delinquencies tell us the consumer is seeing increased stress levels. April was the first month when tariff revenues increased, so the inflation and retail sales reports this week should provide the first estimate of the tariff impact on inflation. Specifically, how much of the tariff increase was passed on to consumers and whether non-tariffed prices rose above trends.