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What to know about the potential work stoppage at Canada's two biggest railways
MONTREAL — A looming work stoppage at Canada's two biggest railways could have widespread effects on everything from daily commutes to the movement of grain and fuel. Unless deals are reached, rail service at both Canadian National Railway Co.
Aug 21, 2024 5:18 PM
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Divers find 5 bodies during search of superyacht wreckage after it sank off Sicily, 1 still missing
PORTICELLO, Sicily (AP) — Divers searching the wreck of a superyacht that sank off Sicily found the bodies of five passengers Wednesday, leaving one still missing as questions intensified about why the vessel sank so quickly when a nearby sailboat re
Aug 21, 2024 5:05 PM
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S&P/TSX composite rises Wednesday, U.S. stock markets also higher
TORONTO — Canada's main stock index rose on Wednesday, helped by strength in base metals and technology, while U.S.
Aug 21, 2024 4:47 PM
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Stock market today: Wall Street closes higher after Target and other retailers top profit forecasts
NEW YORK (AP) — U.S. stocks closed higher after more big companies delivered profit reports that topped analysts’ expectations. The S&P 500 rose 0.4% Wednesday. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite rose 0.6%.
Aug 21, 2024 4:05 PM
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'Unacceptable': Business groups say rail stoppage would hit grain, groceries and more
An impending labour stoppage on Canada's two national railways has riled industry groups who worry consumers and businesses will be hit hard if goods ranging from grains to french fries to petrochemicals can't be moved. Canadian National Railway Co.
Aug 21, 2024 4:02 PM
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The price of gold is at a record high. Here's why
NEW YORK (AP) — A gold rush is here. The precious metal hit an all time high this week. The spot price for gold closed Tuesday above $2,514, according to data from FactSet. That's the highest closing price recorded for the commodity to date.
Aug 21, 2024 3:09 PM
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Fed minutes: Most officials favored a rate cut in September if inflation continued to cool
WASHINGTON (AP) — Most Federal Reserve officials agreed last month that they would likely cut their benchmark interest rate at their next meeting in September as long as inflation continued to cool.
Aug 21, 2024 2:50 PM
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The Weeknd set to live stream São Paulo concert for free on YouTube
The Weeknd is offering a glimpse into the next chapter of his career with a one-night-only concert streaming live on YouTube from São Paulo, Brazil.
Aug 21, 2024 2:15 PM
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Shein sues Temu over copyright infringements as the legal feud between the two companies heats up
Online fast-fashion giant Shein has filed another lawsuit against competitor Temu, accusing the China-founded shopping platform of stealing its designs, copying its product images and engaging in other types of fraud.
Aug 21, 2024 1:57 PM
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Government: US economy added 818,000 fewer jobs than first reported in year that ended in March
WASHINGTON (AP) — The U.S. economy added 818,000 fewer jobs from April 2023 through March this year than were originally reported, the government said Wednesday.
Aug 21, 2024 1:47 PM
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