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National Business
National Business
Statistics Canada reports manufacturing sales down 2.8% in October
OTTAWA — Statistics Canada says manufacturing sales fell 2.8 per cent to $71 billion, led by a drop in petroleum and coal product sales as well as lower sales in the machinery and computer and electronic product subsectors.
Dec 14, 2023 10:43 AM
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Depressed or anxious about finances amid inflation and rising rates? You're not alone
As rent, mortgage payments, grocery bills and the cost of just about everything else rises, more and more Canadians are feeling the weight — not just on their budgets, but also on their mental well-being.
Dec 14, 2023 9:12 AM
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European Central Bank keeps its key interest rate at a record high. Now, when will it cut?
FRANKFURT, Germany (AP) — The European Central Bank kept its key interest rate at a record high Thursday and said it will keep them there as long as needed to battle back inflation , signaling little as expectations grow that it will start cutting bo
Dec 14, 2023 6:06 AM
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US applications for jobless benefits fall again as labor market continues to thrive
The number of Americans filing for jobless benefits fell last week as the labor market continues to thrive despite high interest rates and elevated costs. Applications for unemployment benefits fell by 19,000 to 202,000 for the week ending Dec.
Dec 14, 2023 5:48 AM
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TMX Group buying 78% stake in VettaFi it doesn't already own for $1.15B
TORONTO — TMX Group Ltd. has signed a deal to buy the 78 per cent stake in VettaFi Holdings LLC that it does not already own for $1.15 billion. U.S.
Dec 14, 2023 5:14 AM
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Bank of England holds interest rates at a 15-year high despite worries about the economy
LONDON (AP) — The Bank of England kept borrowing rates unchanged Thursday despite mounting worries over the state of the British economy, and it showed little sign that it is contemplating cutting them anytime soon — unlike the U.S. Federal Reserve .
Dec 14, 2023 4:45 AM
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Rogers hails successful satellite-to-mobile phone call, with N.L. premier on one end
ST. JOHN'S, N.L. — Rogers Communications Inc. says it has passed a key milestone in satellite-to-mobile connectivity as the company pushes to bring the technology to the entire country next year.
Dec 14, 2023 4:00 AM
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Wizards, Capitals would move to Virginia in tentative deal, Youngkin says. Mystics would stay in DC
ALEXANDRIA, Va. (AP) — Virginia Gov.
Dec 13, 2023 6:19 PM
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Manitoba First Nations appear a step closer to gaining a casino in Winnipeg
WINNIPEG — Manitoba Premier Wab Kinew said Wednesday he is open to considering a First Nations-run casino in Winnipeg, reversing long-standing opposition to the idea under previous governments.
Dec 13, 2023 4:06 PM
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Grocery code launch being held back by dissent from some retailers: board report
After two years of work, the group responsible for developing the grocery code of conduct says its launch is being held back by a lack of support from two major grocers.
Dec 13, 2023 3:51 PM
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