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National Business
National Business
S&P/TSX composite inches higher, U.S. stock markets rally to record highs
TORONTO — Strength in technology and utility stocks helped Canada's main stock index inch higher Wednesday, while U.S. stock markets rallied to new record highs after a pair of reports on inflation and retail sales.
May 15, 2024 1:36 PM
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Stock market today: Wall Street rallies to records after inflation finally slows
NEW YORK (AP) — U.S. stocks rallied to records on hopes that inflation is heading back in the right direction. The S&P 500 jumped 1.2% Wednesday to top its prior all-time high set in March. The Nasdaq composite added 1.
May 15, 2024 1:04 PM
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Boat strike causes oil spill, partial collapse of bridge between Galveston and Pelican Island, Texas
GALVESTON, Texas (AP) — A barge slammed into a bridge pillar in Galveston, Texas, on Wednesday, spilling oil into surrounding waters and closing the only road to a smaller and separate island that is home to a university, officials said.
May 15, 2024 12:27 PM
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Power restored after squirrel causes outage affecting thousands: Toronto Hydro
Toronto Hydro says power has been restored after a large outage caused by a squirrel impacted thousands of people in the downtown area. The company’s outage map showed the disruption started at 10:23 a.m.
May 15, 2024 11:47 AM
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Google unleashes AI in search, raising hopes for better results and fears about less web traffic
MOUNTAIN VIEW, Calif.
May 15, 2024 10:44 AM
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Nuclear division powers revenue growth at AtkinsRéalis
MONTREAL — AtkinsRéalis enjoyed a thriving nuclear business in its latest quarter, as the engineering firm looks to build on a gradual global transition away from fossil fuels.
May 15, 2024 10:36 AM
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Statistics Canada says manufacturing sales down 2.1% at $69.9B in March
OTTAWA — Manufacturing sales fell 2.1 per cent to $69.9 billion in March as sales of petroleum and coal products and motor vehicles fell, Statistics Canada said Wednesday.
May 15, 2024 9:23 AM
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Home sales dip in April from prior month as spring listings perk up: CREA
The Canadian Real Estate Association says the number of homes changing hands in April fell from the previous month despite an influx of new listings hitting the market. On a month-over-month basis, CREA said home sales in April were down 1.
May 15, 2024 9:10 AM
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CMHC reports annual pace of housing starts in April down 1% from March
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in April edged down one per cent compared with March.
May 15, 2024 8:12 AM
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US inflation eased last month in the first slowdown of 2024
WASHINGTON (AP) — Led by lower food and auto prices, inflation in the United States cooled slightly last month after three elevated readings, likely offering a tentative sigh of relief for officials at the Federal Reserve as well as President Joe Bid
May 15, 2024 7:49 AM
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