The Canadian dollar has steadily fallen over the past several weeks to trade around the 70 cents US mark as it finds itself caught between a weak domestic economy and strong demand for the U.S. dollar.

As of early May, the loonie was trading around 74 cents US.

Karl Schamotta, who leads Corpay’s currency research group, says the U.S. dollar has been “crushing all of its global rivals,” as the AI boom in the U.S. attracts more investment,

DUBAI, United Arab Emirates (AP) — Several tankers made their way out of the Strait of Hormuz on Thursday using a new route promoted by a U.N. maritime agency. Iran has threatened vessels using the path, which runs along the coast of Oman.

The opening of an alternative passage through the vital waterway would relieve pressure on the world economy and remove Iran’s main source of leverage in ongoing peace talks with the United States. U.S. Secretary of State Marco Rubio, on a visit

CARACAS, Venezuela (AP) — At least 164 people have died and 971 were injured after a pair of powerful quakes rocked Venezuela, Acting President Delcy Rodríguez said Thursday, adding that rescue teams are rushing to the hardest-hit areas to free people trapped under rubble.

Wednesday evening’s 7.2 and 7.5 magnitude earthquakes were among the strongest to strike Venezuela in more than a century and could be felt throughout the region. The country’s main airport was damaged and

TAMPA, Fla. (AP) — Detroit Lions player Terrion Arnold has been arrested in connection to a kidnapping and robbery in Florida and faces felony charges, officials said Wednesday.

Arnold, 23, is accused of being the “primary conspirator” before three men in their late teens were held at gunpoint, battered and pistol-whipped in February in Tampa, the city’s police department said in a statement. Some of their belongings were stolen, police said.

Arnold is facing four counts of a weapon-

NEW YORK (AP) — New York City Mayor Zohran Mamdani stepped into the national spotlight this week as an ascendant political force within the Democratic Party.

Democratic leaders aren’t so sure that’s a good thing.

As progressives cheered across the nation, some of the most powerful Democrats in the country, including House Minority Leader Hakeem Jeffries , downplayed the impact of Mamdani’s victories on Tuesday , when the 34-year-old democratic socialist mayor’s slate of congressional candidates defeated three establishment favorites —

One team will make history when Canada faces South Africa in the first knockout match at the World Cup Sunday afternoon at 3 p.m. in Los Angeles.

Upstart South Africa secured a fixture with Canada with a 1-0 win over South Korea on Wednesday in Monterrey, Mexico.

South Africa, ranked 54th in the world, and No. 31 Canada both have advanced to the knockout stage for the first time in World Cup play. The winner will advance to the round of 16.

Both

TOKYO (AP) — A powerful earthquake struck off Japan’s northern coast on Thursday, but the country’s meteorological agency said there was no danger of a tsunami.

The quake had a preliminary magnitude of 6.9 and occurred off the eastern coast of Iwate, the Japan Meteorological Agency said. The quake had a depth of about 50 kilometers (30 miles), it said. The U.S. Geological Survey also reported a magnitude of 6.9.

The rattling occurred in the area

MONTREAL — Air Canada says a pilot on a flight from Newark, N.J., to Halifax experienced a “medical issue” and the flight had to be diverted to Boston.

A statement from the airline said Flight AC7664 was being operated by regional partner PAL Airlines on Wednesday afternoon when the captain experienced the issue and was removed from the flight deck in accordance with safety protocols.

It said the first officer took control of the aircraft and diverted the flight to Boston, where it landed without issue