National Business

OTTAWA — The federal government is cutting the amount of financial relief small businesses will receive from carbon pricing revenues so it can increase the size of the rebate it is providing to rural families.

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.

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.

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.

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.

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.

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.

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.

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.

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.