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US economy grew solid 3.2% in fourth quarter, a slight downgrade from government's initial estimate

US economy grew solid 3.2% in fourth quarter, a slight downgrade from government's initial estimate

WASHINGTON (AP) — The U.S. economy grew at a robust 3.2% annual pace from October through December, propelled by healthy consumer spending, the Commerce Department reported Wednesday in a slight downgrade from its initial estimate.
Lower auto prices are finally giving Americans a break after years of inflationary increases

Lower auto prices are finally giving Americans a break after years of inflationary increases

DETROIT (AP) — Price increases for cars and trucks in the United States, which helped fuel inflation for nearly three years, are slowing and in some cases falling, helping cool overall inflation and giving frustrated Americans more hope of finding an
S&P/TSX composite down in late-morning trading, U.S. stock markets also lower

S&P/TSX composite down in late-morning trading, U.S. stock markets also lower

TORONTO — Canada's main stock index was down in late-morning trading, weighed down by losses in the base metal and telecom stocks, while U.S. stock markets also fell. The S&P/TSX composite index was down 24.10 points at 21,294.80.
Alberta renewables sector fears politicization of energy as moratorium ends

Alberta renewables sector fears politicization of energy as moratorium ends

CALGARY — A seven-month pause on wind and solar development in Alberta is coming to an end, but some involved in the sector say increased politicization threatens its future growth.
Wendy's says it has no plans to raise prices during the busiest times at its restaurants

Wendy's says it has no plans to raise prices during the busiest times at its restaurants

Wendy's says that it has no plans to increase prices during the busiest times at its restaurants.
Boeing given 90 days by FAA to come up with a plan to improve safety and quality of manufacturing

Boeing given 90 days by FAA to come up with a plan to improve safety and quality of manufacturing

The Federal Aviation Administration is giving Boeing 90 days to come up with a plan to fix quality problems and meet safety standards for building new planes.
George Weston reports smaller Q4 loss compared with a year ago

George Weston reports smaller Q4 loss compared with a year ago

TORONTO — George Weston Ltd. reported a smaller loss in its fourth quarter compared with a year ago as its revenue edged higher. The company, which owns a majority stake in Loblaw Cos. Ltd.
Stock market today: Wall Street opens lower, pulling further below its recent record high

Stock market today: Wall Street opens lower, pulling further below its recent record high

NEW YORK (AP) — Stocks are slipping a bit lower from their all-time highs on Wall Street. The S&P 500 was down 0.3% early Wednesday, continuing a quiet run since it set a record last week. The Dow was off 217 points, or 0.5%.
MDA reports fourth-quarter profit and revenue up from year ago

MDA reports fourth-quarter profit and revenue up from year ago

BRAMPTON, Ont. — MDA Ltd. reported a fourth-quarter profit of $13.5 million, up from $8.8 million a year earlier, as its revenue rose 10 per cent.
National Bank reports $922M Q1 profit, up from $876M a year ago

National Bank reports $922M Q1 profit, up from $876M a year ago

MONTREAL — National Bank of Canada reported a first-quarter profit of $922 million, up from $876 million a year earlier, as its revenue rose across its business. The Montreal-based bank said Wednesday the profit amounted to $2.