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S&P/TSX composite down slightly, U.S. stock markets slide after holiday Monday
Canada’s main stock index was down slightly Tuesday and U.S. markets also fell, as investors continue to make guesses about when central banks on either side of the border will start cutting interest rates.
Feb 20, 2024 5:02 PM
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Stock market today: Tech stocks pull Wall Street lower, led by investor favorite Nvidia
NEW YORK (AP) — Technology stocks led Wall Street broadly lower as chipmaker Nvidia pulled back ahead of its earnings report this week. The S&P 500 fell 0.6% Tuesday. The benchmark index is coming off only its second losing week in the last 16.
Feb 20, 2024 4:09 PM
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'Very pleasant surprise': Canada's inflation rate tumbles to 2.9 per cent in January
OTTAWA — Canada's inflation rate fell more than expected last month as price growth moderated across the economy, including outright price declines for gasoline, airfares and clothing. The annual inflation rate tumbled to 2.
Feb 20, 2024 3:55 PM
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White House promises 'major sanctions' on Russia in response to Alexei Navalny's death
WASHINGTON (AP) — The White House says it is preparing additional “major sanctions” on Russia in response to opposition leader Alexei Navalny's death in an Arctic penal colony.
Feb 20, 2024 1:41 PM
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Airfares fall 14% in January as demand eases and competition ramps up
OTTAWA — The price of a plane ticket fell more than 14 per cent on average in January compared with a year earlier, according to new data from Statistics Canada.
Feb 20, 2024 1:28 PM
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Capital One's bid for Discover carries expectation that Americans won't slow credit card use
NEW YORK (AP) — Capital One Financial is betting that Americans will keep shopping and use a credit card to pay for their purchases at stores and on the internet.
Feb 20, 2024 12:50 PM
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Loblaw spending more than $2B to build more than 40 new stores, renovate hundreds
Canada's largest grocery retailer is spending more than $2 billion to expand its empire with plans to build more than 40 new stores and renovate hundreds of others. Loblaw Cos. Ltd.
Feb 20, 2024 12:14 PM
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This is the time to brag: Experts weigh in on how to successfully negotiate a raise
When asking for a raise, it’s tempting to acknowledge the elephant in the room — the surging cost of living brought on by inflation and interest rate hikes that have hammered household budgets.
Feb 20, 2024 11:56 AM
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Walmart posts another strong quarter, but shoppers are spending less per trip as inflation subsides
NEW YORK (AP) — Walmart reported another quarter of stellar results, ending the year on a high note as its low prices attract shoppers looking for deals in a an economically challenging environment for many.
Feb 20, 2024 9:59 AM
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Here's a list January inflation rates for Canadian provinces
OTTAWA — Canada's annual inflation rate was 2.9 per cent in January, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 2.5 per cent (3.4) — Prince Edward Island: 1.6 per cent (2.
Feb 20, 2024 8:55 AM
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