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S&P/TSX composite closes down after bumpy day of trading, U.S. markets mixed
TORONTO — Canada's main stock index closed down Friday while U.S. markets were mixed after a bumpy day of trading following job reports that came in stronger than expected.
Dec 2, 2022 5:17 PM
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Musk says Twitter has suspended rapper Ye over swastika post
Twitter has suspended rapper Ye after he tweeted a picture of a swastika merged with the Star of David. It is the second time this year that Ye has been suspended from the platform over antisemitic posts.
Dec 2, 2022 4:46 PM
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Parkland to double size of announced EV charging network in western Canada
CALGARY — Parkland Corp. is doubling the size of its previously announced electric vehicle charging network with a focus on British Columbia, which leads the country in EV adoption.
Dec 2, 2022 4:14 PM
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Wall Street ends mixed following strong data on wages, jobs
NEW YORK — Worries about inflation weighed on Wall Street, leaving major indexes mixed after another bumpy day of trading. The S&P 500 ended down 0.1% and the Nasdaq lost 0.2% after being down even more earlier in the day.
Dec 2, 2022 4:13 PM
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Infowars host Alex Jones files for personal bankruptcy
HOUSTON — Infowars host Alex Jones filed for personal bankruptcy protection Friday in Texas, citing debts that include nearly $1.5 billion he has been ordered to pay to families who sued him over his conspiracy theories about the Sandy Hook school massacre
Dec 2, 2022 1:55 PM
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Unemployment rate drops slightly to 5.1% in November, labour market still hot
OTTAWA — Canada's unemployment rate is still holding near historical lows even as the Bank of Canada cranks up interest rates to slow the economy and stifle inflation.
Dec 2, 2022 1:26 PM
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US hiring stays strong, complicating Fed's inflation fight
WASHINGTON (AP) — The nation’s employers kept hiring briskly in November despite high inflation and a slow-growing economy — a sign of resilience in the face of the Federal Reserve’s aggressive interest rate hikes .
Dec 2, 2022 1:05 PM
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Vancouver's November home sales fell 53% from a year ago, 15% from October: board
VANCOUVER — The Real Estate Board of Greater Vancouver says the typically slow conditions it sees in November were even more sluggish last month as home sales dropped 53 per cent from a year ago and 15 per cent from October. The B.C.
Dec 2, 2022 12:53 PM
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BoC expected to end year off with one more rate increase, likely to pause hikes soon
OTTAWA — The Bank of Canada is expected to conclude a historic year marked by high inflation and aggressive monetary policy tightening with one more interest rate hike on Wednesday.
Dec 2, 2022 11:39 AM
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Rail strike averted: Biden signs bill enforcing agreement
WASHINGTON (AP) — President Joe Biden signed a bill Friday to avert a freight rail strike that he said could have plunged the U.S. into a catastrophic recession.
Dec 2, 2022 11:25 AM
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