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S&P/TSX composite up more than 150 points, U.S. stock markets mixed
TORONTO — Canada's main stock index gained more than 150 points Wednesday after the Bank of Canada cut interest rates, while U.S. stock markets were mixed, led by a 1.8 per cent gain on the Nasdaq after the latest inflation report.
Dec 11, 2024 4:12 PM
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Banks lower prime rates following Bank of Canada move
TORONTO — Canadian financial institutions are lowering their prime lending rates to match the half percentage point decrease announced today by the Bank of Canada.
Dec 11, 2024 3:37 PM
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Stock market today: Wall Street gets back to climbing, sending Nasdaq to a record
NEW YORK (AP) — Wall Street got back to climbing after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. The S&P 500 gained 0.
Dec 11, 2024 3:04 PM
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Higher property taxes, chance of reduced snow plowing in Winnipeg budget plan
WINNIPEG — Winnipeg is eyeing the largest property tax increase in decades and considering a cut to snow plowing in an attempt to address a fiscal squeeze.
Dec 11, 2024 3:02 PM
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BoC delivers jumbo interest rate cut, signals slower pace of cuts moving forward
OTTAWA — The Bank of Canada delivered another hefty interest rate cut as it acknowledged the economy has been weaker than it anticipated, but governor Tiff Macklem said Canadians should expect a slower pace of cuts moving forward.
Dec 11, 2024 2:45 PM
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Quebec and Newfoundland and Labrador expected to sign Churchill Falls energy deal
ST. JOHN'S, N.L. — Quebec Premier François Legault and Newfoundland and Labrador Premier Andrew Furey are scheduled to announce an energy agreement Thursday that could end decades of friction between the two provinces.
Dec 11, 2024 2:00 PM
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Gun found on suspect in killing of UnitedHealthcare CEO matches shell casings at scene, police say
ALTOONA, Pa. (AP) — The gun found on the suspect in the killing of United Healthcare’s CEO matched shell casings found at the site of the shooting, New York City’s police commissioner said Wednesday.
Dec 11, 2024 1:16 PM
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MadeGood recalls certain granola bars over possible metal contamination
MadeGood is warning customers to check their cupboards for granola bars that may contain a piece of metal.
Dec 11, 2024 1:12 PM
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US inflation ticked up last month as some price pressures remain persistent
WASHINGTON (AP) — Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated.
Dec 11, 2024 1:03 PM
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Three Montreal schools to face Education Department probe over toxic climate
MONTREAL — Three French-language Montreal schools are facing an Education Department investigation after audits found multiple issues relating to a toxic climate.
Dec 11, 2024 12:54 PM
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