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Federal Reserve's favored inflation gauge shows price pressures easing as rate cuts near

Federal Reserve's favored inflation gauge shows price pressures easing as rate cuts near

WASHINGTON (AP) — An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases that clears the way for the Fed to start cutting its key interest rate next month for the first time i
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CWB reports Q3 profit down from year ago, provision for credit losses up

CWB reports Q3 profit down from year ago, provision for credit losses up

EDMONTON — CWB Financial Group reported its third-quarter profit fell compared with a year ago as it saw the amount it set aside for bad loans climb higher.
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Laurentian Bank reports $34.1M Q3 profit, down from $49.3M a year ago

Laurentian Bank reports $34.1M Q3 profit, down from $49.3M a year ago

MONTREAL — Laurentian Bank of Canada says it earned $34.1 million in its third quarter, down from $49.3 million in the same quarter last year.
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Ottawa's move to end rail shutdown prompts debate over workers' rights

Ottawa's move to end rail shutdown prompts debate over workers' rights

MONTREAL — Workers’ rights are once again under the microscope after last week’s massive railway work stoppage was abruptly halted when the federal government intervened less than 17 hours after the shutdown began.
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Federal Reserve's favored inflation gauge shows price pressures easing as rate cuts near

Federal Reserve's favored inflation gauge shows price pressures easing as rate cuts near

WASHINGTON (AP) — An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases that clears the way for the Fed to start cutting its key interest rate next month for the first time i
Read more >
Inflation fell to 2.2% in Europe, clearing the way for a European Central Bank rate cut in September

Inflation fell to 2.2% in Europe, clearing the way for a European Central Bank rate cut in September

FRANKFURT, Germany (AP) — Inflation in the 20 European Union countries that use the euro fell sharply to 2.2% in August, opening the door for the European Central Bank to cut interest rates as the ECB and the U.S.
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Inflation fell to 2.2% in Europe, clearing the way for a European Central Bank rate cut in September

Inflation fell to 2.2% in Europe, clearing the way for a European Central Bank rate cut in September

FRANKFURT, Germany (AP) — Inflation in the 20 European Union countries that use the euro fell sharply to 2.2% in August, opening the door for the European Central Bank to cut interest rates as the ECB and the U.S.
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Cash-strapped parents seek back-to-school deals as years of inflation take a toll

Cash-strapped parents seek back-to-school deals as years of inflation take a toll

TORONTO — When August rolled around, April Hicke realized the $100 she typically gives her 13-year-old son to update his wardrobe in time for school to start was no longer enough.
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Houthi video shows the Yemeni rebels planted bombs on tanker now threatening Red Sea oil spill

Houthi video shows the Yemeni rebels planted bombs on tanker now threatening Red Sea oil spill

DUBAI, United Arab Emirates (AP) — Yemen's Houthi rebels released footage on Thursday showing their fighters boarded and placed explosives on a Greek-flagged tanker, setting off blasts that put the Red Sea at risk of a major oil spill.
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B.C. revamps building code to allow single stairwells in buildings up to six storeys

B.C. revamps building code to allow single stairwells in buildings up to six storeys

VICTORIA — British Columbia is moving to allow buildings up to six storeys to have one exit stairwell instead of two in the government's latest effort to boost housing supply.
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