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U.S. economy grows at 3.1% pace in third quarter, an upgrade from previous estimate

U.S. economy grows at 3.1% pace in third quarter, an upgrade from previous estimate

WASHINGTON (AP) — The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an uptick in exports, the government said in an upgrade to its previous estimate.
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US applications for unemployment benefits come back down after last week's big rise

US applications for unemployment benefits come back down after last week's big rise

The number of Americans applying for unemployment benefits fell markedly last week following a big increase the week before. Jobless claim applications declined by 22,000 to 220,000 for the week of Dec. 14, the Labor Department reported Thursday.
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U.S. economy grows at 3,1% pace in third quarter, an upgrade from previous estimate

U.S. economy grows at 3,1% pace in third quarter, an upgrade from previous estimate

WASHINGTON (AP) — The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an uptick in exports, the government said in an upgrade to its previous estimate.
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Vermilion Energy raises dividend, plans $600M-$625M capital spending for 2025

Vermilion Energy raises dividend, plans $600M-$625M capital spending for 2025

CALGARY — Vermilion Energy Inc. raised its dividend as it outlined a capital spending plan of $600 million to $625 million for 2025. The company says it will pay a quarterly dividend of 13 cents per share, up a penny from 12 cents per share.
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Electric bus maker Lion Electric granted creditor protection by Quebec court

Electric bus maker Lion Electric granted creditor protection by Quebec court

MONTREAL — The Lion Electric Co. says it has been granted protection from creditors under the Companies' Creditors Arrangement Act by the Superior Court of Quebec.
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Bank of England warns of 'heightened uncertainty' as it keeps interest rates on hold

Bank of England warns of 'heightened uncertainty' as it keeps interest rates on hold

LONDON (AP) — The U.K.’s central bank warned Thursday of “heightened uncertainty" as it kept interest rates on hold after inflation moved further above target, even at a time when the British economy is flatlining at best.
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Canada Post to start accepting commercial mail as it ramps up post-strike operations

Canada Post to start accepting commercial mail as it ramps up post-strike operations

OTTAWA — Canada Post is set to start accepting commercial letters and parcels as it works to get back to normal operations following a month-long strike.
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In Montreal, one man is fighting to stop DVDs from going the way of the dodo

In Montreal, one man is fighting to stop DVDs from going the way of the dodo

MONTREAL — The Luddites were a 19th-century group of British textile workers who destroyed the mechanized looms and knitting frames they saw as a threat to their livelihoods.
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Israeli airstrikes hit Yemen's rebel-held capital and port city after Houthi attack targets Israel

Israeli airstrikes hit Yemen's rebel-held capital and port city after Houthi attack targets Israel

DUBAI, United Arab Emirates (AP) — A series of intense Israeli airstrikes shook Yemen's rebel-held capital and a port city early Thursday and killed at least nine people, officials said, shortly after a Houthi missile targeted central Israel.
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Stock Market Today: Asian shares track Wall Street's selloff after Fed hints at 2 rate cuts in 2025

Stock Market Today: Asian shares track Wall Street's selloff after Fed hints at 2 rate cuts in 2025

BANGKOK (AP) — Shares skidded Thursday in Asia after U.S. stocks tumbled to one of their worst days of the year when the Federal Reserve hinted it may deliver fewer rate cuts in 2025 than earlier thought.
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