Skip to content
Join our Newsletter

National Business

Late slide sends Wall Street lower in more uncertain trading

Late slide sends Wall Street lower in more uncertain trading

NEW YORK — Stocks ended a wobbly day lower on Wall Street after a late-afternoon drop erased the tentative gains major indexes had been clinging to for much of the day. The S&P 500 gave back 0.3% Wednesday, its sixth consecutive loss.
Canada Post officially launches nationwide loan program with TD Bank Group

Canada Post officially launches nationwide loan program with TD Bank Group

TORONTO — Canada Post now offers loans alongside stamps, packaging and its existing financial services as it officially launches a partnership with TD Bank Group.
Fed voiced determination at last meeting to curb inflation

Fed voiced determination at last meeting to curb inflation

WASHINGTON (AP) — Federal Reserve officials at their last meeting stressed their commitment to taming “unacceptably high’’ inflation before announcing that they were raising their benchmark interest rate by a substantial three-quarters of a point for
Who are the 2022 MacArthur 'genius grant' fellows?

Who are the 2022 MacArthur 'genius grant' fellows?

CHICAGO (AP) — A specialist in plastic waste management, artists, musicians, computer scientists, and a poet-ornithologist who advocates for Black people in nature are among this year’s 25 winners of the John D. and Catherine T.
Leak detected in pipeline that brings Russian oil to Germany

Leak detected in pipeline that brings Russian oil to Germany

WARSAW, Poland (AP) — An oil leak was detected on a pipeline in Poland that's the main route through which Russian crude reaches Germany, the pipeline's Polish operator said Wednesday.
RBC economists say recession could arrive as early as Q1 of next year

RBC economists say recession could arrive as early as Q1 of next year

TORONTO — RBC economists say Canada’s economy could fall into a recession as early as the first quarter of next year, but they expect unemployment to be "less severe" than previous downturns.
Hydro-Québec buying U.S. company Great River Hydro for US$2 billion

Hydro-Québec buying U.S. company Great River Hydro for US$2 billion

MONTREAL — A subsidiary of Hydro-Québec announced a deal Wednesday to buy U.S. power generator Great River Hydro LLC for US$2 billion.
FDA clears updated COVID boosters for kids as young as 5

FDA clears updated COVID boosters for kids as young as 5

The U.S. on Wednesday authorized updated COVID-19 boosters for children as young as 5, seeking to expand protection ahead of an expected winter wave.
Linamar says Q3 vehicle production forecast down 'meaningfully' for Europe

Linamar says Q3 vehicle production forecast down 'meaningfully' for Europe

GUELPH, Ont. — Linamar Corp. says its light vehicle production forecast for the third quarter is down "meaningfully" in Europe compared with its previous forecast, despite being slightly higher overall. The Guelph, Ont.
US producer price inflation eases to still-high 8.5%

US producer price inflation eases to still-high 8.5%

WASHINGTON (AP) — Inflation at the wholesale level rose 8.5% in September from a year earlier, the third straight decline though costs remain at painfully high levels.