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Stock market today: Wall Street closes mostly lower and ends a 6-week winning streak
Stocks gave up an early gain and closed mostly lower on Wall Street, ending a six-week winning streak. The S&P 500 ended little changed Friday. The Dow Jones Industrial Average fell 0.6%, while the Nasdaq composite rose 0.
Oct 25, 2024 1:11 PM
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'Shock-prone world' highlights need for productivity: Bank of Canada governor
OTTAWA — Bank of Canada governor Tiff Macklem says the world has become more prone to supply shocks which create more risks to inflation, but the central bank is in a better place to deal with them now that inflation is under control.
Oct 25, 2024 12:23 PM
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Brazil reaches a $23 billion settlement with mining firms over a 2015 environmental disaster
SAO PAULO (AP) — Brazil's federal government on Friday reached a multibillion-dollar settlement with the mining companies responsible for a 2015 dam collapse that the government said was the country's worst-ever environmental disaster.
Oct 25, 2024 12:22 PM
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New tool to study how climate change has shifted the odds of extreme cold weather
The federal government will begin this winter to quickly analyze how climate change is shifting the odds of extreme cold temperatures, broadening the application of the system it rolled out over the summer to study heat waves.
Oct 25, 2024 11:57 AM
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'We feel hoodwinked': Ontario grocers wary of new recycling rules with alcohol sales
TORONTO — Ontario grocery stores — particularly smaller, independent shops — say new bottle return requirements that were sprung on them a week before they're set to take effect may make it impossible to participate in Premier Doug Ford's expansion o
Oct 25, 2024 10:19 AM
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With listeria top of mind, manufacturers are upping testing protocols: food experts
From frozen waffles and pancakes to beef jelly tongue, recent listeria recalls may have consumers concerned that more of the bacteria is infiltrating the food chain, but experts say that's not the case.
Oct 25, 2024 8:34 AM
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Corus Entertainment signs amended debt deal with banks, reports $26M loss in Q4
TORONTO — Corus Entertainment Inc. has gained some breathing room. The company says it has agreed to a deal with its lenders that will buy it some time as it works to slash costs and reduce its debt.
Oct 25, 2024 8:20 AM
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Federal government posts $9.8-billion deficit for April-to-August period
OTTAWA — The federal government's deficit was $9.8 billion for the April-to-August period. The Finance Department's latest fiscal monitor says the result compared with a deficit of $4.3 billion during the same period a year earlier.
Oct 25, 2024 8:10 AM
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Retail sales up slightly in August as consumer spending remains muted
OTTAWA — Canadian retail sales rose 0.4 per cent to $66.6 billion in August, helped by higher new car sales, Statistics Canada said Friday.
Oct 25, 2024 7:57 AM
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Russia's central bank raises interest rate to 21% to fight inflation boosted by military spending
MOSCOW (AP) — Russia’s central bank on Friday raised its key interest rate by two percentage points to a record-high 21% in an effort to combat growing inflation as government spending on the military strains the economy’s capacity to produce goods a
Oct 25, 2024 4:09 AM
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