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National Business
S&P/TSX composite edges lower, U.S. stock markets climb as Nasdaq posts new record
TORONTO — Canada's main stock index edged lower Tuesday, led by weakness in energy stocks, while U.S. markets rose and the Nasdaq posted a new record high.
May 14, 2024 4:39 PM
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Via Rail hopes to beat 2019 ridership levels this year, even as losses deepen
MONTREAL — Via Rail notched a big jump in ridership last year, continuing a three-year trend ahead of an expected record number of customers in 2024. In its annual report Tuesday, the Crown corporation said some 4.
May 14, 2024 4:17 PM
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Stock market today: Wall Street ends higher, sending Nasdaq to a record high
NEW YORK (AP) — Stocks ended higher on Wall Street, sending the Nasdaq composite to another record. The S&P 500 rose 0.5%, and is sitting just shy of its own all-time high. The Dow Jones Industrial Average added 0.3%.
May 14, 2024 4:08 PM
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Argentina reports its first single-digit inflation in 6 months as markets swoon and costs hit home
BUENOS AIRES, Argentina (AP) — Argentina’s monthly inflation rate eased sharply to a single-digit rate in April for the first time in half a year, data released Tuesday showed, a closely watched indicator that bolsters President Javier Milei’s severe
May 14, 2024 3:56 PM
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$1.6B parts plant for Honda electric vehicle batteries coming to Niagara Region
A Japanese company is building an approximately $1.6-billion plant in Ontario's Niagara Region that will make a key electric vehicle battery component as part of Honda's supply chain in the province.
May 14, 2024 2:15 PM
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Fed's Powell downplays potential for a rate hike despite higher price pressures
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation and underscored his view that price increases would soon start to cool agai
May 14, 2024 12:35 PM
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Environment groups, First Nation want public hearing on Pathways carbon capture plans
CALGARY — Environmental organizations, a northern Alberta First Nation and a group of concerned landowners are asking the Alberta Energy Regulator to conduct a full-scale environmental impact assessment of the oilsands' industry's massive proposed ca
May 14, 2024 11:45 AM
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Hydro One raises dividend, reports $293M Q1 profit, up from $282M a year earlier
TORONTO — Hydro One Ltd. raised its quarterly dividend as it reported its first-quarter profit rose compared with a year earlier, helped by higher revenue. The power utility says it will pay a quarterly dividend of 31.42 cents per share, up from 29.
May 14, 2024 11:12 AM
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Already expensive, planning for fertility treatment difficult as costs vary widely
Being unable to have a child naturally can be extremely difficult.
May 14, 2024 10:00 AM
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Wholesale price increases accelerated in April as inflation remains sticky
WASHINGTON (AP) — U.S. wholesale prices rose sharply last month, a sign that inflation pressures remain stubbornly high after three elevated readings in consumer prices to start the year.
May 14, 2024 9:38 AM
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