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Wall Street ends mixed following strong data on wages, jobs
NEW YORK — Worries about inflation weighed on Wall Street, leaving major indexes mixed after another bumpy day of trading. The S&P 500 ended down 0.1% and the Nasdaq lost 0.2% after being down even more earlier in the day.
Dec 2, 2022 4:13 PM
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Infowars host Alex Jones files for personal bankruptcy
HOUSTON — Infowars host Alex Jones filed for personal bankruptcy protection Friday in Texas, citing debts that include nearly $1.5 billion he has been ordered to pay to families who sued him over his conspiracy theories about the Sandy Hook school massacre
Dec 2, 2022 1:55 PM
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Unemployment rate drops slightly to 5.1% in November, labour market still hot
OTTAWA — Canada's unemployment rate is still holding near historical lows even as the Bank of Canada cranks up interest rates to slow the economy and stifle inflation.
Dec 2, 2022 1:26 PM
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US hiring stays strong, complicating Fed's inflation fight
WASHINGTON (AP) — The nation’s employers kept hiring briskly in November despite high inflation and a slow-growing economy — a sign of resilience in the face of the Federal Reserve’s aggressive interest rate hikes .
Dec 2, 2022 1:05 PM
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Vancouver's November home sales fell 53% from a year ago, 15% from October: board
VANCOUVER — The Real Estate Board of Greater Vancouver says the typically slow conditions it sees in November were even more sluggish last month as home sales dropped 53 per cent from a year ago and 15 per cent from October. The B.C.
Dec 2, 2022 12:53 PM
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BoC expected to end year off with one more rate increase, likely to pause hikes soon
OTTAWA — The Bank of Canada is expected to conclude a historic year marked by high inflation and aggressive monetary policy tightening with one more interest rate hike on Wednesday.
Dec 2, 2022 11:39 AM
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Rail strike averted: Biden signs bill enforcing agreement
WASHINGTON (AP) — President Joe Biden signed a bill Friday to avert a freight rail strike that he said could have plunged the U.S. into a catastrophic recession.
Dec 2, 2022 11:25 AM
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November auto sales in Canada up from year ago: DesRosiers report
TORONTO — A report by DesRosiers Automotive Consultants says light vehicle sales in November rose 4.1 per cent compared with last year. The firm estimates 114,966 light vehicle were sold last month. The result was up from 110,448 in November 2021.
Dec 2, 2022 10:38 AM
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'Fashion doesn't stop at handbags:' Resurrected Bentley changes stores, plots growth
A luggage and bag store isn't exactly top of mind during lockdowns. So Bentley & Co. Ltd. quietly tightened operations and positioned itself for a post-pandemic comeback. The retailer's predecessor, Bentley Leathers Inc.
Dec 2, 2022 10:00 AM
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Here's a quick glance at unemployment rates for November, by Canadian city
OTTAWA — The national unemployment rate held steady at 5.1 per cent in November. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
Dec 2, 2022 9:25 AM
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