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S&P/TSX composite up almost 150 points Tuesday, U.S. stock markets also rise
TORONTO — Canada's main stock index rose almost 150 points Tuesday amid broad-based gains after a new report showed inflation slowed in May, while U.S. markets also rose on economic optimism. The S&P/TSX composite index was up 145.
Jun 27, 2023 4:39 PM
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Stock market today: Wall Street rallies as economy holds up better than feared
NEW YORK (AP) — Wall Street rallied after a round of reports suggested the economy is in better shape than feared. The S&P 500 rose 1.
Jun 27, 2023 4:06 PM
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Five things to know about the Competition Bureau's study into Canada's grocery sector
Canada's competition watchdog released its much awaited study into the country's retail grocery market on Tuesday, painting a picture of a highly concentrated industry dominated by few players.
Jun 27, 2023 2:38 PM
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Canada’s inflation rate tumbles to 3.4%, but forecasters still expect July rate hike
OTTAWA — Canada's inflation rate tumbled in May as price shocks caused by the Russian invasion of Ukraine have been mostly absorbed, but economists are still expecting the Bank of Canada to move ahead with another rate hike next month.
Jun 27, 2023 1:56 PM
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How to protect yourself from credit card fraud — and what to do when it’s too late
Young Canadians are increasingly the targets of financial fraud, experts say, as the age group most comfortable with buying products online is likewise most exposed to risk.
Jun 27, 2023 1:36 PM
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Eni chief executive says plan for pipeline to move gas to Cyprus 'part of our discussion'
NICOSIA, Cyprus (AP) — The chief executive of energy company Eni said Tuesday that Cyprus-Israeli plans for a pipeline to move offshore natural gas from the two countries to Cyprus is “part of our discussion” with the Cypriot government.
Jun 27, 2023 1:16 PM
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Artificial intelligence takes centre stage at Collision tech conference in Toronto
TORONTO — When the Collision tech conference got underway in Toronto on Tuesday, there were two words that dominated discussions across the Enercare Centre: artificial intelligence.
Jun 27, 2023 12:49 PM
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Brookfield makes takeover offer for American Equity Investment Life Holding
TORONTO — Brookfield Reinsurance Ltd. has made a stock-and-cash offer to buy American Equity Investment Life Holding Co. (AEL) that values the company at US$4.3 billion.
Jun 27, 2023 10:46 AM
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Jeffrey Epstein suicide blamed on jail guard negligence and misconduct: Justice Department watchdog
WASHINGTON (AP) — The Justice Department’s watchdog said Tuesday that a "combination of negligence and misconduct" enabled financier Jeffrey Epstein to take his own life at a federal jail in New York City while he was awaiting trial on sex traffickin
Jun 27, 2023 10:11 AM
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Here's a list of May inflation rates for selected Canadian cities
OTTAWA — Canada's annual inflation rate was 3.4 per cent in May, Statistics Canada says.
Jun 27, 2023 9:15 AM
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