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Wholesale inflation in June surged 11.3% from a year ago
WASHINGTON (AP) — Inflation at the wholesale level climbed 11.3% in June compared with a year earlier, the latest painful reminder that inflation is running hot through the American economy. The Labor Department reported Thursday that the U.S.
Jul 14, 2022 9:09 AM
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Barrick produces 1.04 million ounces of gold and 120 million pounds of copper in Q2
TORONTO — Barrick Gold Corp. says according to its preliminary figures it produced 1.04 million ounces of gold and 120 million pounds of copper in its second quarter and remains on track to achieve its production guidance for the year.
Jul 14, 2022 8:26 AM
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Russia's war to keep hitting EU economy, push up inflation
BRUSSELS (AP) — Russia's war in Ukraine is expected to wreak havoc with the European Union's economic recovery for the foreseeable future with lower annual growth and record-high inflation, the bloc's economic forecast showed Thursday.
Jul 14, 2022 5:16 AM
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Bank of Canada governor Tiff Macklem to make speech following rate hike
OTTAWA — Bank of Canada governor Tiff Macklem is set to speak at a webinar hosted by the Canadian Federation of Independent Business today.
Jul 14, 2022 4:00 AM
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Asian stocks down after US inflation fuels rate hike fears
BEIJING (AP) — Asian stock markets rose Thursday despite a record-setting U.S. inflation report that pointed to more possible interest rate hikes that investors worry will chill economic growth. U.S. futures edged lower while oil prices advanced.
Jul 14, 2022 12:08 AM
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Cogeco Communications Q3 profit increases five per cent to $100.3 million
MONTREAL — Cogeco Communications Inc. says its net profit in the third quarter increased five per cent to $100.3 million on a boost in revenues. The Montreal-based company says profit attributable to shareholders was the equivalent of $2.
Jul 13, 2022 6:40 PM
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Panasonic selects Kansas for vehicle battery mega-factory
TOPEKA, Kan. (AP) — Japan’s Panasonic Corp. selected Kansas as the location for a multibillion-dollar mega-factory to produce electric vehicle batteries for Tesla and other carmakers, Gov. Laura Kelly announced Wednesday.
Jul 13, 2022 6:27 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (18,615.19, down 63.45 points.) Toronto-Dominion Bank (TSX:TD). Financials. Down 99 cents, or 1.2 per cent, to $79.84 on 9.
Jul 13, 2022 5:25 PM
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S&P/TSX composite bounces back from morning low after supersized rate hike
TORONTO — North American stock markets partially bounced back from disappointing news Wednesday of a supersized interest rate by the Bank of Canada and hotter than expected U.S. inflation numbers.
Jul 13, 2022 4:43 PM
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How the Bank of Canada's rate hike will impact mortgages, loans and spending
TORONTO — The Bank of Canada increased its key interest rate by one percentage point Wednesday in the largest hike the country has seen in 24 years.
Jul 13, 2022 4:13 PM
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