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Stock market today: Wall Street slips away from records after mixed data on the economy

Stock market today: Wall Street slips away from records after mixed data on the economy

NEW YORK (AP) — Stocks slipped away from their records following a mixed batch of economic reports. The S&P 500 fell 0.3% Thursday after giving up an earlier, modest gain. The Dow Jones Industrial Average lost 0.
Renters have harder time accumulating wealth than homeowners: RBC economist

Renters have harder time accumulating wealth than homeowners: RBC economist

TORONTO — Renters face daunting barriers in their attempts to build wealth as they're forced to devote an increasing share of their income to keeping a roof over their head, said an RBC report Thursday.
Oil shippers demand explanation from Trans Mountain for pipeline cost overruns

Oil shippers demand explanation from Trans Mountain for pipeline cost overruns

CALGARY — A group of oil shippers is asking the Canada Energy Regulator to compel the company behind the Trans Mountain pipeline expansion to provide them with a full and detailed breakdown of the project's escalating construction costs.
Empire says gap between discount and full-service narrowing as sales, earnings rise

Empire says gap between discount and full-service narrowing as sales, earnings rise

The parent company of Sobeys is looking ahead to sunnier economic times, betting the shift to discount grocery stores that’s been boosting sales industry-wide won’t be permanent.
Manufacturing sales up 0.2 per cent in January: Statistics Canada

Manufacturing sales up 0.2 per cent in January: Statistics Canada

OTTAWA — Canada's manufacturing industry saw a slight lift in January as sales edged upward, the country's data agency said Thursday. Statistics Canada's latest data shows manufacturing sales rose 0.2 per cent to $71.
Third test flight of SpaceX's mega rocket ends with loss of spacecraft

Third test flight of SpaceX's mega rocket ends with loss of spacecraft

SpaceX’s mega rocket blasted off on another test flight Thursday and made it farther than two previous attempts, but the spacecraft was lost as it descended back to Earth.
Number of Americans filing for jobless benefits remains low in a thriving labor market

Number of Americans filing for jobless benefits remains low in a thriving labor market

The number of Americans applying for jobless benefits last week inched up but largely stayed at historically low levels as the labor market continues to thrive despite elevated interest rates.
February retail sales up 0.6%, yet fissures emerge in what has been a driving force for US economy

February retail sales up 0.6%, yet fissures emerge in what has been a driving force for US economy

NEW YORK (AP) — Americans picked up their spending a bit in February after pulling back the previous month.
Tax changes you need to know about this year, from home offices to house flipping

Tax changes you need to know about this year, from home offices to house flipping

Taxes may well be a certainty of life, but they can morph and multiply by the year, including some big changes this filing season.
US wholesale prices picked up in February in sign that inflation pressures remain elevated

US wholesale prices picked up in February in sign that inflation pressures remain elevated

WASHINGTON (AP) — Wholesale prices in the United States accelerated again in February , the latest sign that inflation pressures in the economy remain elevated and might not cool in the coming months as fast as the Federal Reserve or the Biden admini