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National Business
S&P/TSX composite index posts gain Tuesday, U.S. markets rise after inflation report
TORONTO — Canada's main stock index posted a modest gain on Tuesday, while U.S. markets rose after the latest data on inflation. The Nasdaq notched a 1.
Mar 12, 2024 4:44 PM
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Dorel lays off workers as consumer spending slump weighs on earnings
MONTREAL — Dorel Industries Inc. laid off workers last quarter amid ongoing losses fuelled by low demand for furniture, even as it reported its best financial results in two and a half years.
Mar 12, 2024 4:36 PM
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SaltWire's money woes a sign of bigger problems in the newspaper business: experts
In court documents, the Fiera Private Debt Fund said SaltWire and The Halifax Herald Ltd. together owe it $32.7 million, plus almost $600,000 of accrued and outstanding interest
Mar 12, 2024 4:20 PM
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Stock market today: Wall Street rallies to a record as Big Tech stocks renew their run
NEW YORK (AP) — Stocks rallied to records after some influential Big Tech companies got back in their groove. The S&P 500 rose 1.1% Tuesday to top its all-time high set last week. The Dow Jones Industrial Average gained 0.
Mar 12, 2024 4:05 PM
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Lowering interest rate cap to 35% to cost jobs and GDP: Industry report
TORONTO — A report commissioned by the Canadian Lenders Association estimates that lowering the maximum interest rate could lead to the loss of tens of thousands of jobs and billions of dollars in GDP.
Mar 12, 2024 3:08 PM
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US inflation up again in February in latest sign that price pressures remain elevated
WASHINGTON (AP) — Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for President Joe Biden’s re-election campaign, both of which are counting on a steady easin
Mar 12, 2024 2:13 PM
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Value of Canadian farmland rises 11.5 per cent in 2023: report
REGINA — The value of Canadian farmland rose 11.5 per cent in 2023, a new report by agriculture lending firm Farm Credit Canada has found. Chief economist J.P.
Mar 12, 2024 12:23 PM
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Browning West files lawsuit to ensure Gildan annual meeting happens 'without delay'
MONTREAL — A U.S. investor looking to replace a majority of the board of directors at Gildan Activewear Inc.
Mar 12, 2024 11:47 AM
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Scholastic invests US$186M in children's show maker 9 Story Media
TORONTO — Publishing giant Scholastic says it has signed a US$186 million agreement to invest in the company behind television programs "Daniel Tiger’s Neighborhood," "Doc McStuffins" and "Octonauts.
Mar 12, 2024 10:03 AM
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Bitcoin ETFs offer accessibility and safety but investors also need to weigh risks
From claims of its potential to protect against inflation to ushering in a new era of decentralization, cryptocurrency has been hailed by enthusiasts from all walks of life as the future of investing.
Mar 12, 2024 10:00 AM
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