Skip to content

National Business

Stock market today: Wall Street rallies to a record as Big Tech stocks renew their run

Stock market today: Wall Street rallies to a record as Big Tech stocks renew their run

NEW YORK (AP) — Stocks rallied to records after some influential Big Tech companies got back in their groove. The S&P 500 rose 1.1% Tuesday to top its all-time high set last week. The Dow Jones Industrial Average gained 0.
Lowering interest rate cap to 35% to cost jobs and GDP: Industry report

Lowering interest rate cap to 35% to cost jobs and GDP: Industry report

TORONTO — A report commissioned by the Canadian Lenders Association estimates that lowering the maximum interest rate could lead to the loss of tens of thousands of jobs and billions of dollars in GDP.
US inflation up again in February in latest sign that price pressures remain elevated

US inflation up again in February in latest sign that price pressures remain elevated

WASHINGTON (AP) — Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for President Joe Biden’s re-election campaign, both of which are counting on a steady easin
Value of Canadian farmland rises 11.5 per cent in 2023: report

Value of Canadian farmland rises 11.5 per cent in 2023: report

REGINA — The value of Canadian farmland rose 11.5 per cent in 2023, a new report by agriculture lending firm Farm Credit Canada has found. Chief economist J.P.
Browning West files lawsuit to ensure Gildan annual meeting happens 'without delay'

Browning West files lawsuit to ensure Gildan annual meeting happens 'without delay'

MONTREAL — A U.S. investor looking to replace a majority of the board of directors at Gildan Activewear Inc.
Scholastic invests US$186M in children's show maker 9 Story Media

Scholastic invests US$186M in children's show maker 9 Story Media

TORONTO — Publishing giant Scholastic says it has signed a US$186 million agreement to invest in the company behind television programs "Daniel Tiger’s Neighborhood," "Doc McStuffins" and "Octonauts.
Bitcoin ETFs offer accessibility and safety but investors also need to weigh risks

Bitcoin ETFs offer accessibility and safety but investors also need to weigh risks

From claims of its potential to protect against inflation to ushering in a new era of decentralization, cryptocurrency has been hailed by enthusiasts from all walks of life as the future of investing.
European Union's executive branch to recommend that members open accession negotiations with Bosnia

European Union's executive branch to recommend that members open accession negotiations with Bosnia

BRUSSELS (AP) — The European Union's executive arm will recommend that member countries open accession negotiations with Bosnia-Herzegovina, European Commission President Ursula von der Leyen said Tuesday.
Oscars get audience bump from 'Barbie' and 'Oppenheimer,' but ratings aren't quite a blockbuster

Oscars get audience bump from 'Barbie' and 'Oppenheimer,' but ratings aren't quite a blockbuster

LOS ANGELES (AP) — “Barbenheimer” brought a bump not a boom to Oscars ratings. An estimated 19.5 million people watched Sunday night's 96th Academy Awards ceremony on ABC. That's the biggest number drawn by the telecast in four years.
Atlantic newspaper owner SaltWire faces insolvency after lender files claim

Atlantic newspaper owner SaltWire faces insolvency after lender files claim

HALIFAX — A private equity fund is initiating insolvency proceedings against Atlantic newspaper owner SaltWire Network Inc., claiming it owes tens of millions of dollars after several years of mismanagement.