National Business

MONTREAL — Nuvei Corp. says chief executive and chair Philip Fayer has acquired more shares in the company.

NEW YORK (AP) — U.S. stocks slumped after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought, regardless of how much Wall Street wants it. The S&P 500 fell 0.9% Wednesday.

TORONTO — The union representing workers at Ford Motor Co. facilities in Canada says its tentative deal with the company includes "transformative" gains, with one observer suggesting significant wage increases are likely.

OTTAWA — The federal privacy watchdog says Canada Post is breaking the law by gleaning information from the outsides of envelopes and packages to help build marketing lists that it rents to businesses.

OTTAWA — The Bank of Canada was watching its words at its last interest rate announcement, in fear of spurring speculation that rate cuts are coming any time soon.

NEW YORK (AP) — A venture capital firm that has backed buzzy new companies like restaurant chain Slutty Vegan and beauty brand Live Tinted has become symbolic of the fight over corporate diversity policies since becoming a target of a lawsuit over a

TORONTO — A new RBC survey suggests financial uncertainty has become the new normal for many Canadians as inflation eats into their savings and hampers their future financial security.

LONDON (AP) — Inflation across the U.K.

TORONTO — The Canada Pension Plan Investment Board has promoted Manroop Jhooty to senior managing director and head of total fund management.

OTTAWA — Canada's corporate ethics watchdog has launched an investigation into allegations that Levi Strauss Canada is working with companies that use forced labour in China.