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US consumers keep spending briskly even in the face of persistent inflation and high interest rates

US consumers keep spending briskly even in the face of persistent inflation and high interest rates

WASHINGTON (AP) — An inflation gauge that is closely monitored by the Federal Reserve showed price increases remained elevated in September amid brisk consumer spending and strong economic growth .
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Gas and power utility Fortis reports $394M Q3 profit, up from $326M a year earlier

Gas and power utility Fortis reports $394M Q3 profit, up from $326M a year earlier

ST. JOHN'S, N.L. — Fortis Inc. reported a third-quarter profit of $394 million, up from $326 million a year earlier. The gas and power utility says the profit amounted to 81 cents per diluted share for the quarter ended Sept.
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Canadian ranchers brace for long, lean winter after droughts, soaring feed costs

Canadian ranchers brace for long, lean winter after droughts, soaring feed costs

CALGARY — It could be a long, lean winter in cattle country as drought-ravaged western Canadian ranchers struggle to secure feed to get their livestock through the cold months.
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Former Premier Li Keqiang, China’s top economic official for a decade, dies at 68

Former Premier Li Keqiang, China’s top economic official for a decade, dies at 68

BEIJING (AP) — Former Premier Li Keqiang , China’s top economic official for a decade, died Friday of a heart attack. He was 68. Li was China’s No.
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Autoworkers reach a deal with Ford, a breakthrough toward ending strikes against Detroit automakers

Autoworkers reach a deal with Ford, a breakthrough toward ending strikes against Detroit automakers

DETROIT (AP) — The United Auto Workers union said Wednesday it has reached a tentative contract agreement with Ford that could be a breakthrough toward ending the nearly 6-week-old strikes against Detroit automakers.
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Hurricane Otis survivors search for friends and necessities in devastated Acapulco

Hurricane Otis survivors search for friends and necessities in devastated Acapulco

ACAPULCO, Mexico (AP) — Survivors of a Category 5 storm that killed at least 27 people as it devastated Mexico’s resort city of Acapulco spent Thursday searching for acquaintances and necessities and hoping that aid would come quickly in the wake of
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Heather Reisman marks Indigo comeback with new store following leadership turmoil

Heather Reisman marks Indigo comeback with new store following leadership turmoil

TORONTO — Strolling between rows of books and a seemingly endless array of other wares at Indigo Books and Music Inc.’s newest store in Toronto’s The Well building on Thursday, Heather Reisman is in her element.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (18,875.31, down 72.54 points): Manulife Financial Corp. (TSX:MFC). Finance. Up 20 cents, or 0.84 per cent, to $24.08 on 7.
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U.S. markets fall led by technology weakness while TSX also moves lower

U.S. markets fall led by technology weakness while TSX also moves lower

TORONTO — Canada's main stock index moved lower Thursday amid weakness in industrials, technology and battery metals, while U.S. markets also fell, led by losses in technology. The S&P/TSX composite index closed down 72.54 points at 18,875.31.
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Aecon shares sink 12%, troubles with legacy projects persist

Aecon shares sink 12%, troubles with legacy projects persist

TORONTO — Shares of Aecon Group Inc. fell 12 per cent Thursday after the company said it faced challenges with four large fixed-price legacy projects being carried out by joint ventures in which it's a partner.
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