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A key inflation gauge jumped 6.6% in March, most since 1982
WASHINGTON (AP) — An inflation gauge closely tracked by the Federal Reserve surged 6.
Apr 29, 2022 12:29 PM
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Becker gets 2 1/2 years in prison for bankruptcy offenses
LONDON (AP) — Tennis great Boris Becker was sentenced to 2 1/2 years in prison on Friday for illicitly transferring large amounts of money and hiding assets after he was declared bankrupt.
Apr 29, 2022 12:01 PM
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British billionaire Jim Ratcliffe rivals U.S. offers with late $5B bid for Chelsea
British billionaire Jim Ratcliffe launched a late bid on Friday to buy Chelsea for 4.25 billion pounds ($5.3 billion) as rival offers featuring American investors were already being assessed as the sale process nears a conclusion.
Apr 29, 2022 11:57 AM
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NFI Group cuts earnings forecast — again — as supply snarls hit production line
WINNIPEG — Bus manufacturer NFI Group Inc. is cutting its revenue forecast for the second time in seven months, citing a global shortage of microprocessors.
Apr 29, 2022 11:36 AM
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Federal deficit $69.8B for April-to-February period of fiscal 2021-22
OTTAWA — The federal government posted a deficit of $69.8 billion for the April-to-February period of its 2021-22 fiscal year as revenue grew and expenses fell.
Apr 29, 2022 11:09 AM
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Economy gains momentum with 1.1% GDP growth in February, best month since March 2021
OTTAWA — The Canadian economy surged ahead in February as pandemic-related restrictions eased, fuelling expectations by economists that the Bank of Canada will opt for another oversized rate hike in June.
Apr 29, 2022 10:56 AM
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Inflation hits record high of 7.5% in countries using euro
BRUSSELS (AP) — Inflation hit a new record for the 19 countries that use the euro as skyrocketing fuel prices boosted by the war in Ukraine add new burdens to household finances and weigh on a slowing economic recovery from the latest outbreaks of CO
Apr 29, 2022 5:43 AM
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Explosions rock Kyiv again as Russians rain fire on Ukraine
KYIV, Ukraine (AP) — Russia pounded targets from practically one end of Ukraine to the other Thursday, including Kyiv, bombarding the city while the head of the United Nations was visiting in the boldest attack on the capital since Moscow's forces re
Apr 28, 2022 8:32 PM
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Vancouver council will hike empty homes tax to 5 per cent of assessed value in 2023
Vancouver is raising the empty homes tax that is designed to ease vacancy rates in the city, from three per cent to five per cent of the property's value.
Apr 28, 2022 8:28 PM
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Fairfax Q1 shareholder net profit plunges, partially due to loss on investments
TORONTO — Fairfax Financial Holdings Ltd. says its net income attributable to shareholders plunged to US$125.5 million in the first quarter, in part due to a loss on investments. The Toronto-based insurance company, which reports in U.S.
Apr 28, 2022 6:25 PM
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